Novonix Price Sales Ratio from 2010 to 2024

NVX Stock  USD 1.98  0.71  26.39%   
Novonix Price Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price Sales Ratio will likely drop to 28.82 in 2024. During the period from 2010 to 2024, Novonix Price Sales Ratio regression line of annual values had r-squared of  0.79 and arithmetic mean of  2,523. View All Fundamentals
 
Price Sales Ratio  
First Reported
2010-12-31
Previous Quarter
30.34004538
Current Value
28.82
Quarterly Volatility
2.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Novonix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novonix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5 M, Interest Expense of 3 M or Selling General Administrative of 16.1 M, as well as many indicators such as Price To Sales Ratio of 28.82, Dividend Yield of 0.0167 or PTB Ratio of 1.4. Novonix financial statements analysis is a perfect complement when working with Novonix Valuation or Volatility modules.
  
Check out the analysis of Novonix Correlation against competitors.

Latest Novonix's Price Sales Ratio Growth Pattern

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

Novonix Price Sales Ratio Regression Statistics

Arithmetic Mean2,523
Geometric Mean581.62
Coefficient Of Variation109.01
Mean Deviation2,580
Median197.24
Standard Deviation2,750
Sample Variance7.6M
Range5.6K
R-Value(0.89)
Mean Square Error1.7M
R-Squared0.79
Slope(546.76)
Total Sum of Squares105.9M

Novonix Price Sales Ratio History

2024 28.82
2023 30.34
2022 131.98
2021 173.56
2020 197.24
2019 95.0
2018 82.78

About Novonix Financial Statements

Novonix investors use historical fundamental indicators, such as Novonix's Price 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 Novonix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Sales Ratio 30.34  28.82 

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Additional Tools for Novonix Stock Analysis

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