Innovative Price To Sales Ratio from 2010 to 2024

LUCY Stock  USD 6.56  0.16  2.38%   
Innovative Eyewear Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio will likely drop to 3.66 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Innovative Eyewear'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
3.8506142
Current Value
3.66
Quarterly Volatility
1.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Innovative Eyewear financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innovative Eyewear's main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.3 K, Interest Expense of 2.9 K or Selling General Administrative of 4.1 M, as well as many indicators such as Price To Sales Ratio of 3.66, Dividend Yield of 0.0 or PTB Ratio of 0.76. Innovative financial statements analysis is a perfect complement when working with Innovative Eyewear Valuation or Volatility modules.
  
Check out the analysis of Innovative Eyewear Correlation against competitors.
For more information on how to buy Innovative Stock please use our How to Invest in Innovative Eyewear guide.

Latest Innovative Eyewear's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Innovative Eyewear over the last few years. Price to Sales Ratio is figured by comparing Innovative Eyewear stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Innovative Eyewear sales, a figure that is much harder to manipulate than other Innovative Eyewear 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. Innovative Eyewear's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Innovative Eyewear's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 10.51 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Innovative Price To Sales Ratio Regression Statistics

Arithmetic Mean1,645
Geometric Mean484.06
Coefficient Of Variation70.01
Mean Deviation1,047
Median2,430
Standard Deviation1,152
Sample Variance1.3M
Range2.4K
R-Value(0.83)
Mean Square Error454,290
R-Squared0.68
Significance0.0001
Slope(212.63)
Total Sum of Squares18.6M

Innovative Price To Sales Ratio History

2024 3.66
2023 3.85
2022 13.56
2021 44.73
2020 305.91

About Innovative Eyewear Financial Statements

Innovative Eyewear investors use historical fundamental indicators, such as Innovative Eyewear's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Innovative Eyewear. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 3.85  3.66 

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Additional Tools for Innovative Stock Analysis

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