Noble Price To Sales Ratio from 2010 to 2024
| NE Stock | USD 45.29 1.22 2.77% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 2.57409597 | Current Value 2.45 | Quarterly Volatility 2.04707503 |
Check Noble Plc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Noble main balance sheet or income statement drivers, such as Depreciation And Amortization of 289.1 M, Interest Expense of 57 M or Total Revenue of 1.5 B, as well as many exotic indicators such as Price To Sales Ratio of 2.45, Dividend Yield of 0.0162 or PTB Ratio of 1.78. Noble financial statements analysis is a perfect complement when working with Noble Plc Valuation or Volatility modules.
Noble | Price To Sales Ratio |
Latest Noble Plc's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Noble plc over the last few years. Price to Sales Ratio is figured by comparing Noble plc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Noble Plc sales, a figure that is much harder to manipulate than other Noble plc 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. Noble Plc's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Noble Plc's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 2.83 X | 10 Years Trend |
|
Price To Sales Ratio |
| Timeline |
Noble Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 3.38 | |
| Geometric Mean | 2.91 | |
| Coefficient Of Variation | 60.54 | |
| Mean Deviation | 1.72 | |
| Median | 2.45 | |
| Standard Deviation | 2.05 | |
| Sample Variance | 4.19 | |
| Range | 6.6097 | |
| R-Value | (0.09) | |
| Mean Square Error | 4.47 | |
| R-Squared | 0.01 | |
| Significance | 0.74 | |
| Slope | (0.04) | |
| Total Sum of Squares | 58.67 |
Noble Price To Sales Ratio History
About Noble Plc Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Noble Plc income statement, its balance sheet, and the statement of cash flows. Noble Plc investors use historical funamental indicators, such as Noble Plc's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Noble Plc investors may use each financial statement separately, they are all related. The changes in Noble Plc's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Noble Plc'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 Noble Plc Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Noble Plc. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 2.57 | 2.45 |
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Try AI Portfolio ArchitectCheck out the analysis of Noble Plc Correlation against competitors. For information on how to trade Noble Stock refer to our How to Trade Noble Stock guide.Note that the Noble plc information on this page should be used as a complementary analysis to other Noble Plc'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Noble Stock analysis
When running Noble Plc's price analysis, check to measure Noble Plc'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 Noble Plc is operating at the current time. Most of Noble Plc's value examination focuses on studying past and present price action to predict the probability of Noble Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noble Plc's price. Additionally, you may evaluate how the addition of Noble Plc to your portfolios can decrease your overall portfolio volatility.
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Is Noble Plc'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 Noble Plc. If investors know Noble 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 Noble Plc 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 0.123 | Dividend Share 0.7 | Earnings Share 3.32 | Revenue Per Share 17.79 | Quarterly Revenue Growth 0.04 |
The market value of Noble plc is measured differently than its book value, which is the value of Noble that is recorded on the company's balance sheet. Investors also form their own opinion of Noble Plc's value that differs from its market value or its book value, called intrinsic value, which is Noble Plc'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 Noble Plc's market value can be influenced by many factors that don't directly affect Noble Plc'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 Noble Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Noble Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noble Plc'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.