AvidXchange Price To Sales Ratio from 2010 to 2024

AVDX Stock  USD 11.46  0.13  1.12%   
AvidXchange Holdings Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio will likely drop to 6.24 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing AvidXchange Holdings' 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
6.57015187
Current Value
6.24
Quarterly Volatility
11.35751955
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AvidXchange Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AvidXchange Holdings' main balance sheet or income statement drivers, such as Interest Expense of 11.2 M, Tax Provision of 475.6 K or Net Interest Income of 3.7 M, as well as many indicators such as Price To Sales Ratio of 6.24, Dividend Yield of 0.0 or PTB Ratio of 3.62. AvidXchange financial statements analysis is a perfect complement when working with AvidXchange Holdings Valuation or Volatility modules.
  
Check out the analysis of AvidXchange Holdings Correlation against competitors.
For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.

Latest AvidXchange Holdings' Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of AvidXchange Holdings over the last few years. Price to Sales Ratio is figured by comparing AvidXchange Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on AvidXchange Holdings sales, a figure that is much harder to manipulate than other AvidXchange Holdings 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. AvidXchange Holdings' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AvidXchange Holdings' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 5.58 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

AvidXchange Price To Sales Ratio Regression Statistics

Arithmetic Mean25.63
Geometric Mean21.71
Coefficient Of Variation44.32
Mean Deviation9.54
Median32.71
Standard Deviation11.36
Sample Variance128.99
Range26.4916
R-Value(0.81)
Mean Square Error47.46
R-Squared0.66
Significance0.0002
Slope(2.06)
Total Sum of Squares1,806

AvidXchange Price To Sales Ratio History

2024 6.24
2023 6.57
2022 6.22
2021 11.93
2020 26.32

About AvidXchange Holdings Financial Statements

AvidXchange Holdings investors use historical fundamental indicators, such as AvidXchange Holdings' 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 AvidXchange Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 6.57  6.24 

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Additional Tools for AvidXchange Stock Analysis

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