Jupiter Tangible Book Value Per Share vs Price To Sales Ratio Analysis
| JUNS Stock | USD 9.73 1.13 10.41% |
Jupiter Neurosciences, financial indicator trend analysis is infinitely more than just investigating Jupiter Neurosciences, recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jupiter Neurosciences, is a good investment. Please check the relationship between Jupiter Neurosciences, Tangible Book Value Per Share 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 Jupiter Neurosciences, Common. 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.
Tangible Book Value Per Share vs Price To Sales Ratio
Tangible Book Value Per Share vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jupiter Neurosciences, Tangible Book Value Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jupiter Neurosciences,'s Tangible Book Value Per Share and Price To Sales Ratio is 0.96. Overlapping area represents the amount of variation of Tangible Book Value Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Jupiter Neurosciences, Common, assuming nothing else is changed. The correlation between historical values of Jupiter Neurosciences,'s Tangible Book Value Per Share 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 Tangible Book Value Per Share of Jupiter Neurosciences, Common 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 Tangible Book Value Per Share i.e., Jupiter Neurosciences,'s Tangible Book Value Per Share and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Tangible Book Value Per Share
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Jupiter Neurosciences, stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Jupiter Neurosciences, sales, a figure that is much harder to manipulate than other Jupiter Neurosciences, Common 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 Jupiter Neurosciences,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jupiter Neurosciences, 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 Jupiter Neurosciences, Common. 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. Sales General And Administrative To Revenue is likely to gain to 11.03 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.8 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 638.0K | 233.3K | 210.0K | 199.5K | Total Revenue | 638.0K | 233.3K | 210.0K | 199.5K |
Jupiter Neurosciences, fundamental ratios Correlations
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Jupiter Neurosciences, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Jupiter Stock Analysis
When running Jupiter Neurosciences,'s price analysis, check to measure Jupiter Neurosciences,'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 Jupiter Neurosciences, is operating at the current time. Most of Jupiter Neurosciences,'s value examination focuses on studying past and present price action to predict the probability of Jupiter Neurosciences,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jupiter Neurosciences,'s price. Additionally, you may evaluate how the addition of Jupiter Neurosciences, to your portfolios can decrease your overall portfolio volatility.