CareMax Price To Sales Ratio vs Ptb Ratio Analysis

CMAX Stock  USD 0.46  0.04  9.52%   
CareMax financial indicator trend analysis is way more than just evaluating CareMax prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CareMax is a good investment. Please check the relationship between CareMax Price To Sales Ratio and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareMax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy CareMax Stock please use our How to Invest in CareMax guide.

Price To Sales Ratio vs Ptb Ratio

Price To Sales Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CareMax Price To Sales Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CareMax's Price To Sales Ratio and Ptb Ratio is 0.85. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of CareMax, assuming nothing else is changed. The correlation between historical values of CareMax's Price To Sales Ratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of CareMax are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Price To Sales Ratio i.e., CareMax's Price To Sales Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Price To Sales Ratio

Price to Sales Ratio is figured by comparing CareMax stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on CareMax sales, a figure that is much harder to manipulate than other CareMax multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from CareMax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CareMax current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareMax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy CareMax Stock please use our How to Invest in CareMax guide.Sales General And Administrative To Revenue is likely to rise to 0.17 in 2024, whereas Selling General Administrative is likely to drop slightly above 47.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit31.4M80.3M13.9M13.2M
Total Revenue295.8M631.1M751.1M411.8M

CareMax fundamental ratios Correlations

0.94-0.960.83-0.140.820.970.220.940.930.82-0.830.990.740.990.310.991.00.810.710.990.810.570.650.890.92
0.94-0.810.63-0.130.610.9-0.060.780.840.65-0.720.890.520.920.050.910.920.740.480.910.740.330.360.721.0
-0.96-0.81-0.940.12-0.94-0.96-0.43-1.0-0.92-0.910.86-0.99-0.87-0.97-0.51-0.98-0.97-0.82-0.84-0.97-0.82-0.73-0.83-0.96-0.78
0.830.63-0.940.061.00.880.650.940.880.98-0.870.880.950.860.710.870.860.870.930.870.870.830.90.990.58
-0.14-0.130.120.060.040.060.54-0.10.220.22-0.4-0.130.29-0.040.57-0.13-0.090.380.31-0.060.380.420.08-0.01-0.14
0.820.61-0.941.00.040.870.650.940.870.98-0.860.880.950.850.710.870.850.860.930.860.860.830.910.990.57
0.970.9-0.960.880.060.870.380.950.980.89-0.930.980.840.990.480.980.990.90.810.990.90.70.720.910.87
0.22-0.06-0.430.650.540.650.380.480.490.67-0.630.320.810.30.990.290.280.540.840.310.540.920.820.53-0.11
0.940.78-1.00.94-0.10.940.950.480.920.91-0.860.970.890.950.550.970.960.810.870.960.810.760.860.950.74
0.930.84-0.920.880.220.870.980.490.920.92-0.980.940.890.960.590.940.950.940.870.960.940.780.740.90.81
0.820.65-0.910.980.220.980.890.670.910.92-0.930.870.960.870.740.860.860.940.940.870.940.850.850.970.61
-0.83-0.720.86-0.87-0.4-0.86-0.93-0.63-0.86-0.98-0.93-0.86-0.93-0.89-0.72-0.85-0.86-0.96-0.91-0.88-0.96-0.86-0.77-0.87-0.69
0.990.89-0.990.88-0.130.880.980.320.970.940.87-0.860.810.990.41.01.00.820.781.00.820.650.730.920.87
0.740.52-0.870.950.290.950.840.810.890.890.96-0.930.810.80.860.790.790.871.00.810.870.960.940.90.47
0.990.92-0.970.86-0.040.850.990.30.950.960.87-0.890.990.80.40.991.00.860.771.00.860.650.690.910.9
0.310.05-0.510.710.570.710.480.990.550.590.74-0.720.40.860.40.380.380.630.890.410.630.950.840.60.0
0.990.91-0.980.87-0.130.870.980.290.970.940.86-0.851.00.790.990.381.00.820.761.00.820.640.720.920.88
1.00.92-0.970.86-0.090.850.990.280.960.950.86-0.861.00.791.00.381.00.840.761.00.840.630.690.910.9
0.810.74-0.820.870.380.860.90.540.810.940.94-0.960.820.870.860.630.820.840.840.851.00.740.660.890.71
0.710.48-0.840.930.310.930.810.840.870.870.94-0.910.781.00.770.890.760.760.840.780.840.980.950.880.43
0.990.91-0.970.87-0.060.860.990.310.960.960.87-0.881.00.811.00.411.01.00.850.780.850.650.710.920.89
0.810.74-0.820.870.380.860.90.540.810.940.94-0.960.820.870.860.630.820.841.00.840.850.740.660.890.71
0.570.33-0.730.830.420.830.70.920.760.780.85-0.860.650.960.650.950.640.630.740.980.650.740.930.750.28
0.650.36-0.830.90.080.910.720.820.860.740.85-0.770.730.940.690.840.720.690.660.950.710.660.930.830.31
0.890.72-0.960.99-0.010.990.910.530.950.90.97-0.870.920.90.910.60.920.910.890.880.920.890.750.830.69
0.921.0-0.780.58-0.140.570.87-0.110.740.810.61-0.690.870.470.90.00.880.90.710.430.890.710.280.310.69
Click cells to compare fundamentals

CareMax Account Relationship Matchups

CareMax fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab1.1M3.4M3.9M33.6M50.2M52.7M
Total Current Liabilities3.3M5.5M22.0M77.3M438.8M460.8M
Net Tangible Assets(5.5M)(11.9M)(19.0M)(204.7M)(184.2M)(175.0M)
Accounts Payable1.5M1.0M3.1M7.7M6.3M3.8M
Other Assets194.7K182.9K4.7M1K1.2K1.1K
Net Receivables5.2M9.7M42.0M151.0M114.8M59.9M
Inventory10.6K15K550K723K1.00.95
Other Current Assets426.5K183K539K4.0M3.1M3.2M
Other Stockholder Equity4.9M6.5M505.3M657.1M782.4M821.5M
Total Current Assets10.1M14.9M108.0M197.3M183.3M95.0M
Property Plant Equipment3.5M4.8M16.0M129.9M149.4M156.9M

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Additional Tools for CareMax Stock Analysis

When running CareMax's price analysis, check to measure CareMax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CareMax is operating at the current time. Most of CareMax's value examination focuses on studying past and present price action to predict the probability of CareMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareMax's price. Additionally, you may evaluate how the addition of CareMax to your portfolios can decrease your overall portfolio volatility.