Highest Price To Sales Ratio from 2010 to 2024

HPH Stock   0.34  0.01  3.03%   
Highest Performances' Price To Sales Ratio is decreasing with slightly volatile movements from year to year. Price To Sales Ratio is predicted to flatten to -3.35. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Highest Performances' 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
(3.19)
Current Value
(3.35)
Quarterly Volatility
6.14798816
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Highest Performances financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Highest Performances' main balance sheet or income statement drivers, such as Interest Expense of 0.0, Tax Provision of 10.4 M or Net Interest Income of 7.6 M, as well as many indicators such as Days Sales Outstanding of 478, Book Value Per Share of 3.3 or Free Cash Flow Yield of 0.41. Highest financial statements analysis is a perfect complement when working with Highest Performances Valuation or Volatility modules.
  
Check out the analysis of Highest Performances Correlation against competitors.

Latest Highest Performances' Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Highest Performances Holdings over the last few years. Price to Sales Ratio is figured by comparing Highest Performances stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Highest Performances sales, a figure that is much harder to manipulate than other Highest Performances Holdings 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. Highest Performances' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Highest Performances' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.57 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Highest Price To Sales Ratio Regression Statistics

Arithmetic Mean(1.94)
Geometric Mean3.04
Coefficient Of Variation(317.00)
Mean Deviation4.72
Median1.66
Standard Deviation6.15
Sample Variance37.80
Range21.1568
R-Value(0.57)
Mean Square Error27.63
R-Squared0.32
Significance0.03
Slope(0.78)
Total Sum of Squares529.17

Highest Price To Sales Ratio History

2024 -3.35
2023 -3.19
2022 -2.77
2021 -17.48
2020 -8.42
2019 -11.83
2018 3.67

About Highest Performances Financial Statements

Investors use fundamental indicators, such as Highest Performances' Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Highest Performances' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Price To Sales Ratio(3.19)(3.35)

Currently Active Assets on Macroaxis

When determining whether Highest Performances offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Highest Performances' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Highest Performances Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Highest Performances Holdings Stock:
Check out the analysis of Highest Performances Correlation against competitors.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Asset Management & Custody Banks 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 Highest Performances. If investors know Highest 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 Highest Performances listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.10)
Revenue Per Share
1.32
Quarterly Revenue Growth
(0.48)
Return On Assets
(0.01)
Return On Equity
(0.03)
The market value of Highest Performances is measured differently than its book value, which is the value of Highest that is recorded on the company's balance sheet. Investors also form their own opinion of Highest Performances' value that differs from its market value or its book value, called intrinsic value, which is Highest Performances' 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 Highest Performances' market value can be influenced by many factors that don't directly affect Highest Performances' 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 Highest Performances' value and its price as these two are different measures arrived at by different means. Investors typically determine if Highest Performances is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highest Performances' 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.