Chart Price To Sales Ratio from 2010 to 2024
| GTLS Stock | USD 149.44 7.59 4.83% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 1.7067174 | Current Value 1.18 | Quarterly Volatility 0.9924189 |
Check Chart Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chart Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 242.7 M, Interest Expense of 303.6 M or Total Revenue of 3.5 B, as well as many indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 0.0041 or PTB Ratio of 3.36. Chart financial statements analysis is a perfect complement when working with Chart Industries Valuation or Volatility modules.
Chart | Price To Sales Ratio |
Latest Chart Industries' Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Chart Industries over the last few years. Price to Sales Ratio is figured by comparing Chart Industries stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Chart Industries sales, a figure that is much harder to manipulate than other Chart Industries 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. Chart Industries' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chart Industries' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.94 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Chart Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 1.92 | |
| Geometric Mean | 1.69 | |
| Coefficient Of Variation | 51.77 | |
| Mean Deviation | 0.71 | |
| Median | 1.76 | |
| Standard Deviation | 0.99 | |
| Sample Variance | 0.98 | |
| Range | 3.7838 | |
| R-Value | 0.31 | |
| Mean Square Error | 0.96 | |
| R-Squared | 0.1 | |
| Significance | 0.26 | |
| Slope | 0.07 | |
| Total Sum of Squares | 13.79 |
Chart Price To Sales Ratio History
About Chart Industries Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Chart Industries income statement, its balance sheet, and the statement of cash flows. Chart Industries investors use historical funamental indicators, such as Chart Industries's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Chart Industries investors may use each financial statement separately, they are all related. The changes in Chart Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Chart Industries'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 Chart Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Chart Industries. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 1.71 | 1.18 |
Pair Trading with Chart Industries
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 Chart Industries 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 Chart Industries will appreciate offsetting losses from the drop in the long position's value.Moving against Chart Stock
The ability to find closely correlated positions to Chart Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chart Industries 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 Chart Industries - 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 Chart Industries to buy it.
The correlation of Chart Industries 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 Chart Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chart Industries 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 Chart Industries 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.Additional Tools for Chart Stock Analysis
When running Chart Industries' price analysis, check to measure Chart Industries' 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 Chart Industries is operating at the current time. Most of Chart Industries' value examination focuses on studying past and present price action to predict the probability of Chart Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chart Industries' price. Additionally, you may evaluate how the addition of Chart Industries to your portfolios can decrease your overall portfolio volatility.