Granite Price To Sales Ratio from 2010 to 2024

GPMT Stock  USD 3.52  0.05  1.44%   
Granite Point Price To Sales Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Sales Ratio will likely drop to 1.09 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Granite Point'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
1.15107533
Current Value
1.09
Quarterly Volatility
43.93656068
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Granite Point financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Granite Point's main balance sheet or income statement drivers, such as Tax Provision of 116.2 K, Interest Expense of 98.9 M or Selling General Administrative of 20.6 M, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.2 or PTB Ratio of 0.34. Granite financial statements analysis is a perfect complement when working with Granite Point Valuation or Volatility modules.
  
Check out the analysis of Granite Point Correlation against competitors.

Latest Granite Point's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Granite Point Mortgage over the last few years. Price to Sales Ratio is figured by comparing Granite Point Mortgage stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Granite Point sales, a figure that is much harder to manipulate than other Granite Point Mortgage 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. Granite Point's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Granite Point's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 8.76 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Granite Price To Sales Ratio Regression Statistics

Arithmetic Mean41.73
Geometric Mean16.53
Coefficient Of Variation105.29
Mean Deviation41.43
Median10.36
Standard Deviation43.94
Sample Variance1,930
Range92.4286
R-Value(0.89)
Mean Square Error449.39
R-Squared0.78
Significance0.000011
Slope(8.70)
Total Sum of Squares27,026

Granite Price To Sales Ratio History

2024 1.09
2023 1.15
2022 3.63
2021 7.3
2020 5.25
2019 9.13
2018 10.24

About Granite Point Financial Statements

Granite Point shareholders use historical fundamental indicators, such as Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Granite Point investors may analyze each financial statement separately, they are all interrelated. The changes in Granite Point's assets and liabilities, for example, are also reflected in the revenues and expenses on on Granite Point's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Sales Ratio 1.15  1.09 

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Additional Tools for Granite Stock Analysis

When running Granite Point's price analysis, check to measure Granite Point'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 Granite Point is operating at the current time. Most of Granite Point's value examination focuses on studying past and present price action to predict the probability of Granite Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Point's price. Additionally, you may evaluate how the addition of Granite Point to your portfolios can decrease your overall portfolio volatility.