Nextracker Price To Sales Ratio from 2010 to 2024

NXT Stock   40.40  1.55  3.99%   
Nextracker Price To Sales Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Sales Ratio will likely drop to 1.34 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Nextracker'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
1.73259072
Current Value
1.34
Quarterly Volatility
0.37403728
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nextracker financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nextracker's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.1 M, Selling General Administrative of 192.7 M or Selling And Marketing Expenses of 28.4 M, as well as many indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.22 or PTB Ratio of 4.73. Nextracker financial statements analysis is a perfect complement when working with Nextracker Valuation or Volatility modules.
  
Check out the analysis of Nextracker Correlation against competitors.

Latest Nextracker's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Nextracker Class A over the last few years. Price to Sales Ratio is figured by comparing Nextracker Class A stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nextracker sales, a figure that is much harder to manipulate than other Nextracker Class A 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. Nextracker's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nextracker's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.04 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Nextracker Price To Sales Ratio Regression Statistics

Arithmetic Mean1.53
Geometric Mean1.47
Coefficient Of Variation24.52
Mean Deviation0.33
Median1.78
Standard Deviation0.37
Sample Variance0.14
Range0.9017
R-Value(0.64)
Mean Square Error0.09
R-Squared0.41
Significance0.01
Slope(0.05)
Total Sum of Squares1.96

Nextracker Price To Sales Ratio History

2024 1.34
2023 1.73
2022 0.87
2021 0.96
2020 0.98
2019 1.0

About Nextracker Financial Statements

Nextracker shareholders use historical fundamental indicators, such as Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Nextracker investors may analyze each financial statement separately, they are all interrelated. The changes in Nextracker's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nextracker's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Sales Ratio 1.73  1.34 

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Additional Tools for Nextracker Stock Analysis

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