Above Price To Sales from 2010 to 2024

ABVE Stock   0.67  0.02  2.90%   
Above Food's Price To Sales Ratio is decreasing over the years with slightly volatile fluctuation. Price To Sales Ratio is expected to dwindle to 0.28.
Check Above Food financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Above Food's main balance sheet or income statement drivers, such as Other Operating Expenses of 431 M, Total Operating Expenses of 38 M or Tax Provision of 0.0, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0 or PTB Ratio of 8.8 K. Above financial statements analysis is a perfect complement when working with Above Food Valuation or Volatility modules.
  
Check out the analysis of Above Food Correlation against competitors.

Latest Above Food's Price To Sales Growth Pattern

Below is the plot of the Price To Sales Ratio of Above Food Ingredients over the last few years. Price to Sales Ratio is figured by comparing Above Food Ingredients stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Above Food sales, a figure that is much harder to manipulate than other Above Food Ingredients 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. Above Food's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Above Food's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.05 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Above Price To Sales Regression Statistics

Arithmetic Mean1.33
Geometric Mean1.19
Coefficient Of Variation35.02
Mean Deviation0.35
Median1.55
Standard Deviation0.47
Sample Variance0.22
Range1.2744
R-Value(0.69)
Mean Square Error0.12
R-Squared0.48
Significance0
Slope(0.07)
Total Sum of Squares3.06

Above Price To Sales History

2024 0.28
2023 0.3
2022 0.79

About Above Food Financial Statements

Above Food stakeholders use historical fundamental indicators, such as Above Food's Price To Sales, to determine how well the company is positioned to perform in the future. Although Above Food investors may analyze each financial statement separately, they are all interrelated. For example, changes in Above Food's assets and liabilities are reflected in the revenues and expenses on Above Food's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Above Food Ingredients. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.30  0.28 

Also Currently Popular

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 Above Food Ingredients is a strong investment it is important to analyze Above Food'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 Above Food's future performance. For an informed investment choice regarding Above Stock, refer to the following important reports:
Check out the analysis of Above Food Correlation against competitors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Agricultural Products & Services 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 Above Food. If investors know Above 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 Above Food listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.52)
Revenue Per Share
4.753
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.16)
The market value of Above Food Ingredients is measured differently than its book value, which is the value of Above that is recorded on the company's balance sheet. Investors also form their own opinion of Above Food's value that differs from its market value or its book value, called intrinsic value, which is Above Food'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 Above Food's market value can be influenced by many factors that don't directly affect Above Food'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 Above Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Above Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Above Food'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.