Nexalin Price To Sales Ratio from 2010 to 2024

NXL Stock  USD 3.82  0.08  2.05%   
Nexalin Technology Price To Sales Ratio yearly trend continues to be quite stable with very little volatility. The value of Price To Sales Ratio is projected to decrease to 25.55. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Nexalin Technology'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
26.89101152
Current Value
25.55
Quarterly Volatility
27.85496785
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nexalin Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nexalin Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 K, Interest Expense of 54.4 K or Selling General Administrative of 4 M, as well as many indicators such as Price To Sales Ratio of 25.55, Dividend Yield of 0.0 or PTB Ratio of 0.98. Nexalin financial statements analysis is a perfect complement when working with Nexalin Technology Valuation or Volatility modules.
  
Check out the analysis of Nexalin Technology Correlation against competitors.
For more information on how to buy Nexalin Stock please use our How to buy in Nexalin Stock guide.

Latest Nexalin Technology's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Nexalin Technology over the last few years. Price to Sales Ratio is figured by comparing Nexalin Technology stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nexalin Technology sales, a figure that is much harder to manipulate than other Nexalin Technology 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. Nexalin Technology's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nexalin Technology's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 334.05 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Nexalin Price To Sales Ratio Regression Statistics

Arithmetic Mean68.50
Geometric Mean56.78
Coefficient Of Variation40.66
Mean Deviation20.00
Median78.98
Standard Deviation27.85
Sample Variance775.90
Range110
R-Value(0.55)
Mean Square Error584.15
R-Squared0.30
Significance0.03
Slope(3.42)
Total Sum of Squares10,863

Nexalin Price To Sales Ratio History

2024 25.55
2023 26.89
2022 4.13
2021 113.7
2020 67.43

About Nexalin Technology Financial Statements

Nexalin Technology investors utilize fundamental indicators, such as Price To Sales Ratio, to predict how Nexalin Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Sales Ratio 26.89  25.55 

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When determining whether Nexalin Technology is a strong investment it is important to analyze Nexalin Technology'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 Nexalin Technology's future performance. For an informed investment choice regarding Nexalin Stock, refer to the following important reports:
Check out the analysis of Nexalin Technology Correlation against competitors.
For more information on how to buy Nexalin Stock please use our How to buy in Nexalin Stock guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Health Care Equipment & Supplies 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 Nexalin Technology. If investors know Nexalin 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 Nexalin Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.65)
Revenue Per Share
0.02
Quarterly Revenue Growth
(0.24)
Return On Assets
(1.19)
Return On Equity
(2.02)
The market value of Nexalin Technology is measured differently than its book value, which is the value of Nexalin that is recorded on the company's balance sheet. Investors also form their own opinion of Nexalin Technology's value that differs from its market value or its book value, called intrinsic value, which is Nexalin Technology'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 Nexalin Technology's market value can be influenced by many factors that don't directly affect Nexalin Technology'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 Nexalin Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexalin Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexalin Technology'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.