Westlake Price To Sales Ratio from 2010 to 2024
| WLKP Stock | USD 22.05 0.33 1.47% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 0.64042049 | Current Value 0.46 | Quarterly Volatility 0.17484973 |
Check Westlake Chemical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Westlake main balance sheet or income statement drivers, such as Depreciation And Amortization of 104.1 M, Interest Expense of 15 M or Total Revenue of 1.2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0827 or PTB Ratio of 1.53. Westlake financial statements analysis is a perfect complement when working with Westlake Chemical Valuation or Volatility modules.
Westlake | Price To Sales Ratio |
Latest Westlake Chemical's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Westlake Chemical Partners over the last few years. Price to Sales Ratio is figured by comparing Westlake Chemical stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Westlake Chemical sales, a figure that is much harder to manipulate than other Westlake Chemical Partners 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. Westlake Chemical's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Westlake Chemical's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.65 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Westlake Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 0.56 | |
| Geometric Mean | 0.53 | |
| Coefficient Of Variation | 31.39 | |
| Mean Deviation | 0.14 | |
| Median | 0.59 | |
| Standard Deviation | 0.17 | |
| Sample Variance | 0.03 | |
| Range | 0.5211 | |
| R-Value | 0.62 | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.39 | |
| Significance | 0.01 | |
| Slope | 0.02 | |
| Total Sum of Squares | 0.43 |
Westlake Price To Sales Ratio History
About Westlake Chemical Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Westlake Chemical income statement, its balance sheet, and the statement of cash flows. Westlake Chemical investors use historical funamental indicators, such as Westlake Chemical's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Westlake Chemical investors may use each financial statement separately, they are all related. The changes in Westlake Chemical's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Westlake Chemical'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 Westlake Chemical Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Westlake Chemical. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 0.64 | 0.46 |
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 Westlake Chemical 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, Westlake Chemical's short interest history, or implied volatility extrapolated from Westlake Chemical options trading.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Westlake Chemical is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Westlake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Westlake Chemical Partners Stock. Highlighted below are key reports to facilitate an investment decision about Westlake Chemical Partners Stock:Check out the analysis of Westlake Chemical Correlation against competitors. To learn how to invest in Westlake Stock, please use our How to Invest in Westlake Chemical guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Westlake Stock analysis
When running Westlake Chemical's price analysis, check to measure Westlake Chemical'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 Westlake Chemical is operating at the current time. Most of Westlake Chemical's value examination focuses on studying past and present price action to predict the probability of Westlake Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westlake Chemical's price. Additionally, you may evaluate how the addition of Westlake Chemical to your portfolios can decrease your overall portfolio volatility.
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Is Westlake Chemical'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 Westlake Chemical. If investors know Westlake 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 Westlake Chemical 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 (0.01) | Dividend Share 1.886 | Earnings Share 1.54 | Revenue Per Share 33.186 | Quarterly Revenue Growth (0.07) |
The market value of Westlake Chemical is measured differently than its book value, which is the value of Westlake that is recorded on the company's balance sheet. Investors also form their own opinion of Westlake Chemical's value that differs from its market value or its book value, called intrinsic value, which is Westlake Chemical'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 Westlake Chemical's market value can be influenced by many factors that don't directly affect Westlake Chemical'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 Westlake Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westlake Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westlake Chemical'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.