Rani Price To Sales Ratio from 2010 to 2024
RANI Stock | USD 2.08 0.04 1.96% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 136.41 | Current Value 129.59 | Quarterly Volatility 83.42728197 |
Check Rani Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rani Therapeutics' main balance sheet or income statement drivers, such as Interest Income of 3.6 M, Depreciation And Amortization of 925.5 K or Interest Expense of 5.3 M, as well as many indicators such as Price To Sales Ratio of 130, Dividend Yield of 0.0 or PTB Ratio of 6.91. Rani financial statements analysis is a perfect complement when working with Rani Therapeutics Valuation or Volatility modules.
Rani | Price To Sales Ratio |
Latest Rani Therapeutics' Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Rani Therapeutics Holdings over the last few years. Price to Sales Ratio is figured by comparing Rani Therapeutics stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Rani Therapeutics sales, a figure that is much harder to manipulate than other Rani Therapeutics 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. Rani Therapeutics' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rani Therapeutics' overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 313.17 X | 10 Years Trend |
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Price To Sales Ratio |
Timeline |
Rani Price To Sales Ratio Regression Statistics
Arithmetic Mean | 212.74 | |
Geometric Mean | 200.36 | |
Coefficient Of Variation | 39.22 | |
Mean Deviation | 46.36 | |
Median | 221.78 | |
Standard Deviation | 83.43 | |
Sample Variance | 6,960 | |
Range | 351 | |
R-Value | (0.26) | |
Mean Square Error | 7,001 | |
R-Squared | 0.07 | |
Significance | 0.36 | |
Slope | (4.79) | |
Total Sum of Squares | 97,442 |
Rani Price To Sales Ratio History
About Rani Therapeutics Financial Statements
Investors use fundamental indicators, such as Rani Therapeutics' Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Rani Therapeutics' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last Reported | Projected for Next Year | ||
Price To Sales Ratio | 136.41 | 129.59 |
Currently Active Assets on Macroaxis
When determining whether Rani Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rani Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rani Therapeutics Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rani Therapeutics Holdings Stock:Check out the analysis of Rani Therapeutics Correlation against competitors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Biotechnology 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 Rani Therapeutics. If investors know Rani 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 Rani Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.05) | Quarterly Revenue Growth (1.00) | Return On Assets (0.57) | Return On Equity (2.25) |
The market value of Rani Therapeutics is measured differently than its book value, which is the value of Rani that is recorded on the company's balance sheet. Investors also form their own opinion of Rani Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Rani Therapeutics' 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 Rani Therapeutics' market value can be influenced by many factors that don't directly affect Rani Therapeutics' 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 Rani Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rani Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rani Therapeutics' 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.