Joby Price To Sales Ratio vs Capex To Revenue Analysis

JOBY-WT Stock   2.30  0.40  21.05%   
Joby Aviation financial indicator trend analysis is infinitely more than just investigating Joby Aviation recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Joby Aviation is a good investment. Please check the relationship between Joby Aviation Price To Sales Ratio and its Capex To Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Joby Aviation. 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.
For more information on how to buy Joby Stock please use our How to Invest in Joby Aviation guide.

Price To Sales Ratio vs Capex To Revenue

Price To Sales Ratio vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Joby Aviation Price To Sales Ratio account and Capex To Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Joby Aviation's Price To Sales Ratio and Capex To Revenue is 1.0. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Joby Aviation, assuming nothing else is changed. The correlation between historical values of Joby Aviation's Price To Sales Ratio and Capex To Revenue 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 Joby Aviation are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Price To Sales Ratio i.e., Joby Aviation's Price To Sales Ratio and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Joby Aviation stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Joby Aviation sales, a figure that is much harder to manipulate than other Joby Aviation 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.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Joby Aviation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Joby Aviation 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 Joby Aviation. 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.
For more information on how to buy Joby Stock please use our How to Invest in Joby Aviation guide.Selling General Administrative is likely to drop to about 78.8 M in 2024. Sales General And Administrative To Revenue is likely to drop to 81.92 in 2024
 2021 2022 2023 2024 (projected)
Interest Expense2.4M118K106.2K100.9K
Depreciation And Amortization15.9M24.0M30.5M21.4M

Joby Aviation fundamental ratios Correlations

0.720.790.791.0-0.540.82-0.540.76-0.67-0.79-0.190.730.970.991.00.75-0.540.55-0.540.71-0.99-0.540.940.970.97
0.720.840.970.75-0.580.99-0.580.94-0.01-0.890.050.070.870.810.680.99-0.580.750.180.99-0.8-0.580.90.840.85
0.790.840.910.78-0.90.89-0.90.95-0.21-1.0-0.380.310.860.820.770.9-0.90.89-0.010.81-0.81-0.90.840.810.87
0.790.970.910.8-0.650.99-0.650.94-0.15-0.94-0.180.220.910.850.750.99-0.650.860.060.93-0.84-0.650.940.860.91
1.00.750.780.8-0.510.84-0.510.77-0.65-0.78-0.140.710.981.00.990.77-0.510.54-0.510.74-1.0-0.510.960.980.98
-0.54-0.58-0.9-0.65-0.51-0.621.0-0.80.050.870.48-0.15-0.58-0.54-0.52-0.651.0-0.8-0.11-0.550.541.0-0.53-0.53-0.6
0.820.990.890.990.84-0.62-0.620.95-0.16-0.92-0.040.230.940.890.780.99-0.620.770.030.97-0.88-0.620.950.910.92
-0.54-0.58-0.9-0.65-0.511.0-0.62-0.80.050.870.48-0.15-0.58-0.54-0.52-0.651.0-0.8-0.11-0.550.541.0-0.53-0.53-0.6
0.760.940.950.940.77-0.80.95-0.8-0.05-0.96-0.070.140.870.820.720.96-0.80.790.130.94-0.81-0.80.860.850.86
-0.67-0.01-0.21-0.15-0.650.05-0.160.05-0.050.180.38-0.99-0.48-0.58-0.72-0.050.05-0.050.970.030.580.05-0.45-0.5-0.52
-0.79-0.89-1.0-0.94-0.780.87-0.920.87-0.960.180.33-0.26-0.88-0.83-0.76-0.930.87-0.9-0.03-0.850.820.87-0.87-0.82-0.88
-0.190.05-0.38-0.18-0.140.48-0.040.48-0.070.380.33-0.4-0.12-0.12-0.21-0.070.48-0.590.220.170.090.48-0.12-0.01-0.2
0.730.070.310.220.71-0.150.23-0.150.14-0.99-0.26-0.40.550.640.770.12-0.150.12-0.950.04-0.64-0.150.510.560.59
0.970.870.860.910.98-0.580.94-0.580.87-0.48-0.88-0.120.550.990.950.89-0.580.66-0.320.86-0.99-0.580.990.991.0
0.990.810.820.851.0-0.540.89-0.540.82-0.58-0.83-0.120.640.990.980.82-0.540.59-0.430.8-1.0-0.540.980.990.99
1.00.680.770.750.99-0.520.78-0.520.72-0.72-0.76-0.210.770.950.980.7-0.520.52-0.590.66-0.98-0.520.920.950.96
0.750.990.90.990.77-0.650.99-0.650.96-0.05-0.93-0.070.120.890.820.7-0.650.820.150.97-0.81-0.650.910.850.87
-0.54-0.58-0.9-0.65-0.511.0-0.621.0-0.80.050.870.48-0.15-0.58-0.54-0.52-0.65-0.8-0.11-0.550.541.0-0.53-0.53-0.6
0.550.750.890.860.54-0.80.77-0.80.79-0.05-0.9-0.590.120.660.590.520.82-0.80.20.66-0.57-0.80.690.560.69
-0.540.18-0.010.06-0.51-0.110.03-0.110.130.97-0.030.22-0.95-0.32-0.43-0.590.15-0.110.20.180.44-0.11-0.27-0.36-0.35
0.710.990.810.930.74-0.550.97-0.550.940.03-0.850.170.040.860.80.660.97-0.550.660.18-0.79-0.550.870.850.82
-0.99-0.8-0.81-0.84-1.00.54-0.880.54-0.810.580.820.09-0.64-0.99-1.0-0.98-0.810.54-0.570.44-0.790.54-0.97-0.99-0.98
-0.54-0.58-0.9-0.65-0.511.0-0.621.0-0.80.050.870.48-0.15-0.58-0.54-0.52-0.651.0-0.8-0.11-0.550.54-0.53-0.53-0.6
0.940.90.840.940.96-0.530.95-0.530.86-0.45-0.87-0.120.510.990.980.920.91-0.530.69-0.270.87-0.97-0.530.970.99
0.970.840.810.860.98-0.530.91-0.530.85-0.5-0.82-0.010.560.990.990.950.85-0.530.56-0.360.85-0.99-0.530.970.98
0.970.850.870.910.98-0.60.92-0.60.86-0.52-0.88-0.20.591.00.990.960.87-0.60.69-0.350.82-0.98-0.60.990.98
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Joby Aviation Account Relationship Matchups

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Additional Tools for Joby Stock Analysis

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