Grom Social Enterprises Stock Price To Sales

GROM Stock  USD 0.56  0.04  7.50%   
Grom Social Enterprises fundamentals help investors to digest information that contributes to Grom Social's financial success or failures. It also enables traders to predict the movement of Grom Stock. The fundamental analysis module provides a way to measure Grom Social'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 Grom Social stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.24  0.23 
As of the 23rd of May 2024, Price To Sales Ratio is likely to drop to 0.23.
  
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Grom Social Enterprises Company Price To Sales Analysis

Grom Social'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 Grom Social Price To Sales

    
  0.29 X  
Most of Grom Social'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, Grom Social Enterprises is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Grom Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Grom Social is extremely important. It helps to project a fair market value of Grom Stock properly, considering its historical fundamentals such as Price To Sales. Since Grom Social'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 Grom Social'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 Grom Social's interrelated accounts and indicators.
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Grom Price To Sales Historical Pattern

Today, most investors in Grom Social Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Grom Social's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Grom Social price to sales as a starting point in their analysis.
   Grom Social Price To Sales   
       Timeline  
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

Grom Price To Sales Ratio

Price To Sales Ratio

0.23

At this time, Grom Social's Price To Sales Ratio is very stable compared to the past year.
Based on the latest financial disclosure, Grom Social Enterprises has a Price To Sales of 0.2933 times. This is 98.91% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The price to sales for all United States stocks is 97.43% higher than that of the company.

Grom Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Grom Social'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 Grom Social could also be used in its relative valuation, which is a method of valuing Grom Social by comparing valuation metrics of similar companies.
Grom Social is currently under evaluation in price to sales category among related companies.

Grom Fundamentals

About Grom Social Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Grom Social Enterprises's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Grom Social using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Grom Social Enterprises 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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When determining whether Grom Social Enterprises is a strong investment it is important to analyze Grom Social'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 Grom Social's future performance. For an informed investment choice regarding Grom Stock, refer to the following important reports:
Check out Grom Social Piotroski F Score and Grom Social Altman Z Score analysis.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Grom Social's price analysis, check to measure Grom Social'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 Grom Social is operating at the current time. Most of Grom Social's value examination focuses on studying past and present price action to predict the probability of Grom Social's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grom Social's price. Additionally, you may evaluate how the addition of Grom Social to your portfolios can decrease your overall portfolio volatility.
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Is Grom Social'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 Grom Social. If investors know Grom 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 Grom Social listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(15.54)
Revenue Per Share
2.496
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.24)
Return On Equity
(0.89)
The market value of Grom Social Enterprises is measured differently than its book value, which is the value of Grom that is recorded on the company's balance sheet. Investors also form their own opinion of Grom Social's value that differs from its market value or its book value, called intrinsic value, which is Grom Social'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 Grom Social's market value can be influenced by many factors that don't directly affect Grom Social'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 Grom Social's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grom Social is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grom Social'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.