Erayak Historical Financial Ratios
| RAYA Stock | 1.37 0.09 7.03% |
Erayak Power is recently reporting on over 86 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 1.77, Free Cash Flow Yield of 0.48, Invested Capital of 0.0 or Operating Cash Flow Per Share of 0.59 will help investors to properly organize and evaluate Erayak Power Solution financial condition quickly.
Erayak |
About Erayak Financial Ratios Analysis
Erayak Power SolutionFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Erayak Power investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Erayak financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Erayak Power history.
Erayak Power Financial Ratios Chart
Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Erayak Power Solution stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Erayak Power sales, a figure that is much harder to manipulate than other Erayak Power Solution 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.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most ratios from Erayak Power's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Erayak Power Solution current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Erayak Power Solution. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. At present, Erayak Power's Book Value Per Share is projected to increase slightly based on the last few years of reporting. The current year's Free Cash Flow Yield is expected to grow to 0.48, whereas Price To Sales Ratio is forecasted to decline to 0.62.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 35.45 | 138.69 | 115.23 | 76.18 | PTB Ratio | 5.87 | 1.23 | 0.65 | 0.62 |
Erayak Power fundamentals Correlations
Click cells to compare fundamentals
Erayak Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Erayak Power Solution offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Erayak Power's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Erayak Power Solution Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Erayak Power Solution Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Erayak Power Solution. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Erayak Power. If investors know Erayak will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Erayak Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Earnings Share (0.01) | Revenue Per Share 1.695 | Quarterly Revenue Growth 0.264 | Return On Assets (0.02) |
The market value of Erayak Power Solution is measured differently than its book value, which is the value of Erayak that is recorded on the company's balance sheet. Investors also form their own opinion of Erayak Power's value that differs from its market value or its book value, called intrinsic value, which is Erayak Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Erayak Power's market value can be influenced by many factors that don't directly affect Erayak Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Erayak Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erayak Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erayak Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.