CDT Price To Sales Ratio from 2010 to 2024

CDTG Stock   2.79  0.41  12.81%   
CDT Environmental's Price To Sales Ratio is increasing over the last several years with slightly volatile swings. Price To Sales Ratio is predicted to flatten to 0.84. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing CDT Environmental'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
0.88746229
Current Value
0.84
Quarterly Volatility
2.59712445
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CDT Environmental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CDT Environmental's main balance sheet or income statement drivers, such as Tax Provision of 998.8 K, Interest Income of 23.9 K or Depreciation And Amortization of 176 K, as well as many indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 0.0 or PTB Ratio of 0.9. CDT financial statements analysis is a perfect complement when working with CDT Environmental Valuation or Volatility modules.
  
Check out the analysis of CDT Environmental Correlation against competitors.

Latest CDT Environmental's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of CDT Environmental Technology over the last few years. Price to Sales Ratio is figured by comparing CDT Environmental stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on CDT Environmental sales, a figure that is much harder to manipulate than other CDT Environmental Technology 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. CDT Environmental's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CDT Environmental's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.00 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

CDT Price To Sales Ratio Regression Statistics

Arithmetic Mean2.84
Geometric Mean2.20
Coefficient Of Variation91.38
Mean Deviation1.80
Median1.88
Standard Deviation2.60
Sample Variance6.75
Range8.8271
R-Value0.35
Mean Square Error6.39
R-Squared0.12
Significance0.21
Slope0.20
Total Sum of Squares94.43

CDT Price To Sales Ratio History

2024 0.84
2023 0.89
2022 8.24
2021 9.67
2020 4.15

About CDT Environmental Financial Statements

CDT Environmental stakeholders use historical fundamental indicators, such as CDT Environmental's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although CDT Environmental investors may analyze each financial statement separately, they are all interrelated. For example, changes in CDT Environmental's assets and liabilities are reflected in the revenues and expenses on CDT Environmental'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 CDT Environmental Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.89  0.84 

Currently Active Assets on Macroaxis

When determining whether CDT Environmental is a strong investment it is important to analyze CDT Environmental'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 CDT Environmental's future performance. For an informed investment choice regarding CDT Stock, refer to the following important reports:
Check out the analysis of CDT Environmental Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Environmental & Facilities 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 CDT Environmental. If investors know CDT 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 CDT Environmental 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
0.09
Earnings Share
0.69
Revenue Per Share
3.718
Quarterly Revenue Growth
0.173
Return On Assets
0.085
The market value of CDT Environmental is measured differently than its book value, which is the value of CDT that is recorded on the company's balance sheet. Investors also form their own opinion of CDT Environmental's value that differs from its market value or its book value, called intrinsic value, which is CDT Environmental'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 CDT Environmental's market value can be influenced by many factors that don't directly affect CDT Environmental'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 CDT Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if CDT Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CDT Environmental'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.