SuRo Book Value Per Share vs Price To Sales Ratio Analysis
| SSSSL Stock | USD 24.55 0.10 0.41% |
SuRo Capital financial indicator trend analysis is much more than just breaking down SuRo Capital Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SuRo Capital Corp is a good investment. Please check the relationship between SuRo Capital Book Value Per Share and its Price To Sales Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SuRo Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Book Value Per Share vs Price To Sales Ratio
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 SuRo Capital Corp Book Value Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between SuRo Capital's Book Value Per Share and Price To Sales Ratio is 0.18. Overlapping area represents the amount of variation of 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 SuRo Capital Corp, assuming nothing else is changed. The correlation between historical values of SuRo Capital's 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 Book Value Per Share of SuRo Capital Corp 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 Book Value Per Share i.e., SuRo Capital's Book Value Per Share and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.18 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
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.Price To Sales Ratio
Price to Sales Ratio is figured by comparing SuRo Capital Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on SuRo Capital sales, a figure that is much harder to manipulate than other SuRo Capital Corp 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.Building efficient market-beating portfolios requires time, education, and a lot of computing power!
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Is Trading 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 SuRo Capital. If investors know SuRo 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 SuRo Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SuRo Capital Corp is measured differently than its book value, which is the value of SuRo that is recorded on the company's balance sheet. Investors also form their own opinion of SuRo Capital's value that differs from its market value or its book value, called intrinsic value, which is SuRo Capital'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 SuRo Capital's market value can be influenced by many factors that don't directly affect SuRo Capital'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 SuRo Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if SuRo Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SuRo Capital'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.