Able Price To Sales Ratio from 2010 to 2024

ABLV Stock   0.90  0.02  2.27%   
Able View Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio will likely drop to 0.70 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Able View'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
0.73833402
Current Value
0.7
Quarterly Volatility
0.99597243
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Able View financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Able View's main balance sheet or income statement drivers, such as Tax Provision of 1.6 M, Depreciation And Amortization of 924.4 K or Interest Expense of 702.8 K, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 5.0E-4 or PTB Ratio of 9.16. Able financial statements analysis is a perfect complement when working with Able View Valuation or Volatility modules.
  
Check out the analysis of Able View Correlation against competitors.

Latest Able View's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Able View Global over the last few years. Price to Sales Ratio is figured by comparing Able View Global stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Able View sales, a figure that is much harder to manipulate than other Able View Global 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. Able View's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Able View's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.25 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Able Price To Sales Ratio Regression Statistics

Arithmetic Mean2.71
Geometric Mean2.43
Coefficient Of Variation36.81
Mean Deviation0.83
Median3.27
Standard Deviation1.00
Sample Variance0.99
Range2.5686
R-Value(0.78)
Mean Square Error0.43
R-Squared0.60
Significance0.0007
Slope(0.17)
Total Sum of Squares13.89

Able Price To Sales Ratio History

2024 0.7
2023 0.74
2022 1.43
2021 1.77

About Able View Financial Statements

Able View investors use historical fundamental indicators, such as Able View's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Able View. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.74  0.70 

Thematic Opportunities

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Additional Tools for Able Stock Analysis

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