Allegheny Price To Sales Ratio from 2010 to 2024
ATI Stock | USD 58.16 0.14 0.24% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 1.39557395 | Current Value 1.47 | Quarterly Volatility 0.3034409 |
Check Allegheny Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allegheny Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 144.3 M, Interest Expense of 67.3 M or Selling General Administrative of 182.7 M, as well as many indicators such as Price To Sales Ratio of 1.47, Dividend Yield of 0.0098 or PTB Ratio of 2.76. Allegheny financial statements analysis is a perfect complement when working with Allegheny Technologies Valuation or Volatility modules.
Allegheny | Price To Sales Ratio |
Latest Allegheny Technologies' Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Allegheny Technologies Incorporated over the last few years. Price to Sales Ratio is figured by comparing Allegheny Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Allegheny Technologies sales, a figure that is much harder to manipulate than other Allegheny Technologies Incorporated 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. Allegheny Technologies' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Allegheny Technologies' overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 1.95 X | 10 Years Trend |
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Price To Sales Ratio |
Timeline |
Allegheny Price To Sales Ratio Regression Statistics
Arithmetic Mean | 0.82 | |
Geometric Mean | 0.77 | |
Coefficient Of Variation | 36.95 | |
Mean Deviation | 0.23 | |
Median | 0.75 | |
Standard Deviation | 0.30 | |
Sample Variance | 0.09 | |
Range | 1.1457 | |
R-Value | 0.53 | |
Mean Square Error | 0.07 | |
R-Squared | 0.29 | |
Significance | 0.04 | |
Slope | 0.04 | |
Total Sum of Squares | 1.29 |
Allegheny Price To Sales Ratio History
About Allegheny Technologies Financial Statements
Investors use fundamental indicators, such as Allegheny Technologies' Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Allegheny Technologies' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last Reported | Projected for Next Year | ||
Price To Sales Ratio | 1.40 | 1.47 |
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When determining whether Allegheny Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Allegheny Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Allegheny Technologies Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Allegheny Technologies Incorporated Stock:Check out the analysis of Allegheny Technologies Correlation against competitors. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Metals & Mining space 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 Allegheny Technologies. If investors know Allegheny 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 Allegheny Technologies 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 (0.07) | Earnings Share 2.6 | Revenue Per Share 33.577 | Quarterly Revenue Growth 0.025 | Return On Assets 0.0557 |
The market value of Allegheny Technologies is measured differently than its book value, which is the value of Allegheny that is recorded on the company's balance sheet. Investors also form their own opinion of Allegheny Technologies' value that differs from its market value or its book value, called intrinsic value, which is Allegheny Technologies' 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 Allegheny Technologies' market value can be influenced by many factors that don't directly affect Allegheny Technologies' 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 Allegheny Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegheny Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegheny Technologies' 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.