Nxu Ptb Ratio vs Price To Sales Ratio Analysis

NXU Stock  USD 0.25  0.01  3.85%   
Nxu financial indicator trend analysis is infinitely more than just investigating Nxu Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nxu Inc is a good investment. Please check the relationship between Nxu Ptb Ratio and its Price To Sales Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nxu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

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 Nxu Inc Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nxu's Ptb Ratio and Price To Sales Ratio is -0.68. 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 Nxu Inc, assuming nothing else is changed. The correlation between historical values of Nxu's 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 Nxu Inc 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., Nxu's Ptb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

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 Nxu Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nxu sales, a figure that is much harder to manipulate than other Nxu Inc 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 Nxu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nxu Inc 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nxu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, Nxu's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 0.000088 in 2024, despite the fact that Enterprise Value is likely to grow to (3.1 K).
 2021 2022 2023 2024 (projected)
Total Operating Expenses133.7M68.8M46.9M71.8M
Cost Of Revenue89.1K348K1.0M1.1M

Nxu fundamental ratios Correlations

-0.92-0.940.710.810.850.990.910.530.840.380.860.990.940.230.990.790.960.850.690.790.860.480.890.90.78
-0.920.78-0.51-0.62-0.73-0.88-0.77-0.68-0.95-0.06-0.9-0.87-0.8-0.51-0.91-0.56-0.82-0.67-0.41-0.56-0.7-0.64-0.83-0.74-0.87
-0.940.78-0.61-0.95-0.94-0.98-0.95-0.57-0.7-0.39-0.83-0.95-0.85-0.19-0.91-0.95-0.9-0.77-0.89-0.95-0.77-0.51-0.94-0.98-0.76
0.71-0.51-0.610.430.440.650.66-0.210.50.870.440.770.91-0.480.780.440.870.970.420.440.97-0.270.360.550.12
0.81-0.62-0.950.430.970.880.930.590.590.30.790.830.680.210.760.990.750.60.950.990.590.540.930.980.72
0.85-0.73-0.940.440.970.890.970.630.740.240.90.850.710.290.80.930.780.620.860.930.610.580.950.980.78
0.99-0.88-0.980.650.880.890.930.590.80.340.870.990.90.260.970.860.940.810.770.860.820.540.940.940.81
0.91-0.77-0.950.660.930.970.930.470.790.440.90.930.860.120.890.890.90.790.820.890.790.410.890.980.69
0.53-0.68-0.57-0.210.590.630.590.470.59-0.540.680.450.220.910.450.540.30.030.420.540.041.00.80.590.95
0.84-0.95-0.70.50.590.740.80.790.590.060.950.80.760.450.850.490.760.640.340.490.660.560.770.720.78
0.38-0.06-0.390.870.30.240.340.44-0.540.060.080.480.64-0.820.440.350.60.780.420.350.75-0.60.060.34-0.27
0.86-0.9-0.830.440.790.90.870.90.680.950.080.830.740.460.840.690.770.610.570.690.630.640.890.870.84
0.99-0.87-0.950.770.830.850.990.930.450.80.480.830.960.120.990.810.990.90.730.810.90.390.860.910.71
0.94-0.8-0.850.910.680.710.90.860.220.760.640.740.96-0.080.970.670.990.980.60.670.980.160.70.80.53
0.23-0.51-0.19-0.480.210.290.260.120.910.45-0.820.460.12-0.080.160.14-0.03-0.280.00.14-0.260.930.50.210.77
0.99-0.91-0.910.780.760.80.970.890.450.850.440.840.990.970.160.730.980.90.630.730.910.390.830.860.72
0.79-0.56-0.950.440.990.930.860.890.540.490.350.690.810.670.140.730.750.610.981.00.590.480.890.960.67
0.96-0.82-0.90.870.750.780.940.90.30.760.60.770.990.99-0.030.980.750.960.670.750.960.240.770.850.59
0.85-0.67-0.770.970.60.620.810.790.030.640.780.610.90.98-0.280.90.610.960.560.611.0-0.040.570.710.35
0.69-0.41-0.890.420.950.860.770.820.420.340.420.570.730.60.00.630.980.670.560.980.540.360.80.90.53
0.79-0.56-0.950.440.990.930.860.890.540.490.350.690.810.670.140.731.00.750.610.980.590.480.890.960.67
0.86-0.7-0.770.970.590.610.820.790.040.660.750.630.90.98-0.260.910.590.961.00.540.59-0.020.570.710.36
0.48-0.64-0.51-0.270.540.580.540.411.00.56-0.60.640.390.160.930.390.480.24-0.040.360.48-0.020.760.530.92
0.89-0.83-0.940.360.930.950.940.890.80.770.060.890.860.70.50.830.890.770.570.80.890.570.760.950.92
0.9-0.74-0.980.550.980.980.940.980.590.720.340.870.910.80.210.860.960.850.710.90.960.710.530.950.76
0.78-0.87-0.760.120.720.780.810.690.950.78-0.270.840.710.530.770.720.670.590.350.530.670.360.920.920.76
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Nxu Account Relationship Matchups

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Additional Tools for Nxu Stock Analysis

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