Global Price Sales Ratio from 2010 to 2024

GLBE Stock  USD 51.66  0.20  0.39%   
Global E's Price Sales Ratio is decreasing over the years with slightly volatile fluctuation. Price Sales Ratio is expected to dwindle to 10.60. During the period from 2010 to 2024 Global E Price Sales Ratio annual values regression line had geometric mean of  22.38 and mean square error of  442.23. View All Fundamentals
 
Price Sales Ratio  
First Reported
2010-12-31
Previous Quarter
11.15693897
Current Value
10.6
Quarterly Volatility
36.18711123
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Global E financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global E's main balance sheet or income statement drivers, such as Tax Provision of 2.1 M, Net Interest Income of 5.5 M or Depreciation And Amortization of 181.3 M, as well as many indicators such as Price To Sales Ratio of 10.6, Dividend Yield of 0.0 or PTB Ratio of 6.7. Global financial statements analysis is a perfect complement when working with Global E Valuation or Volatility modules.
  
Check out the analysis of Global E Correlation against competitors.

Latest Global E's Price Sales Ratio Growth Pattern

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

Global Price Sales Ratio Regression Statistics

Arithmetic Mean52.33
Geometric Mean22.38
Coefficient Of Variation69.15
Mean Deviation33.87
Median80.56
Standard Deviation36.19
Sample Variance1,310
Range80.5461
R-Value(0.83)
Mean Square Error442.23
R-Squared0.69
Significance0.0001
Slope(6.70)
Total Sum of Squares18,333

Global Price Sales Ratio History

2024 10.6
2023 11.16
2022 7.96
2021 26.29
2020 3.95
2019 0.0127

About Global E Financial Statements

Global E stakeholders use historical fundamental indicators, such as Global E's Price Sales Ratio, to determine how well the company is positioned to perform in the future. Although Global E investors may analyze each financial statement separately, they are all interrelated. For example, changes in Global E's assets and liabilities are reflected in the revenues and expenses on Global E'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 Global E Online. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Sales Ratio 11.16  10.60 

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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 Global E Online is a strong investment it is important to analyze Global E'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 Global E's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:
Check out the analysis of Global E Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Broadline Retail 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 Global E. If investors know Global 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 Global E listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.59)
Revenue Per Share
3.814
Quarterly Revenue Growth
0.26
Return On Assets
(0.05)
Return On Equity
(0.12)
The market value of Global E Online is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global E's value that differs from its market value or its book value, called intrinsic value, which is Global E'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 Global E's market value can be influenced by many factors that don't directly affect Global E'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 Global E's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global E is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global E'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.