DigitalOcean Price To Sales Ratio from 2010 to 2024
| DOCN Stock | USD 39.60 0.73 1.88% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 4.77319911 | Current Value 4.53 | Quarterly Volatility 5.67768454 |
Check DigitalOcean Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DigitalOcean Holdings' main balance sheet or income statement drivers, such as Tax Provision of 7.7 M, Net Interest Income of 15.6 M or Depreciation And Amortization of 91.5 M, as well as many indicators such as Price To Sales Ratio of 4.53, Dividend Yield of 0.0 or Days Sales Outstanding of 25.6. DigitalOcean financial statements analysis is a perfect complement when working with DigitalOcean Holdings Valuation or Volatility modules.
DigitalOcean | Price To Sales Ratio |
Latest DigitalOcean Holdings' Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of DigitalOcean Holdings over the last few years. Price to Sales Ratio is figured by comparing DigitalOcean Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on DigitalOcean Holdings sales, a figure that is much harder to manipulate than other DigitalOcean Holdings 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. DigitalOcean Holdings' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DigitalOcean Holdings' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 4.83 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
DigitalOcean Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 15.30 | |
| Geometric Mean | 13.65 | |
| Coefficient Of Variation | 37.10 | |
| Mean Deviation | 4.45 | |
| Median | 18.23 | |
| Standard Deviation | 5.68 | |
| Sample Variance | 32.24 | |
| Range | 15.6401 | |
| R-Value | (0.71) | |
| Mean Square Error | 17.28 | |
| R-Squared | 0.50 | |
| Significance | 0 | |
| Slope | (0.90) | |
| Total Sum of Squares | 451.31 |
DigitalOcean Price To Sales Ratio History
About DigitalOcean Holdings Financial Statements
DigitalOcean Holdings investors utilize fundamental indicators, such as Price To Sales Ratio, to predict how DigitalOcean Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 4.77 | 4.53 |
Check out the analysis of DigitalOcean Holdings Correlation against competitors. To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Internet Services & Infrastructure 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 DigitalOcean Holdings. If investors know DigitalOcean 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 DigitalOcean Holdings 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 0.65 | Earnings Share 0.86 | Revenue Per Share 8.348 | Quarterly Revenue Growth 0.121 | Return On Assets 0.0438 |
The market value of DigitalOcean Holdings is measured differently than its book value, which is the value of DigitalOcean that is recorded on the company's balance sheet. Investors also form their own opinion of DigitalOcean Holdings' value that differs from its market value or its book value, called intrinsic value, which is DigitalOcean Holdings' 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 DigitalOcean Holdings' market value can be influenced by many factors that don't directly affect DigitalOcean Holdings' 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 DigitalOcean Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DigitalOcean Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DigitalOcean Holdings' 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.