Shapeways Price To Sales Ratio vs Ptb Ratio Analysis
SHPW Stock | USD 0.0002 0.00 0.00% |
Shapeways Holdings, financial indicator trend analysis is much more than just breaking down Shapeways Holdings, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shapeways Holdings, is a good investment. Please check the relationship between Shapeways Holdings, Price To Sales Ratio and its Ptb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shapeways Holdings, 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 american community survey.
Price To Sales Ratio vs Ptb Ratio
Price To Sales Ratio vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shapeways Holdings, Price To Sales Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Shapeways Holdings,'s Price To Sales Ratio and Ptb Ratio is 0.02. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Shapeways Holdings, Common, assuming nothing else is changed. The correlation between historical values of Shapeways Holdings,'s Price To Sales Ratio and Ptb 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 Price To Sales Ratio of Shapeways Holdings, Common are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Price To Sales Ratio i.e., Shapeways Holdings,'s Price To Sales Ratio and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Shapeways Holdings, stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Shapeways Holdings, sales, a figure that is much harder to manipulate than other Shapeways Holdings, 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.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.Most indicators from Shapeways Holdings,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shapeways Holdings, 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shapeways Holdings, 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 american community survey. At this time, Shapeways Holdings,'s Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 268.6 K in 2024, whereas Selling General Administrative is likely to drop slightly above 20.7 M in 2024.
2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 3.8M | 1.9M | 1.8M | Interest Income | 149K | 1.0M | 1.1M |
Shapeways Holdings, fundamental ratios Correlations
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Shapeways Holdings, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Shapeways Holdings,'s price analysis, check to measure Shapeways Holdings,'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 Shapeways Holdings, is operating at the current time. Most of Shapeways Holdings,'s value examination focuses on studying past and present price action to predict the probability of Shapeways Holdings,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shapeways Holdings,'s price. Additionally, you may evaluate how the addition of Shapeways Holdings, to your portfolios can decrease your overall portfolio volatility.