ChampionX Price To Sales Ratio from 2010 to 2024
CHX Stock | USD 32.62 0.42 1.30% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 1.52398885 | Current Value 2.35 | Quarterly Volatility 0.75249637 |
Check ChampionX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ChampionX main balance sheet or income statement drivers, such as Tax Provision of 94.9 M, Depreciation And Amortization of 185.5 M or Interest Expense of 33.2 M, as well as many exotic indicators such as Price To Sales Ratio of 2.35, Dividend Yield of 0.0175 or PTB Ratio of 1.85. ChampionX financial statements analysis is a perfect complement when working with ChampionX Valuation or Volatility modules.
ChampionX | Price To Sales Ratio |
Latest ChampionX's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of ChampionX over the last few years. Price to Sales Ratio is figured by comparing ChampionX stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on ChampionX sales, a figure that is much harder to manipulate than other ChampionX 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. ChampionX's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ChampionX's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 1.89 X | 10 Years Trend |
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Price To Sales Ratio |
Timeline |
ChampionX Price To Sales Ratio Regression Statistics
Arithmetic Mean | 2.35 | |
Geometric Mean | 2.23 | |
Coefficient Of Variation | 31.96 | |
Mean Deviation | 0.60 | |
Median | 2.75 | |
Standard Deviation | 0.75 | |
Sample Variance | 0.57 | |
Range | 2.7422 | |
R-Value | (0.63) | |
Mean Square Error | 0.37 | |
R-Squared | 0.39 | |
Significance | 0.01 | |
Slope | (0.11) | |
Total Sum of Squares | 7.93 |
ChampionX Price To Sales Ratio History
About ChampionX Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include ChampionX income statement, its balance sheet, and the statement of cash flows. ChampionX investors use historical funamental indicators, such as ChampionX's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although ChampionX investors may use each financial statement separately, they are all related. The changes in ChampionX's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ChampionX'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 ChampionX Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ChampionX. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Price To Sales Ratio | 1.52 | 2.35 |
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 ChampionX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ChampionX'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 Championx Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Championx Stock:Check out the analysis of ChampionX Correlation against competitors. For more information on how to buy ChampionX Stock please use our How to Invest in ChampionX guide.Note that the ChampionX information on this page should be used as a complementary analysis to other ChampionX's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for ChampionX Stock analysis
When running ChampionX's price analysis, check to measure ChampionX'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 ChampionX is operating at the current time. Most of ChampionX's value examination focuses on studying past and present price action to predict the probability of ChampionX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChampionX's price. Additionally, you may evaluate how the addition of ChampionX to your portfolios can decrease your overall portfolio volatility.
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Is ChampionX'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 ChampionX. If investors know ChampionX 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 ChampionX 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 0.871 | Dividend Share 0.35 | Earnings Share 1.84 | Revenue Per Share 19.216 | Quarterly Revenue Growth (0.03) |
The market value of ChampionX is measured differently than its book value, which is the value of ChampionX that is recorded on the company's balance sheet. Investors also form their own opinion of ChampionX's value that differs from its market value or its book value, called intrinsic value, which is ChampionX'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 ChampionX's market value can be influenced by many factors that don't directly affect ChampionX'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 ChampionX's value and its price as these two are different measures arrived at by different means. Investors typically determine if ChampionX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ChampionX'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.