Highway Price To Sales Ratio from 2010 to 2024

HIHO Stock  USD 2.07  0.02  0.98%   
Highway Holdings Price To Sales Ratio yearly trend continues to be very stable with very little volatility. Price To Sales Ratio is likely to drop to 0.43. 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
0.73
Current Value
0.43
Quarterly Volatility
0.32572071
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Highway Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Highway main balance sheet or income statement drivers, such as Depreciation And Amortization of 613.9 K, Interest Expense of 243.9 K or Total Revenue of 17.3 M, as well as many exotic indicators such as Price To Sales Ratio of 0.43, Dividend Yield of 0.12 or PTB Ratio of 0.72. Highway financial statements analysis is a perfect complement when working with Highway Holdings Valuation or Volatility modules.
  
This module can also supplement various Highway Holdings Technical models . Check out the analysis of Highway Holdings Correlation against competitors.

Latest Highway Holdings' Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Highway Holdings Limited over the last few years. Price to Sales Ratio is figured by comparing Highway Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Highway Holdings sales, a figure that is much harder to manipulate than other Highway Holdings Limited 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. Highway Holdings' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Highway Holdings' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.14 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Highway Price To Sales Ratio Regression Statistics

Arithmetic Mean0.72
Geometric Mean0.66
Coefficient Of Variation45.10
Mean Deviation0.22
Median0.73
Standard Deviation0.33
Sample Variance0.11
Range1.3388
R-Value0.40
Mean Square Error0.1
R-Squared0.16
Significance0.14
Slope0.03
Total Sum of Squares1.49

Highway Price To Sales Ratio History

2024 0.43
2023 0.73
2022 0.81
2021 0.92
2020 1.63
2019 0.63
2018 0.88

About Highway Holdings Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Highway Holdings income statement, its balance sheet, and the statement of cash flows. Highway Holdings investors use historical funamental indicators, such as Highway Holdings's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Highway Holdings investors may use each financial statement separately, they are all related. The changes in Highway Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Highway Holdings'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 Highway Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Highway Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.73  0.43 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Highway Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Highway Holdings' short interest history, or implied volatility extrapolated from Highway Holdings options trading.

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When determining whether Highway Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Highway Holdings' 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 Highway Holdings Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Highway Holdings Limited Stock:
Check out the analysis of Highway Holdings Correlation against competitors.
Note that the Highway Holdings information on this page should be used as a complementary analysis to other Highway Holdings' 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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Is Highway Holdings' 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 Highway Holdings. If investors know Highway 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 Highway Holdings 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
5.885
Dividend Share
0.2
Earnings Share
(0.23)
Revenue Per Share
1.987
Quarterly Revenue Growth
0.603
The market value of Highway Holdings is measured differently than its book value, which is the value of Highway that is recorded on the company's balance sheet. Investors also form their own opinion of Highway Holdings' value that differs from its market value or its book value, called intrinsic value, which is Highway Holdings' 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 Highway Holdings' market value can be influenced by many factors that don't directly affect Highway Holdings' 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 Highway Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Highway Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highway Holdings' 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.