Reliance Historical Financial Ratios
RELI Stock | USD 1.20 0.02 1.64% |
Reliance Global is promptly reporting on over 120 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 2.41, Invested Capital of 0.0, Average Payables of 511.7 K or Stock Based Compensation To Revenue of 0.0605 will help investors to properly organize and evaluate Reliance Global Group financial condition quickly.
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About Reliance Financial Ratios Analysis
Reliance Global GroupFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Reliance Global 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 Reliance financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Reliance Global history.
Reliance Global Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Reliance Global Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Reliance Global sales, a figure that is much harder to manipulate than other Reliance Global Group 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.Dividend Yield
Dividend Yield is Reliance Global Group dividend as a percentage of Reliance Global stock price. Reliance Global Group dividend yield is a measure of Reliance Global stock productivity, which can be interpreted as interest rate earned on an Reliance Global investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most ratios from Reliance Global's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Reliance Global Group 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 Reliance Global Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. As of now, Reliance Global's Payables Turnover is decreasing as compared to previous years. The Reliance Global's current Average Inventory is estimated to increase to about 737.3 K, while Price To Sales Ratio is projected to decrease to 1.78.
2023 | 2024 (projected) | Dividend Yield | 0.25 | 0.22 | Price To Sales Ratio | 1.88 | 1.78 |
Reliance Global fundamentals Correlations
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Reliance Global Account Relationship Matchups
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Reliance Global fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 310.03 | 87.77 | 113.84 | 9.46 | 1.88 | 1.78 | |
Ptb Ratio | 2.1K | 5.6K | (42.41) | 17.79 | 3.6 | 3.42 | |
Book Value Per Share | 3.35 | 0.29 | (38.72) | 8.14 | 2.53 | 2.41 | |
Free Cash Flow Yield | (6.79E-4) | (7.33E-4) | (0.002663) | (0.0261) | (0.0403) | (0.0423) | |
Operating Cash Flow Per Share | (1.95) | (1.2) | (3.35) | (2.91) | (0.3) | (0.32) | |
Pb Ratio | 2.1K | 5.6K | (42.41) | 17.79 | 3.6 | 3.42 | |
Ev To Sales | 313.02 | 89.68 | 114.39 | 10.41 | 2.84 | 2.7 | |
Free Cash Flow Per Share | (4.88) | (1.2) | (4.37) | (3.78) | (0.37) | (0.39) | |
Net Income Per Share | (18.22) | (8.16) | (57.57) | 31.63 | (4.26) | (4.05) | |
Payables Turnover | 29.6 | 5.33 | 12.98 | 16.02 | 17.69 | 27.3 | |
Sales General And Administrative To Revenue | 0.82 | 0.58 | 0.37 | 0.4 | 0.3 | 0.28 | |
Cash Per Share | 0.0349 | 0.12 | 6.14 | 0.46 | 0.47 | 0.45 | |
Pocfratio | (3.7K) | (1.4K) | (490.59) | (49.71) | (30.37) | (31.88) | |
Pfcf Ratio | (1.5K) | (1.4K) | (375.48) | (38.27) | (24.81) | (26.05) | |
Days Payables Outstanding | 12.33 | 68.54 | 28.13 | 22.78 | 20.64 | 19.61 | |
Roe | (5.44) | (27.89) | 1.49 | 3.89 | (1.68) | (1.76) | |
Ev To Operating Cash Flow | (3.7K) | (1.4K) | (492.94) | (54.68) | (45.94) | (48.24) | |
Pe Ratio | (394.76) | (200.27) | (28.53) | 4.58 | (2.14) | (2.25) | |
Return On Tangible Assets | (1.93) | (1.07) | (3.67) | 6.23 | (2.27) | (2.16) | |
Ev To Free Cash Flow | (1.5K) | (1.4K) | (377.28) | (42.1) | (37.54) | (39.42) | |
Earnings Yield | (0.002533) | (0.004993) | (0.0351) | 0.22 | (0.47) | (0.44) | |
Intangibles To Total Assets | 0.89 | 0.83 | 0.62 | 0.86 | 0.77 | 0.9 | |
Net Debt To E B I T D A | (5.61) | (6.05) | (4.06) | (4.02) | (2.29) | (2.41) | |
Current Ratio | 0.14 | 0.12 | 0.18 | 0.42 | 1.37 | 1.3 | |
Tangible Book Value Per Share | (75.79) | (37.96) | (64.17) | (21.88) | (3.75) | (3.57) | |
Graham Number | 37.05 | 7.33 | 223.96 | 76.1 | 15.58 | 14.8 | |
Shareholders Equity Per Share | 3.35 | 0.29 | (38.72) | 8.14 | 2.53 | 2.41 | |
Debt To Equity | 19.87 | 118.29 | (0.32) | 1.87 | 1.93 | 1.84 |
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When determining whether Reliance Global Group is a strong investment it is important to analyze Reliance Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Reliance Global's future performance. For an informed investment choice regarding Reliance Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Global Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Property & Casualty Insurance 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 Reliance Global. If investors know Reliance 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 Reliance Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (78.45) | Revenue Per Share 23.34 | Quarterly Revenue Growth 0.051 | Return On Assets (0.11) | Return On Equity (1.99) |
The market value of Reliance Global Group is measured differently than its book value, which is the value of Reliance that is recorded on the company's balance sheet. Investors also form their own opinion of Reliance Global's value that differs from its market value or its book value, called intrinsic value, which is Reliance Global'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 Reliance Global's market value can be influenced by many factors that don't directly affect Reliance Global'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 Reliance Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reliance Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reliance Global'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.