Astra Space Stock Price To Sales

ASTR Stock  USD 0.63  0.01  1.56%   
Astra Space fundamentals help investors to digest information that contributes to Astra Space's financial success or failures. It also enables traders to predict the movement of Astra Stock. The fundamental analysis module provides a way to measure Astra Space's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Astra Space stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 11.31  12.99 
As of 06/06/2024, Price To Sales Ratio is likely to grow to 12.99.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Astra Space Company Price To Sales Analysis

Astra Space's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Astra Space Price To Sales

    
  3.52 X  
Most of Astra Space's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Astra Space is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Astra Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Astra Space is extremely important. It helps to project a fair market value of Astra Stock properly, considering its historical fundamentals such as Price To Sales. Since Astra Space's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Astra Space's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Astra Space's interrelated accounts and indicators.
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Click cells to compare fundamentals
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition

Based on the latest financial disclosure, Astra Space has a Price To Sales of 3.5231 times. This is 87.3% lower than that of the Machinery sector and 35.47% lower than that of the Industrials industry. The price to sales for all United States stocks is 69.15% higher than that of the company.

Astra Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Astra Space's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Astra Space could also be used in its relative valuation, which is a method of valuing Astra Space by comparing valuation metrics of similar companies.
Astra Space is currently under evaluation in price to sales category among its peers.

Astra Fundamentals

About Astra Space Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Astra Space's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Astra Space using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Astra Space based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Astra Stock Analysis

When running Astra Space's price analysis, check to measure Astra Space'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 Astra Space is operating at the current time. Most of Astra Space's value examination focuses on studying past and present price action to predict the probability of Astra Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astra Space's price. Additionally, you may evaluate how the addition of Astra Space to your portfolios can decrease your overall portfolio volatility.