Formula Price To Sales Ratio from 2010 to 2024

FORTY Stock  USD 69.07  2.33  3.26%   
Formula Systems Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio is likely to outpace its year average in 2024. Price To Sales Ratio 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. View All Fundamentals
 
Price To Sales Ratio  
First Reported
2010-12-31
Previous Quarter
0.38129374
Current Value
0.52
Quarterly Volatility
0.16130114
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Formula Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Formula Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 127.9 M, Interest Expense of 31.1 M or Total Revenue of 2.8 B, as well as many indicators such as Price To Sales Ratio of 0.52, Dividend Yield of 0.0094 or PTB Ratio of 1.06. Formula financial statements analysis is a perfect complement when working with Formula Systems Valuation or Volatility modules.
  
Check out the analysis of Formula Systems Correlation against competitors.

Latest Formula Systems' Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Formula Systems 1985 over the last few years. Price to Sales Ratio is figured by comparing Formula Systems 1985 stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Formula Systems sales, a figure that is much harder to manipulate than other Formula Systems 1985 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. Formula Systems' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Formula Systems' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.46 X10 Years Trend
Pretty Stable
   Price To Sales Ratio   
       Timeline  

Formula Price To Sales Ratio Regression Statistics

Arithmetic Mean0.50
Geometric Mean0.48
Coefficient Of Variation32.28
Mean Deviation0.12
Median0.46
Standard Deviation0.16
Sample Variance0.03
Range0.5408
R-Value0.11
Mean Square Error0.03
R-Squared0.01
Significance0.69
Slope0
Total Sum of Squares0.36

Formula Price To Sales Ratio History

2024 0.52
2023 0.38
2022 0.42
2021 0.79
2020 0.68
2019 0.61
2018 0.36

About Formula Systems Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Formula Systems income statement, its balance sheet, and the statement of cash flows. Formula Systems investors use historical funamental indicators, such as Formula Systems's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Formula Systems investors may use each financial statement separately, they are all related. The changes in Formula Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Formula Systems'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 Formula Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Formula Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.38  0.52 

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Additional Tools for Formula Stock Analysis

When running Formula Systems' price analysis, check to measure Formula Systems' 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 Formula Systems is operating at the current time. Most of Formula Systems' value examination focuses on studying past and present price action to predict the probability of Formula Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formula Systems' price. Additionally, you may evaluate how the addition of Formula Systems to your portfolios can decrease your overall portfolio volatility.