Camtek Price To Sales Ratio from 2010 to 2024
| CAMT Stock | USD 105.85 0.86 0.82% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 9.83914546 | Current Value 10.33 | Quarterly Volatility 3.30892669 |
Check Camtek financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Camtek main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.1 M, Interest Expense of 1.1 M or Selling General Administrative of 10.6 M, as well as many exotic indicators such as Price To Sales Ratio of 10.33, Dividend Yield of 0.0224 or PTB Ratio of 3.45. Camtek financial statements analysis is a perfect complement when working with Camtek Valuation or Volatility modules.
Camtek | Price To Sales Ratio |
Latest Camtek's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Camtek over the last few years. Price to Sales Ratio is figured by comparing Camtek stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Camtek sales, a figure that is much harder to manipulate than other Camtek multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is 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. Camtek's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Camtek's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 11.24 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Camtek Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 3.50 | |
| Geometric Mean | 2.24 | |
| Coefficient Of Variation | 94.64 | |
| Mean Deviation | 2.60 | |
| Median | 2.18 | |
| Standard Deviation | 3.31 | |
| Sample Variance | 10.95 | |
| Range | 9.846 | |
| R-Value | 0.76 | |
| Mean Square Error | 4.98 | |
| R-Squared | 0.58 | |
| Significance | 0 | |
| Slope | 0.56 | |
| Total Sum of Squares | 153.29 |
Camtek Price To Sales Ratio History
About Camtek Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Camtek income statement, its balance sheet, and the statement of cash flows. Camtek investors use historical funamental indicators, such as Camtek's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Camtek investors may use each financial statement separately, they are all related. The changes in Camtek's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Camtek's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Camtek Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Camtek. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 9.84 | 10.33 |
Pair Trading with Camtek
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Camtek position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Camtek will appreciate offsetting losses from the drop in the long position's value.Moving together with Camtek Stock
| 0.8 | FSLR | First Solar Trending | PairCorr |
| 0.9 | TER | Teradyne | PairCorr |
Moving against Camtek Stock
| 0.66 | SEDG | SolarEdge Technologies | PairCorr |
| 0.53 | INTC | Intel Financial Report 25th of July 2024 | PairCorr |
The ability to find closely correlated positions to Camtek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Camtek when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Camtek - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Camtek to buy it.
The correlation of Camtek is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Camtek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Camtek moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Camtek can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Camtek Correlation against competitors. For more information on how to buy Camtek Stock please use our How to Invest in Camtek guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Camtek Stock analysis
When running Camtek's price analysis, check to measure Camtek'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 Camtek is operating at the current time. Most of Camtek's value examination focuses on studying past and present price action to predict the probability of Camtek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Camtek's price. Additionally, you may evaluate how the addition of Camtek to your portfolios can decrease your overall portfolio volatility.
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Is Camtek's industry 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 Camtek. If investors know Camtek 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 Camtek 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 0.417 | Earnings Share 1.81 | Revenue Per Share 7.577 | Quarterly Revenue Growth 0.339 | Return On Assets 0.0604 |
The market value of Camtek is measured differently than its book value, which is the value of Camtek that is recorded on the company's balance sheet. Investors also form their own opinion of Camtek's value that differs from its market value or its book value, called intrinsic value, which is Camtek'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 Camtek's market value can be influenced by many factors that don't directly affect Camtek'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 Camtek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Camtek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Camtek'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.