Rumble Price To Sales Ratio from 2010 to 2024

RUM Stock  USD 6.49  0.46  7.63%   
Rumble Price To Sales Ratio yearly trend continues to be very stable with very little volatility. Price To Sales Ratio is likely to drop to 10.61. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Rumble'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
11.17141142
Current Value
10.61
Quarterly Volatility
357.70227884
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rumble financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rumble's main balance sheet or income statement drivers, such as Net Interest Income of 16.3 M, Depreciation And Amortization of 5.9 M or Interest Expense of 1.2 M, as well as many indicators such as Price To Sales Ratio of 10.61, Dividend Yield of 0.0 or PTB Ratio of 3.41. Rumble financial statements analysis is a perfect complement when working with Rumble Valuation or Volatility modules.
  
Check out the analysis of Rumble Correlation against competitors.

Latest Rumble's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Rumble Inc over the last few years. Price to Sales Ratio is figured by comparing Rumble Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Rumble sales, a figure that is much harder to manipulate than other Rumble Inc 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. Rumble's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rumble's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 23.18 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Rumble Price To Sales Ratio Regression Statistics

Arithmetic Mean573.37
Geometric Mean302.37
Coefficient Of Variation62.39
Mean Deviation319.58
Median813.05
Standard Deviation357.70
Sample Variance127,951
Range802
R-Value(0.82)
Mean Square Error44,300
R-Squared0.68
Significance0.0002
Slope(65.88)
Total Sum of Squares1.8M

Rumble Price To Sales Ratio History

2024 10.61
2023 11.17
2022 36.63
2021 319.34
2020 92.26

About Rumble Financial Statements

Rumble investors utilize fundamental indicators, such as Price To Sales Ratio, to predict how Rumble 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 11.17  10.61 

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When determining whether Rumble Inc is a strong investment it is important to analyze Rumble'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 Rumble's future performance. For an informed investment choice regarding Rumble Stock, refer to the following important reports:
Check out the analysis of Rumble Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Interactive Media & Services 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 Rumble. If investors know Rumble 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 Rumble 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
0.388
Quarterly Revenue Growth
(0.10)
Return On Assets
(0.31)
Return On Equity
(0.52)
The market value of Rumble Inc is measured differently than its book value, which is the value of Rumble that is recorded on the company's balance sheet. Investors also form their own opinion of Rumble's value that differs from its market value or its book value, called intrinsic value, which is Rumble'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 Rumble's market value can be influenced by many factors that don't directly affect Rumble'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 Rumble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rumble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rumble'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.