Digital Price To Sales Ratio from 2010 to 2024

DGLY Stock  USD 0.84  0.02  2.44%   
Digital Ally Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio will likely drop to 0.20 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Digital Ally'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
0.20900253
Current Value
0.2
Quarterly Volatility
2.04271918
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Digital Ally financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digital Ally's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.3 M, Interest Expense of 3.3 M or Selling General Administrative of 9.7 M, as well as many indicators such as Price To Sales Ratio of 0.2, Dividend Yield of 1.07 or PTB Ratio of 0.52. Digital financial statements analysis is a perfect complement when working with Digital Ally Valuation or Volatility modules.
  
Check out the analysis of Digital Ally Correlation against competitors.
For more information on how to buy Digital Stock please use our How to Invest in Digital Ally guide.

Latest Digital Ally's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Digital Ally over the last few years. Price to Sales Ratio is figured by comparing Digital Ally stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Digital Ally sales, a figure that is much harder to manipulate than other Digital Ally 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. Digital Ally's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Digital Ally's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.17 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Digital Price To Sales Ratio Regression Statistics

Arithmetic Mean1.81
Geometric Mean1.08
Coefficient Of Variation112.90
Mean Deviation1.37
Median1.27
Standard Deviation2.04
Sample Variance4.17
Range7.605
R-Value(0.33)
Mean Square Error4.01
R-Squared0.11
Significance0.23
Slope(0.15)
Total Sum of Squares58.42

Digital Price To Sales Ratio History

2024 0.2
2023 0.21
2022 0.32
2021 2.51
2020 4.81
2019 1.12
2018 1.91

About Digital Ally Financial Statements

Digital Ally investors use historical fundamental indicators, such as Digital Ally'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 Digital Ally. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.21  0.20 

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.

Additional Tools for Digital Stock Analysis

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