First Price Sales Ratio from 2010 to 2024

FCF Stock  USD 19.21  0.47  2.51%   
First Commonwealth's Price Sales Ratio is increasing over the last several years with slightly volatile swings. Price Sales Ratio is estimated to finish at 4.20 this year. During the period from 2010 to 2024 First Commonwealth Financial Price Sales Ratio regressed destribution of quarterly values had coefficient of variationof  19.70 and r-value of  0.45. View All Fundamentals
 
Price Sales Ratio  
First Reported
2010-12-31
Previous Quarter
3.38182372
Current Value
4.2
Quarterly Volatility
0.68799828
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Commonwealth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Commonwealth's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.9 M, Interest Expense of 151.5 M or Selling General Administrative of 90.3 M, as well as many indicators such as Price To Sales Ratio of 4.2, Dividend Yield of 0.0404 or PTB Ratio of 1.71. First financial statements analysis is a perfect complement when working with First Commonwealth Valuation or Volatility modules.
  
Check out the analysis of First Commonwealth Correlation against competitors.

Latest First Commonwealth's Price Sales Ratio Growth Pattern

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

First Price Sales Ratio Regression Statistics

Arithmetic Mean3.49
Geometric Mean3.43
Coefficient Of Variation19.70
Mean Deviation0.53
Median3.43
Standard Deviation0.69
Sample Variance0.47
Range2.5542
R-Value0.45
Mean Square Error0.41
R-Squared0.20
Significance0.09
Slope0.07
Total Sum of Squares6.63

First Price Sales Ratio History

2024 4.2
2023 3.38
2022 3.18
2021 3.99
2020 2.94
2019 4.01

About First Commonwealth Financial Statements

First Commonwealth stakeholders use historical fundamental indicators, such as First Commonwealth's Price Sales Ratio, to determine how well the company is positioned to perform in the future. Although First Commonwealth investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Commonwealth's assets and liabilities are reflected in the revenues and expenses on First Commonwealth's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Commonwealth Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Sales Ratio 3.38  4.20 

Currently Active Assets on Macroaxis

When determining whether First Commonwealth is a strong investment it is important to analyze First Commonwealth's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Commonwealth's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out the analysis of First Commonwealth Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Regional Banks 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 First Commonwealth. If investors know First 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 First Commonwealth 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
(0.18)
Dividend Share
0.515
Earnings Share
1.48
Revenue Per Share
4.475
Quarterly Revenue Growth
(0.05)
The market value of First Commonwealth is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Commonwealth's value that differs from its market value or its book value, called intrinsic value, which is First Commonwealth's 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 First Commonwealth's market value can be influenced by many factors that don't directly affect First Commonwealth's 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 First Commonwealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Commonwealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Commonwealth's 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.