HEES Price To Sales Ratio from 2010 to 2024

HEES Stock  USD 58.76  2.08  3.67%   
HE Equipment Price To Sales Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Sales Ratio will likely drop to 0.66 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing HE Equipment'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
1.28555093
Current Value
0.66
Quarterly Volatility
0.33792678
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check HE Equipment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HE Equipment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 428.4 M, Interest Expense of 43.2 M or Selling General Administrative of 216.8 M, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.0201 or PTB Ratio of 3.71. HEES financial statements analysis is a perfect complement when working with HE Equipment Valuation or Volatility modules.
  
Check out the analysis of HE Equipment Correlation against competitors.

Latest HE Equipment's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of HE Equipment Services over the last few years. Price to Sales Ratio is figured by comparing HE Equipment Services stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on HE Equipment sales, a figure that is much harder to manipulate than other HE Equipment Services 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. HE Equipment's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in HE Equipment's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.42 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

HEES Price To Sales Ratio Regression Statistics

Arithmetic Mean0.95
Geometric Mean0.89
Coefficient Of Variation35.59
Mean Deviation0.28
Median0.91
Standard Deviation0.34
Sample Variance0.11
Range1.0898
R-Value0.32
Mean Square Error0.11
R-Squared0.10
Significance0.24
Slope0.02
Total Sum of Squares1.60

HEES Price To Sales Ratio History

2024 0.66
2023 1.29
2022 1.31
2021 1.51
2020 0.92
2019 0.89

About HE Equipment Financial Statements

HE Equipment 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 HE Equipment investors may analyze each financial statement separately, they are all interrelated. The changes in HE Equipment's assets and liabilities, for example, are also reflected in the revenues and expenses on on HE Equipment'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 1.29  0.66 

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Additional Tools for HEES Stock Analysis

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