Marygold Price Sales Ratio from 2010 to 2024

MGLD Stock  USD 1.48  0.05  3.27%   
Marygold Companies' Price Sales Ratio is decreasing over the years with slightly volatile fluctuation. Price Sales Ratio is expected to dwindle to 1.69. During the period from 2010 to 2024 Marygold Companies Price Sales Ratio annual values regression line had geometric mean of  2.32 and mean square error of  366.17. View All Fundamentals
 
Price Sales Ratio  
First Reported
2010-12-31
Previous Quarter
1.78384091
Current Value
1.69
Quarterly Volatility
20.76213914
 
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Yuan Drop
 
Covid
Check Marygold Companies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Marygold Companies' main balance sheet or income statement drivers, such as Other Operating Expenses of 41 M, Total Operating Expenses of 31.9 M or Depreciation And Amortization of 555.8 K, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0 or Days Sales Outstanding of 39.8. Marygold financial statements analysis is a perfect complement when working with Marygold Companies Valuation or Volatility modules.
  
Check out the analysis of Marygold Companies Correlation against competitors.
For information on how to trade Marygold Stock refer to our How to Trade Marygold Stock guide.

Latest Marygold Companies' Price Sales Ratio Growth Pattern

Below is the plot of the Price Sales Ratio of Marygold Companies over the last few years. It is Marygold Companies' Price Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Marygold Companies' 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  

Marygold Price Sales Ratio Regression Statistics

Arithmetic Mean7.81
Geometric Mean2.32
Coefficient Of Variation265.91
Mean Deviation10.29
Median1.61
Standard Deviation20.76
Sample Variance431.07
Range81.3509
R-Value(0.46)
Mean Square Error366.17
R-Squared0.21
Significance0.08
Slope(2.13)
Total Sum of Squares6,035

Marygold Price Sales Ratio History

2024 1.69
2023 1.78
2022 1.26
2021 1.44
2020 1.93
2019 1.39
2018 1.21

About Marygold Companies Financial Statements

Marygold Companies stakeholders use historical fundamental indicators, such as Marygold Companies' Price Sales Ratio, to determine how well the company is positioned to perform in the future. Although Marygold Companies investors may analyze each financial statement separately, they are all interrelated. For example, changes in Marygold Companies' assets and liabilities are reflected in the revenues and expenses on Marygold Companies' 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 Marygold Companies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Sales Ratio 1.78  1.69 

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When determining whether Marygold Companies is a strong investment it is important to analyze Marygold Companies' 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 Marygold Companies' future performance. For an informed investment choice regarding Marygold Stock, refer to the following important reports:
Check out the analysis of Marygold Companies Correlation against competitors.
For information on how to trade Marygold Stock refer to our How to Trade Marygold Stock guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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 Marygold Companies. If investors know Marygold 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 Marygold Companies 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
(0.72)
Earnings Share
(0.13)
Revenue Per Share
0.823
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.13)
The market value of Marygold Companies is measured differently than its book value, which is the value of Marygold that is recorded on the company's balance sheet. Investors also form their own opinion of Marygold Companies' value that differs from its market value or its book value, called intrinsic value, which is Marygold Companies' 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 Marygold Companies' market value can be influenced by many factors that don't directly affect Marygold Companies' 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 Marygold Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Marygold Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marygold Companies' 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.