Great Price To Sales Ratio from 2010 to 2024
| GLDD Stock | USD 12.33 0.01 0.08% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 0.86577386 | Current Value 0.51 | Quarterly Volatility 0.35683042 |
Check Great Lakes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Great Lakes' main balance sheet or income statement drivers, such as Interest Expense of 14.8 M, Selling General Administrative of 53.8 M or Total Revenue of 652.8 M, as well as many indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.0335 or PTB Ratio of 1.26. Great financial statements analysis is a perfect complement when working with Great Lakes Valuation or Volatility modules.
Great | Price To Sales Ratio |
Latest Great Lakes' Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Great Lakes Dredge over the last few years. Price to Sales Ratio is figured by comparing Great Lakes Dredge stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Great Lakes sales, a figure that is much harder to manipulate than other Great Lakes Dredge 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. Great Lakes' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Great Lakes' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.12 X | 10 Years Trend |
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Price To Sales Ratio |
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Great Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 0.67 | |
| Geometric Mean | 0.42 | |
| Coefficient Of Variation | 53.53 | |
| Mean Deviation | 0.26 | |
| Median | 0.64 | |
| Standard Deviation | 0.36 | |
| Sample Variance | 0.13 | |
| Range | 1.4188 | |
| R-Value | 0.49 | |
| Mean Square Error | 0.10 | |
| R-Squared | 0.24 | |
| Significance | 0.07 | |
| Slope | 0.04 | |
| Total Sum of Squares | 1.78 |
Great Price To Sales Ratio History
About Great Lakes Financial Statements
Great Lakes stakeholders use historical fundamental indicators, such as Great Lakes' Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Great Lakes investors may analyze each financial statement separately, they are all interrelated. For example, changes in Great Lakes' assets and liabilities are reflected in the revenues and expenses on Great Lakes' 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 Great Lakes Dredge. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 0.87 | 0.51 |
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 Great Lakes Dredge is a strong investment it is important to analyze Great Lakes' 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 Great Lakes' future performance. For an informed investment choice regarding Great Stock, refer to the following important reports:Check out the analysis of Great Lakes Correlation against competitors. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Construction & Engineering 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 Great Lakes. If investors know Great 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 Great Lakes 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 3.219 | Earnings Share 0.88 | Revenue Per Share 11.083 | Quarterly Revenue Growth 0.631 | Return On Assets 0.0481 |
The market value of Great Lakes Dredge is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Lakes' value that differs from its market value or its book value, called intrinsic value, which is Great Lakes' 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 Great Lakes' market value can be influenced by many factors that don't directly affect Great Lakes' 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 Great Lakes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Lakes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Lakes' 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.