Gates Price To Sales Ratio from 2010 to 2024

GTES Stock  USD 22.14  0.15  0.68%   
Gates Industrial Price To Sales Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Sales Ratio is likely to outpace its year average in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Gates Industrial'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
0.82
Current Value
0.95
Quarterly Volatility
0.57004195
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gates Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gates Industrial's main balance sheet or income statement drivers, such as Tax Provision of 20.3 M, Depreciation And Amortization of 187.5 M or Interest Expense of 135.9 M, as well as many indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.0 or PTB Ratio of 1.14. Gates financial statements analysis is a perfect complement when working with Gates Industrial Valuation or Volatility modules.
  
Check out the analysis of Gates Industrial Correlation against competitors.
For more information on how to buy Gates Stock please use our How to Invest in Gates Industrial guide.

Latest Gates Industrial's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Gates Industrial over the last few years. Price to Sales Ratio is figured by comparing Gates Industrial stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Gates Industrial sales, a figure that is much harder to manipulate than other Gates Industrial 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. Gates Industrial's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gates Industrial's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.64 X10 Years Trend
Very volatile
   Price To Sales Ratio   
       Timeline  

Gates Price To Sales Ratio Regression Statistics

Arithmetic Mean1.17
Geometric Mean0.65
Coefficient Of Variation48.59
Mean Deviation0.42
Median1.34
Standard Deviation0.57
Sample Variance0.32
Range1.907
R-Value0.03
Mean Square Error0.35
R-Squared0
Significance0.91
Slope0
Total Sum of Squares4.55

Gates Price To Sales Ratio History

2024 0.95
2023 0.82
2022 0.91
2015 1.91
2014 1.73
2013 0.006825
2012 0.006884

About Gates Industrial Financial Statements

Gates Industrial 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 Gates Industrial investors may analyze each financial statement separately, they are all interrelated. The changes in Gates Industrial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Gates Industrial'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 0.82  0.95 

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Additional Tools for Gates Stock Analysis

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