Canoo Price To Sales Ratio from 2010 to 2024

GOEV Stock  USD 0.42  0.03  6.67%   
Canoo Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio will likely drop to 182.87 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Canoo's market cap by its total sales or revenue over a 12-month period. View All Fundamentals
 
Price To Sales Ratio  
First Reported
2010-12-31
Previous Quarter
192.5
Current Value
182.87
Quarterly Volatility
177.26797269
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Canoo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canoo's main balance sheet or income statement drivers, such as Interest Expense of 7 M, Tax Provision of 0.0 or Depreciation And Amortization of 11.2 M, as well as many indicators such as Price To Sales Ratio of 183, Dividend Yield of 0.0 or PTB Ratio of 0.56. Canoo financial statements analysis is a perfect complement when working with Canoo Valuation or Volatility modules.
  
Check out the analysis of Canoo Correlation against competitors.

Latest Canoo's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Canoo Inc over the last few years. Price to Sales Ratio is figured by comparing Canoo Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Canoo sales, a figure that is much harder to manipulate than other Canoo Inc 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. Canoo's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canoo's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 21.87 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Canoo Price To Sales Ratio Regression Statistics

Arithmetic Mean520.23
Geometric Mean474.79
Coefficient Of Variation34.07
Mean Deviation135.72
Median597.34
Standard Deviation177.27
Sample Variance31,424
Range523
R-Value(0.64)
Mean Square Error19,955
R-Squared0.41
Significance0.01
Slope(25.39)
Total Sum of Squares439,935

Canoo Price To Sales Ratio History

2024 182.87
2023 192.5
2022 167.39
2021 689.98

About Canoo Financial Statements

Canoo investors use historical fundamental indicators, such as Canoo's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Canoo. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 192.50  182.87 

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Additional Tools for Canoo Stock Analysis

When running Canoo's price analysis, check to measure Canoo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canoo is operating at the current time. Most of Canoo's value examination focuses on studying past and present price action to predict the probability of Canoo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canoo's price. Additionally, you may evaluate how the addition of Canoo to your portfolios can decrease your overall portfolio volatility.