Drilling Price To Sales from 2010 to 2024

DTI Stock   3.51  0.03  0.85%   
Drilling Tools' Price To Sales Ratio is decreasing with slightly volatile movements from year to year. Price To Sales Ratio is predicted to flatten to 0.43.
Check Drilling Tools financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Drilling Tools' main balance sheet or income statement drivers, such as Tax Provision of 3.1 M, Depreciation And Amortization of 16.5 M or Interest Expense of 749.1 K, as well as many indicators such as Price To Sales Ratio of 0.43, Dividend Yield of 0.0 or PTB Ratio of 0.73. Drilling financial statements analysis is a perfect complement when working with Drilling Tools Valuation or Volatility modules.
  
Check out the analysis of Drilling Tools Correlation against competitors.

Latest Drilling Tools' Price To Sales Growth Pattern

Below is the plot of the Price To Sales Ratio of Drilling Tools International over the last few years. Price to Sales Ratio is figured by comparing Drilling Tools Inter stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Drilling Tools sales, a figure that is much harder to manipulate than other Drilling Tools International 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. Drilling Tools' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Drilling Tools' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.82 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Drilling Price To Sales Regression Statistics

Arithmetic Mean2.93
Geometric Mean2.52
Coefficient Of Variation36.32
Mean Deviation0.77
Median3.42
Standard Deviation1.07
Sample Variance1.14
Range2.988
R-Value(0.68)
Mean Square Error0.66
R-Squared0.46
Significance0.01
Slope(0.16)
Total Sum of Squares15.91

Drilling Price To Sales History

2024 0.43
2023 0.45
2022 2.12

About Drilling Tools Financial Statements

Investors use fundamental indicators, such as Drilling Tools' Price To Sales, to determine how well the company is positioned to perform in the future. Although Drilling Tools' 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 To Sales Ratio 0.45  0.43 

Currently Active Assets on Macroaxis

When determining whether Drilling Tools Inter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Drilling Tools' 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 Drilling Tools International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Drilling Tools International Stock:
Check out the analysis of Drilling Tools Correlation against competitors.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Oil & Gas Equipment & Services 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 Drilling Tools. If investors know Drilling 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 Drilling Tools 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
(0.81)
Earnings Share
0.24
Revenue Per Share
4.889
Quarterly Revenue Growth
0.051
Return On Assets
0.0576
The market value of Drilling Tools Inter is measured differently than its book value, which is the value of Drilling that is recorded on the company's balance sheet. Investors also form their own opinion of Drilling Tools' value that differs from its market value or its book value, called intrinsic value, which is Drilling Tools' 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 Drilling Tools' market value can be influenced by many factors that don't directly affect Drilling Tools' 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 Drilling Tools' value and its price as these two are different measures arrived at by different means. Investors typically determine if Drilling Tools is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Drilling Tools' 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.