Primega Price To Sales Ratio from 2010 to 2024

PGHL Stock   12.26  2.08  20.43%   
Primega Group 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 7.15. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Primega Group'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
7.52204141
Current Value
7.15
Quarterly Volatility
26.38483395
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Primega Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Primega Group's main balance sheet or income statement drivers, such as Tax Provision of 228.4 K, Depreciation And Amortization of 884.2 K or Interest Expense of 144.4 K, as well as many indicators such as Price To Sales Ratio of 7.15, Dividend Yield of 0.0 or PTB Ratio of 22.43. Primega financial statements analysis is a perfect complement when working with Primega Group Valuation or Volatility modules.
  
Check out the analysis of Primega Group Correlation against competitors.

Latest Primega Group's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Primega Group Holdings over the last few years. Price to Sales Ratio is figured by comparing Primega Group Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Primega Group sales, a figure that is much harder to manipulate than other Primega Group Holdings 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. Primega Group's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Primega Group's 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  

Primega Price To Sales Ratio Regression Statistics

Arithmetic Mean50.62
Geometric Mean37.95
Coefficient Of Variation52.13
Mean Deviation22.54
Median65.98
Standard Deviation26.38
Sample Variance696.16
Range58.8344
R-Value(0.77)
Mean Square Error304.94
R-Squared0.59
Significance0.0008
Slope(4.54)
Total Sum of Squares9,746

Primega Price To Sales Ratio History

2024 7.15
2023 7.52
2022 9.09
2021 9.66

About Primega Group Financial Statements

Primega Group investors utilize fundamental indicators, such as Price To Sales Ratio, to predict how Primega 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 7.52  7.15 

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When determining whether Primega Group Holdings is a strong investment it is important to analyze Primega Group'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 Primega Group's future performance. For an informed investment choice regarding Primega Stock, refer to the following important reports:
Check out the analysis of Primega Group Correlation against competitors.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Marine Transportation 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 Primega Group. If investors know Primega 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 Primega Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Primega Group Holdings is measured differently than its book value, which is the value of Primega that is recorded on the company's balance sheet. Investors also form their own opinion of Primega Group's value that differs from its market value or its book value, called intrinsic value, which is Primega Group'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 Primega Group's market value can be influenced by many factors that don't directly affect Primega Group'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 Primega Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primega Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primega Group'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.