Denali Price Sales Ratio from 2010 to 2024

DNLI Stock  USD 25.16  0.48  1.94%   
Denali Therapeutics' Price Sales Ratio is increasing with slightly volatile movements from year to year. Price Sales Ratio is predicted to flatten to 8.47. For the period between 2010 and 2024, Denali Therapeutics, Price Sales Ratio quarterly trend regression had mean deviation of  17.44 and range of 103. View All Fundamentals
 
Price Sales Ratio  
First Reported
2010-12-31
Previous Quarter
8.91891971
Current Value
8.47
Quarterly Volatility
27.2285155
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Denali Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Denali Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.6 M, Interest Expense of 8.6 M or Selling General Administrative of 54.3 M, as well as many indicators such as Price To Sales Ratio of 8.47, Dividend Yield of 0.0 or PTB Ratio of 2.17. Denali financial statements analysis is a perfect complement when working with Denali Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Denali Therapeutics Correlation against competitors.
For more detail on how to invest in Denali Stock please use our How to Invest in Denali Therapeutics guide.

Latest Denali Therapeutics' Price Sales Ratio Growth Pattern

Below is the plot of the Price Sales Ratio of Denali Therapeutics over the last few years. It is Denali Therapeutics' Price Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Denali Therapeutics' 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  

Denali Price Sales Ratio Regression Statistics

Arithmetic Mean25.59
Geometric Mean19.05
Coefficient Of Variation106.38
Mean Deviation17.44
Median14.82
Standard Deviation27.23
Sample Variance741.39
Range103
R-Value0.31
Mean Square Error722.50
R-Squared0.1
Significance0.26
Slope1.88
Total Sum of Squares10,379

Denali Price Sales Ratio History

2024 8.47
2023 8.92
2022 32.19
2021 111.38
2020 27.19
2019 62.43

About Denali Therapeutics Financial Statements

Investors use fundamental indicators, such as Denali Therapeutics' Price Sales Ratio, to determine how well the company is positioned to perform in the future. Although Denali Therapeutics' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Price Sales Ratio 8.92  8.47 

Currently Active Assets on Macroaxis

When determining whether Denali Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Denali Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Denali Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Denali Therapeutics Stock:
Check out the analysis of Denali Therapeutics Correlation against competitors.
For more detail on how to invest in Denali Stock please use our How to Invest in Denali Therapeutics guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Biotechnology 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 Denali Therapeutics. If investors know Denali 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 Denali Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.76)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.24)
Return On Equity
(0.35)
The market value of Denali Therapeutics is measured differently than its book value, which is the value of Denali that is recorded on the company's balance sheet. Investors also form their own opinion of Denali Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Denali Therapeutics' 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 Denali Therapeutics' market value can be influenced by many factors that don't directly affect Denali Therapeutics' 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 Denali Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Denali Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Denali Therapeutics' 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.