Hesai Price Sales Ratio from 2010 to 2024

HSAI Stock   8.18  0.83  11.29%   
Hesai Group's Price Sales Ratio is decreasing with slightly volatile movements from year to year. Price Sales Ratio is predicted to flatten to 3.99. For the period between 2010 and 2024, Hesai Group, Price Sales Ratio quarterly trend regression had mean deviation of  15.71 and range of 48.8602. View All Fundamentals
 
Price Sales Ratio  
First Reported
2010-12-31
Previous Quarter
4.20401839
Current Value
3.99
Quarterly Volatility
19.10445558
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hesai Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hesai Group's main balance sheet or income statement drivers, such as Tax Provision of 690.9 K, Net Interest Income of 50.2 M or Interest Income of 50.9 M, as well as many indicators such as Price To Sales Ratio of 3.99, Dividend Yield of 0.0024 or PTB Ratio of 2.15. Hesai financial statements analysis is a perfect complement when working with Hesai Group Valuation or Volatility modules.
  
Check out the analysis of Hesai Group Correlation against competitors.

Latest Hesai Group's Price Sales Ratio Growth Pattern

Below is the plot of the Price Sales Ratio of Hesai Group American over the last few years. It is Hesai Group's Price Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hesai Group's overall financial position and show how it may be relating to other accounts over time.
Price Sales Ratio10 Years Trend
Slightly volatile
   Price Sales Ratio   
       Timeline  

Hesai Price Sales Ratio Regression Statistics

Arithmetic Mean41.11
Geometric Mean32.21
Coefficient Of Variation46.47
Mean Deviation15.71
Median52.85
Standard Deviation19.10
Sample Variance364.98
Range48.8602
R-Value(0.81)
Mean Square Error132.06
R-Squared0.66
Significance0.0002
Slope(3.48)
Total Sum of Squares5,110

Hesai Price Sales Ratio History

2024 3.99
2023 4.2
2022 15.15
2021 23.29
2020 41.5

About Hesai Group Financial Statements

Investors use fundamental indicators, such as Hesai Group's Price Sales Ratio, to determine how well the company is positioned to perform in the future. Although Hesai Group's 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 Sales Ratio 4.20  3.99 

Currently Active Assets on Macroaxis

When determining whether Hesai Group American offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hesai Group's 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 Hesai Group American Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hesai Group American Stock:
Check out the analysis of Hesai Group Correlation against competitors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Automotive Parts & Equipment 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 Hesai Group. If investors know Hesai 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 Hesai Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.42)
Revenue Per Share
14.349
Quarterly Revenue Growth
0.042
Return On Assets
(0.06)
Return On Equity
(0.12)
The market value of Hesai Group American is measured differently than its book value, which is the value of Hesai that is recorded on the company's balance sheet. Investors also form their own opinion of Hesai Group's value that differs from its market value or its book value, called intrinsic value, which is Hesai Group's 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 Hesai Group's market value can be influenced by many factors that don't directly affect Hesai Group's 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 Hesai Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hesai Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hesai Group's 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.