Toronto Price To Sales Ratio from 2010 to 2024

TD Stock  USD 59.38  0.27  0.46%   
Toronto Dominion's Price To Sales Ratio is decreasing over the years with stable fluctuation. Overall, Price To Sales Ratio is expected to go to 2.46 this year. 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
2.4
Current Value
2.46
Quarterly Volatility
0.55223432
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Toronto Dominion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Toronto main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 61.3 B or Selling General Administrative of 23.5 B, as well as many exotic indicators such as Price To Sales Ratio of 2.46, Dividend Yield of 0.0253 or PTB Ratio of 1.94. Toronto financial statements analysis is a perfect complement when working with Toronto Dominion Valuation or Volatility modules.
  
This module can also supplement Toronto Dominion's financial leverage analysis and stock options assessment as well as various Toronto Dominion Technical models . Check out the analysis of Toronto Dominion Correlation against competitors.

Latest Toronto Dominion's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Toronto Dominion Bank over the last few years. Price to Sales Ratio is figured by comparing Toronto Dominion Bank stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Toronto Dominion sales, a figure that is much harder to manipulate than other Toronto Dominion Bank 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. Toronto Dominion's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Toronto Dominion's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.01 X10 Years Trend
Pretty Stable
   Price To Sales Ratio   
       Timeline  

Toronto Price To Sales Ratio Regression Statistics

Arithmetic Mean3.09
Geometric Mean3.04
Coefficient Of Variation17.85
Mean Deviation0.46
Median3.26
Standard Deviation0.55
Sample Variance0.30
Range1.8518
R-Value(0.14)
Mean Square Error0.32
R-Squared0.02
Significance0.62
Slope(0.02)
Total Sum of Squares4.27

Toronto Price To Sales Ratio History

2023 2.4
2022 2.66
2020 3.89
2019 2.46
2018 3.36
2017 3.46
2016 3.8

About Toronto Dominion Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Toronto Dominion income statement, its balance sheet, and the statement of cash flows. Toronto Dominion investors use historical funamental indicators, such as Toronto Dominion's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Toronto Dominion investors may use each financial statement separately, they are all related. The changes in Toronto Dominion's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Toronto Dominion'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 Toronto Dominion Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Toronto Dominion. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 2.40  2.46 

Currently Active Assets on Macroaxis

When determining whether Toronto Dominion Bank is a strong investment it is important to analyze Toronto Dominion'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 Toronto Dominion's future performance. For an informed investment choice regarding Toronto Stock, refer to the following important reports:
Check out the analysis of Toronto Dominion Correlation against competitors.
Note that the Toronto Dominion Bank information on this page should be used as a complementary analysis to other Toronto Dominion'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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running Toronto Dominion's price analysis, check to measure Toronto Dominion'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 Toronto Dominion is operating at the current time. Most of Toronto Dominion's value examination focuses on studying past and present price action to predict the probability of Toronto Dominion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toronto Dominion's price. Additionally, you may evaluate how the addition of Toronto Dominion to your portfolios can decrease your overall portfolio volatility.
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Is Toronto Dominion'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 Toronto Dominion. If investors know Toronto 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 Toronto Dominion 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
0.888
Dividend Share
3.9
Earnings Share
4.62
Revenue Per Share
27.824
Quarterly Revenue Growth
0.104
The market value of Toronto Dominion Bank is measured differently than its book value, which is the value of Toronto that is recorded on the company's balance sheet. Investors also form their own opinion of Toronto Dominion's value that differs from its market value or its book value, called intrinsic value, which is Toronto Dominion'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 Toronto Dominion's market value can be influenced by many factors that don't directly affect Toronto Dominion'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 Toronto Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toronto Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toronto Dominion'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.