Nova Price To Sales Ratio from 2010 to 2024

NVAWW Stock   2.30  0.13  5.35%   
Nova Minerals Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio is likely to outpace its year average in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Nova Minerals' 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
1.8895367
Current Value
3.45
Quarterly Volatility
2.69624526
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nova Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova Minerals' main balance sheet or income statement drivers, such as , as well as many indicators such as Price To Sales Ratio of 3.45, Dividend Yield of 0.0118 or PTB Ratio of 1.63. Nova financial statements analysis is a perfect complement when working with Nova Minerals Valuation or Volatility modules.
  
Check out the analysis of Nova Minerals Correlation against competitors.

Latest Nova Minerals' Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Nova Minerals Limited over the last few years. Price to Sales Ratio is figured by comparing Nova Minerals Limited stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nova Minerals sales, a figure that is much harder to manipulate than other Nova Minerals Limited 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. Nova Minerals' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nova Minerals' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Nova Price To Sales Ratio Regression Statistics

Arithmetic Mean3.09
Geometric Mean2.39
Coefficient Of Variation87.26
Mean Deviation1.70
Median2.45
Standard Deviation2.70
Sample Variance7.27
Range11.3597
R-Value(0.51)
Mean Square Error5.83
R-Squared0.26
Significance0.05
Slope(0.30)
Total Sum of Squares101.78

Nova Price To Sales Ratio History

2024 3.45
2023 1.89
2022 1.62
2021 1.78
2020 0.5
2019 1.28
2018 1.4

About Nova Minerals Financial Statements

Nova Minerals investors use historical fundamental indicators, such as Nova Minerals' 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 Nova Minerals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 1.89  3.45 

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Additional Tools for Nova Stock Analysis

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