Celanese Price Sales Ratio from 2010 to 2024
CE Stock | USD 73.21 0.30 0.41% |
Price Sales Ratio | First Reported 2010-12-31 | Previous Quarter 1.54587415 | Current Value 0.98 | Quarterly Volatility 0.67821562 |
Check Celanese financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Celanese's main balance sheet or income statement drivers, such as Depreciation And Amortization of 776 M, Interest Expense of 756 M or Selling General Administrative of 607.5 M, as well as many indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0171 or PTB Ratio of 3.15. Celanese financial statements analysis is a perfect complement when working with Celanese Valuation or Volatility modules.
Celanese | Price Sales Ratio |
Latest Celanese's Price Sales Ratio Growth Pattern
Below is the plot of the Price Sales Ratio of Celanese over the last few years. It is Celanese's Price Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Celanese's overall financial position and show how it may be relating to other accounts over time.
Price Sales Ratio | 10 Years Trend |
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Price Sales Ratio |
Timeline |
Celanese Price Sales Ratio Regression Statistics
Arithmetic Mean | 1.60 | |
Geometric Mean | 1.41 | |
Coefficient Of Variation | 42.32 | |
Mean Deviation | 0.55 | |
Median | 1.55 | |
Standard Deviation | 0.68 | |
Sample Variance | 0.46 | |
Range | 2.4973 | |
R-Value | 0.40 | |
Mean Square Error | 0.42 | |
R-Squared | 0.16 | |
Significance | 0.14 | |
Slope | 0.06 | |
Total Sum of Squares | 6.44 |
Celanese Price Sales Ratio History
About Celanese Financial Statements
Celanese stakeholders use historical fundamental indicators, such as Celanese's Price Sales Ratio, to determine how well the company is positioned to perform in the future. Although Celanese investors may analyze each financial statement separately, they are all interrelated. For example, changes in Celanese's assets and liabilities are reflected in the revenues and expenses on Celanese'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 Celanese. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Price Sales Ratio | 1.55 | 0.98 |
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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.Check out the analysis of Celanese Correlation against competitors. For information on how to trade Celanese Stock refer to our How to Trade Celanese Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Specialty Chemicals 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 Celanese. If investors know Celanese 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 Celanese 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 (0.88) | Dividend Share 2.8 | Earnings Share 10.04 | Revenue Per Share 95.989 | Quarterly Revenue Growth (0.03) |
The market value of Celanese is measured differently than its book value, which is the value of Celanese that is recorded on the company's balance sheet. Investors also form their own opinion of Celanese's value that differs from its market value or its book value, called intrinsic value, which is Celanese'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 Celanese's market value can be influenced by many factors that don't directly affect Celanese'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 Celanese's value and its price as these two are different measures arrived at by different means. Investors typically determine if Celanese is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Celanese'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.