Piedmont Price To Sales from 2010 to 2024

PLL Stock  USD 13.06  0.57  4.18%   
Piedmont Lithium Price To Sales Ratio yearly trend continues to be quite stable with very little volatility. Price To Sales Ratio may rise above 69.59 this year.
Check Piedmont Lithium financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Piedmont main balance sheet or income statement drivers, such as Depreciation And Amortization of 36.4 M, Interest Expense of 37 K or Total Revenue of 34 M, as well as many exotic indicators such as Price To Sales Ratio of 69.59, Dividend Yield of 0.0313 or PTB Ratio of 2.44. Piedmont financial statements analysis is a perfect complement when working with Piedmont Lithium Valuation or Volatility modules.
  
This module can also supplement Piedmont Lithium's financial leverage analysis and stock options assessment as well as various Piedmont Lithium Technical models . Check out the analysis of Piedmont Lithium Correlation against competitors.

Latest Piedmont Lithium's Price To Sales Growth Pattern

Below is the plot of the Price To Sales Ratio of Piedmont Lithium Ltd over the last few years. Price to Sales Ratio is figured by comparing Piedmont Lithium stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Piedmont Lithium sales, a figure that is much harder to manipulate than other Piedmont Lithium Ltd 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. Piedmont Lithium's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Piedmont Lithium's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 6.17 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Piedmont Price To Sales Regression Statistics

Arithmetic Mean67.98
Geometric Mean47.92
Coefficient Of Variation27.78
Mean Deviation9.27
Median73.64
Standard Deviation18.88
Sample Variance356.62
Range73.5036
R-Value0.37
Mean Square Error330.38
R-Squared0.14
Significance0.17
Slope1.58
Total Sum of Squares4,993

Piedmont Price To Sales History

2024 69.59
2023 66.28
2011 73.64
2010 0.14

About Piedmont Lithium Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Piedmont Lithium income statement, its balance sheet, and the statement of cash flows. Piedmont Lithium investors use historical funamental indicators, such as Piedmont Lithium's Price To Sales, to determine how well the company is positioned to perform in the future. Although Piedmont Lithium investors may use each financial statement separately, they are all related. The changes in Piedmont Lithium's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Piedmont Lithium'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 Piedmont Lithium Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Piedmont Lithium. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 66.28  69.59 

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When determining whether Piedmont Lithium is a strong investment it is important to analyze Piedmont Lithium's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Piedmont Lithium's future performance. For an informed investment choice regarding Piedmont Stock, refer to the following important reports:
Check out the analysis of Piedmont Lithium Correlation against competitors.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Piedmont Lithium's price analysis, check to measure Piedmont Lithium'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 Piedmont Lithium is operating at the current time. Most of Piedmont Lithium's value examination focuses on studying past and present price action to predict the probability of Piedmont Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Piedmont Lithium's price. Additionally, you may evaluate how the addition of Piedmont Lithium to your portfolios can decrease your overall portfolio volatility.
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Is Piedmont Lithium'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 Piedmont Lithium. If investors know Piedmont 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 Piedmont Lithium 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
0.293
Earnings Share
(1.89)
Revenue Per Share
0.028
Return On Assets
(0.07)
Return On Equity
(0.11)
The market value of Piedmont Lithium is measured differently than its book value, which is the value of Piedmont that is recorded on the company's balance sheet. Investors also form their own opinion of Piedmont Lithium's value that differs from its market value or its book value, called intrinsic value, which is Piedmont Lithium'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 Piedmont Lithium's market value can be influenced by many factors that don't directly affect Piedmont Lithium'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 Piedmont Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Piedmont Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Piedmont Lithium'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.