GGG Ptb Ratio vs Price To Sales Ratio Analysis

GGG Stock  CAD 0.04  0.00  0.00%   
G6 Materials financial indicator trend analysis is much more than just examining G6 Materials Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether G6 Materials Corp is a good investment. Please check the relationship between G6 Materials Ptb Ratio and its Price To Sales Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in G6 Materials Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Ptb Ratio vs Price To Sales Ratio

Ptb Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of G6 Materials Corp Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between G6 Materials' Ptb Ratio and Price To Sales Ratio is 0.6. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of G6 Materials Corp, assuming nothing else is changed. The correlation between historical values of G6 Materials' Ptb Ratio and Price To Sales 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 Ptb Ratio of G6 Materials Corp are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Ptb Ratio i.e., G6 Materials' Ptb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing G6 Materials Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on G6 Materials sales, a figure that is much harder to manipulate than other G6 Materials Corp 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.
Most indicators from G6 Materials' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into G6 Materials Corp 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in G6 Materials Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Issuance Of Capital Stock is likely to climb to about 5.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.4 M in 2024.

G6 Materials fundamental ratios Correlations

0.250.990.27-0.95-0.530.960.32-0.210.96-0.080.560.370.990.460.050.990.340.75-0.57-0.360.590.540.580.05-0.58
0.250.16-0.19-0.04-0.850.110.16-0.190.110.160.660.930.230.91-0.750.230.820.45-0.69-0.490.850.360.570.84-0.78
0.990.160.28-0.97-0.460.970.28-0.20.97-0.10.490.270.990.390.120.990.250.72-0.5-0.30.530.480.54-0.02-0.52
0.27-0.190.28-0.17-0.070.170.710.310.17-0.340.270.030.180.01-0.050.210.030.19-0.09-0.370.080.510.11-0.070.11
-0.95-0.04-0.97-0.170.3-0.99-0.120.2-0.990.14-0.33-0.14-0.97-0.23-0.32-0.95-0.11-0.570.350.17-0.38-0.32-0.350.090.4
-0.53-0.85-0.46-0.070.3-0.34-0.340.29-0.34-0.14-0.89-0.82-0.51-0.960.77-0.51-0.87-0.770.870.63-0.97-0.57-0.86-0.660.89
0.960.110.970.17-0.99-0.340.13-0.191.0-0.130.340.210.970.290.270.970.130.58-0.36-0.190.430.340.37-0.02-0.43
0.320.160.280.71-0.12-0.340.130.120.13-0.170.590.440.190.2-0.30.230.480.26-0.54-0.560.260.810.29-0.06-0.23
-0.21-0.19-0.20.310.20.29-0.190.12-0.190.23-0.18-0.11-0.23-0.250.06-0.22-0.24-0.240.25-0.11-0.290.09-0.29-0.150.43
0.960.110.970.17-0.99-0.341.00.13-0.19-0.130.340.210.970.290.270.970.130.58-0.36-0.190.430.340.37-0.02-0.43
-0.080.16-0.1-0.340.14-0.14-0.13-0.170.23-0.130.070.14-0.060.17-0.28-0.010.10.1-0.16-0.360.120.210.15-0.03-0.03
0.560.660.490.27-0.33-0.890.340.59-0.180.340.070.740.50.77-0.660.50.930.7-0.94-0.710.810.720.780.42-0.8
0.370.930.270.03-0.14-0.820.210.44-0.110.210.140.740.320.84-0.690.330.850.48-0.74-0.650.810.620.550.72-0.71
0.990.230.990.18-0.97-0.510.970.19-0.230.97-0.060.50.320.440.090.990.290.74-0.51-0.30.580.440.560.06-0.56
0.460.910.390.01-0.23-0.960.290.2-0.250.290.170.770.840.44-0.780.450.80.7-0.76-0.580.980.480.780.79-0.85
0.05-0.750.12-0.05-0.320.770.27-0.30.060.27-0.28-0.66-0.690.09-0.780.06-0.74-0.430.630.67-0.71-0.48-0.59-0.70.53
0.990.230.990.21-0.95-0.510.970.23-0.220.97-0.010.50.330.990.450.060.280.74-0.53-0.340.590.490.560.04-0.55
0.340.820.250.03-0.11-0.870.130.48-0.240.130.10.930.850.290.8-0.740.280.5-0.92-0.640.780.590.650.57-0.83
0.750.450.720.19-0.57-0.770.580.26-0.240.580.10.70.480.740.7-0.430.740.5-0.65-0.490.790.530.910.3-0.64
-0.57-0.69-0.5-0.090.350.87-0.36-0.540.25-0.36-0.16-0.94-0.74-0.51-0.760.63-0.53-0.92-0.650.68-0.79-0.7-0.72-0.340.86
-0.36-0.49-0.3-0.370.170.63-0.19-0.56-0.11-0.19-0.36-0.71-0.65-0.3-0.580.67-0.34-0.64-0.490.68-0.59-0.87-0.42-0.410.34
0.590.850.530.08-0.38-0.970.430.26-0.290.430.120.810.810.580.98-0.710.590.780.79-0.79-0.590.540.840.7-0.87
0.540.360.480.51-0.32-0.570.340.810.090.340.210.720.620.440.48-0.480.490.590.53-0.7-0.870.540.490.14-0.36
0.580.570.540.11-0.35-0.860.370.29-0.290.370.150.780.550.560.78-0.590.560.650.91-0.72-0.420.840.490.35-0.75
0.050.84-0.02-0.070.09-0.66-0.02-0.06-0.15-0.02-0.030.420.720.060.79-0.70.040.570.3-0.34-0.410.70.140.35-0.5
-0.58-0.78-0.520.110.40.89-0.43-0.230.43-0.43-0.03-0.8-0.71-0.56-0.850.53-0.55-0.83-0.640.860.34-0.87-0.36-0.75-0.5
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G6 Materials Account Relationship Matchups

G6 Materials fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2M5.9M3.8M1.4M1.7M1.6M
Total Current Liabilities449.1K237.7K262.0K469.5K540.0K567.0K
Total Stockholder Equity716.6K5.5M3.5M971.5K1.1M1.4M
Property Plant And Equipment Net119.5K262.1K227.2K171.5K197.2K226.7K
Net Debt(422.8K)(4.6M)(2.0M)(329.8K)(296.8K)(311.7K)
Retained Earnings(10.4M)(11.5M)(16.2M)(18.9M)(17.1M)(16.2M)
Cash561.7K4.9M2.1M390.4K449.0K827.7K
Non Current Assets Total381.3K480.3K401.7K302.4K347.7K418.9K
Cash And Short Term Investments561.7K4.9M2.1M390.4K449.0K827.7K
Net Receivables8.6K24.9K51.7K55.3K63.6K43.1K
Liabilities And Stockholders Equity1.2M5.9M3.8M1.4M1.7M1.6M
Total Liab449.1K387.4K262.0K469.5K540.0K567.0K
Total Current Assets784.4K5.4M3.4M1.1M1.3M1.2M
Common Stock Shares Outstanding8.2M10.3M12.8M16.4M18.8M19.8M
Net Tangible Assets454.8K5.3M3.3M840.6K966.6K1.4M
Accounts Payable214.8K137.6K135.6K215.8K248.1K154.9K
Other Current Assets(1.0)141.7K219.1K118.6K136.4K82.6K
Common Stock7.4M8.3M13.8M16.5M19.0M19.9M
Property Plant Equipment119.5K262.1K227.2K171.5K197.2K219.7K
Inventory162.1K386.9K970.0K574.3K660.5K417.9K
Accumulated Other Comprehensive Income(82.8K)108.4K(94.0K)(164.4K)(147.9K)(140.5K)
Other Current Liab310.2K150.2K148.4K408.9K470.2K493.8K
Intangible Assets261.8K218.2K174.5K130.9K117.8K226.9K
Net Invested Capital799.9K5.5M3.5M971.5K1.1M2.1M
Net Working Capital335.3K5.2M3.1M669.1K769.4K731.0K

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Additional Tools for GGG Stock Analysis

When running G6 Materials' price analysis, check to measure G6 Materials' 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 G6 Materials is operating at the current time. Most of G6 Materials' value examination focuses on studying past and present price action to predict the probability of G6 Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move G6 Materials' price. Additionally, you may evaluate how the addition of G6 Materials to your portfolios can decrease your overall portfolio volatility.