First Price To Sales Ratio from 2010 to 2024
| FRME Stock | USD 44.97 0.92 2.09% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 3.36081495 | Current Value 2.73 | Quarterly Volatility 1.19752454 |
Check First Merchants financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Merchants' main balance sheet or income statement drivers, such as Interest Expense of 365.9 M, Other Operating Expenses of 773.8 M or Operating Income of 272.2 M, as well as many indicators such as Price To Sales Ratio of 2.73, Dividend Yield of 0.0353 or PTB Ratio of 1.46. First financial statements analysis is a perfect complement when working with First Merchants Valuation or Volatility modules.
First | Price To Sales Ratio |
Latest First Merchants' Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of First Merchants over the last few years. Price to Sales Ratio is figured by comparing First Merchants stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on First Merchants sales, a figure that is much harder to manipulate than other First Merchants 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. First Merchants' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Merchants' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 4.45 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
First Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 3.57 | |
| Geometric Mean | 3.34 | |
| Coefficient Of Variation | 33.58 | |
| Mean Deviation | 0.93 | |
| Median | 3.69 | |
| Standard Deviation | 1.20 | |
| Sample Variance | 1.43 | |
| Range | 4.2826 | |
| R-Value | 0.44 | |
| Mean Square Error | 1.24 | |
| R-Squared | 0.20 | |
| Significance | 0.1 | |
| Slope | 0.12 | |
| Total Sum of Squares | 20.08 |
First Price To Sales Ratio History
About First Merchants Financial Statements
First Merchants stakeholders use historical fundamental indicators, such as First Merchants' Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although First Merchants investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Merchants' assets and liabilities are reflected in the revenues and expenses on First Merchants' 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 Merchants. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 3.36 | 2.73 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether First Merchants is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Merchants Stock. Highlighted below are key reports to facilitate an investment decision about First Merchants Stock:Check out the analysis of First Merchants Correlation against competitors. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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 Merchants. 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 Merchants 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 (0.11) | Dividend Share 1.38 | Earnings Share 3.01 | Revenue Per Share 10.11 | Quarterly Revenue Growth (0.05) |
The market value of First Merchants 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 Merchants' value that differs from its market value or its book value, called intrinsic value, which is First Merchants' 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 Merchants' market value can be influenced by many factors that don't directly affect First Merchants' 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 Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Merchants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Merchants' 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.