Quest Price Sales Ratio from 2010 to 2024

DGX Stock  USD 163.59  0.30  0.18%   
Quest Diagnostics Price Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price Sales Ratio will likely drop to 1.13 in 2024. During the period from 2010 to 2024, Quest Diagnostics Price Sales Ratio regression line of annual values had r-squared of  0.40 and arithmetic mean of  1.45. View All Fundamentals
 
Price Sales Ratio  
First Reported
2010-12-31
Previous Quarter
1.66910506
Current Value
1.13
Quarterly Volatility
0.42958392
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quest Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quest Diagnostics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 265.1 M, Interest Expense of 99.3 M or Selling General Administrative of 1.5 B, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.0214 or PTB Ratio of 3.0. Quest financial statements analysis is a perfect complement when working with Quest Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Quest Diagnostics Correlation against competitors.

Latest Quest Diagnostics' Price Sales Ratio Growth Pattern

Below is the plot of the Price Sales Ratio of Quest Diagnostics Incorporated over the last few years. It is Quest Diagnostics' Price Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Quest Diagnostics' overall financial position and show how it may be relating to other accounts over time.
Price Sales Ratio10 Years Trend
Slightly volatile
   Price Sales Ratio   
       Timeline  

Quest Price Sales Ratio Regression Statistics

Arithmetic Mean1.45
Geometric Mean1.34
Coefficient Of Variation29.67
Mean Deviation0.33
Median1.50
Standard Deviation0.43
Sample Variance0.18
Range1.73
R-Value0.63
Mean Square Error0.12
R-Squared0.40
Significance0.01
Slope0.06
Total Sum of Squares2.58

Quest Price Sales Ratio History

2024 1.13
2023 1.67
2022 1.84
2021 2.0
2020 1.69
2019 1.85
2018 1.5

About Quest Diagnostics Financial Statements

Quest Diagnostics investors use historical fundamental indicators, such as Quest Diagnostics' Price 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 Quest Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Sales Ratio 1.67  1.13 

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Additional Tools for Quest Stock Analysis

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