Sphere Price To Sales Ratio from 2010 to 2024
| SPHR Stock | 37.75 1.25 3.42% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 1.49 | Current Value 1.02 | Quarterly Volatility 0.33504012 |
Check Sphere Entertainment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sphere Entertainment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 122.8 M, Interest Expense of 140.1 M or Total Revenue of 687.6 M, as well as many indicators such as Price To Sales Ratio of 1.02, Dividend Yield of 0.12 or PTB Ratio of 0.33. Sphere financial statements analysis is a perfect complement when working with Sphere Entertainment Valuation or Volatility modules.
Sphere | Price To Sales Ratio |
Latest Sphere Entertainment's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Sphere Entertainment Co over the last few years. Price to Sales Ratio is figured by comparing Sphere Entertainment stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Sphere Entertainment sales, a figure that is much harder to manipulate than other Sphere Entertainment Co 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. Sphere Entertainment's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sphere Entertainment's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 2.03 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Sphere Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 1.31 | |
| Geometric Mean | 1.26 | |
| Coefficient Of Variation | 25.59 | |
| Mean Deviation | 0.23 | |
| Median | 1.37 | |
| Standard Deviation | 0.34 | |
| Sample Variance | 0.11 | |
| Range | 1.4625 | |
| R-Value | (0.01) | |
| Mean Square Error | 0.12 | |
| R-Squared | 0.0001 | |
| Significance | 0.97 | |
| Slope | (0.0008) | |
| Total Sum of Squares | 1.57 |
Sphere Price To Sales Ratio History
About Sphere Entertainment Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Sphere Entertainment income statement, its balance sheet, and the statement of cash flows. Sphere Entertainment investors use historical funamental indicators, such as Sphere Entertainment's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Sphere Entertainment investors may use each financial statement separately, they are all related. The changes in Sphere Entertainment's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Sphere Entertainment'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 Sphere Entertainment Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Sphere Entertainment. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 1.49 | 1.02 |
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When running Sphere Entertainment's price analysis, check to measure Sphere Entertainment'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 Sphere Entertainment is operating at the current time. Most of Sphere Entertainment's value examination focuses on studying past and present price action to predict the probability of Sphere Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere Entertainment's price. Additionally, you may evaluate how the addition of Sphere Entertainment to your portfolios can decrease your overall portfolio volatility.