Precision Price To Sales Ratio from 2010 to 2024
| PDS Stock | USD 66.13 0.99 1.52% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 0.54945657 | Current Value 0.52 | Quarterly Volatility 3.54879895 |
Check Precision Drilling financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Precision Drilling's main balance sheet or income statement drivers, such as Depreciation And Amortization of 233.5 M, Interest Expense of 118 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 0.52, Dividend Yield of 0.0685 or PTB Ratio of 0.64. Precision financial statements analysis is a perfect complement when working with Precision Drilling Valuation or Volatility modules.
Precision | Price To Sales Ratio |
Latest Precision Drilling's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Precision Drilling over the last few years. Price to Sales Ratio is figured by comparing Precision Drilling stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Precision Drilling sales, a figure that is much harder to manipulate than other Precision Drilling 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. Precision Drilling's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Precision Drilling's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.47 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Precision Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 1.81 | |
| Geometric Mean | 0.94 | |
| Coefficient Of Variation | 195.96 | |
| Mean Deviation | 1.75 | |
| Median | 0.88 | |
| Standard Deviation | 3.55 | |
| Sample Variance | 12.59 | |
| Range | 14.1965 | |
| R-Value | (0.51) | |
| Mean Square Error | 10.08 | |
| R-Squared | 0.26 | |
| Significance | 0.05 | |
| Slope | (0.40) | |
| Total Sum of Squares | 176.32 |
Precision Price To Sales Ratio History
About Precision Drilling Financial Statements
Precision Drilling 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 Precision Drilling investors may analyze each financial statement separately, they are all interrelated. The changes in Precision Drilling's assets and liabilities, for example, are also reflected in the revenues and expenses on on Precision Drilling's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 0.55 | 0.52 |
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Additional Tools for Precision Stock Analysis
When running Precision Drilling's price analysis, check to measure Precision Drilling'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 Precision Drilling is operating at the current time. Most of Precision Drilling's value examination focuses on studying past and present price action to predict the probability of Precision Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precision Drilling's price. Additionally, you may evaluate how the addition of Precision Drilling to your portfolios can decrease your overall portfolio volatility.