JCSE Price To Sales Ratio from 2010 to 2024

JCSE Stock  USD 1.06  0.06  5.36%   
JE Cleantech's Price To Sales Ratio is decreasing over the years with slightly volatile fluctuation. Price To Sales Ratio is expected to dwindle to 0.26. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing JE Cleantech'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
0.27467805
Current Value
0.26
Quarterly Volatility
26.37604209
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check JE Cleantech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among JE Cleantech's main balance sheet or income statement drivers, such as Tax Provision of 193 K, Depreciation And Amortization of 596.6 K or Interest Expense of 405.2 K, as well as many indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0015 or PTB Ratio of 0.28. JCSE financial statements analysis is a perfect complement when working with JE Cleantech Valuation or Volatility modules.
  
Check out the analysis of JE Cleantech Correlation against competitors.

Latest JE Cleantech's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of JE Cleantech Holdings over the last few years. Price to Sales Ratio is figured by comparing JE Cleantech Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on JE Cleantech sales, a figure that is much harder to manipulate than other JE Cleantech 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. JE Cleantech's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in JE Cleantech's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.28 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

JCSE Price To Sales Ratio Regression Statistics

Arithmetic Mean51.02
Geometric Mean24.45
Coefficient Of Variation51.70
Mean Deviation20.04
Median63.16
Standard Deviation26.38
Sample Variance695.70
Range77.8361
R-Value(0.66)
Mean Square Error420.76
R-Squared0.44
Significance0.01
Slope(3.91)
Total Sum of Squares9,740

JCSE Price To Sales Ratio History

2024 0.26
2023 0.27
2022 2.24
2021 78.1
2020 52.8

About JE Cleantech Financial Statements

JE Cleantech stakeholders use historical fundamental indicators, such as JE Cleantech's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although JE Cleantech investors may analyze each financial statement separately, they are all interrelated. For example, changes in JE Cleantech's assets and liabilities are reflected in the revenues and expenses on JE Cleantech's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in JE Cleantech Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.27  0.26 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether JE Cleantech Holdings is a strong investment it is important to analyze JE Cleantech's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JE Cleantech's future performance. For an informed investment choice regarding JCSE Stock, refer to the following important reports:
Check out the analysis of JE Cleantech Correlation against competitors.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Industrial Machinery & Supplies & Components 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 JE Cleantech. If investors know JCSE 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 JE Cleantech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.143
Earnings Share
0.12
Revenue Per Share
3.987
Quarterly Revenue Growth
0.219
Return On Assets
0.0249
The market value of JE Cleantech Holdings is measured differently than its book value, which is the value of JCSE that is recorded on the company's balance sheet. Investors also form their own opinion of JE Cleantech's value that differs from its market value or its book value, called intrinsic value, which is JE Cleantech'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 JE Cleantech's market value can be influenced by many factors that don't directly affect JE Cleantech'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 JE Cleantech's value and its price as these two are different measures arrived at by different means. Investors typically determine if JE Cleantech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JE Cleantech'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.