SKYX Price To Sales Ratio from 2010 to 2024

SKYX Stock  USD 0.98  0.01  1.03%   
SKYX Platforms Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio will likely drop to 2.28 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing SKYX Platforms' 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
2.40316659
Current Value
2.28
Quarterly Volatility
4.7 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SKYX Platforms financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SKYX Platforms' main balance sheet or income statement drivers, such as Depreciation And Amortization of 953.5 K, Interest Expense of 3.3 M or Selling General Administrative of 38.9 M, as well as many indicators such as Price To Sales Ratio of 2.28, Dividend Yield of 1.0E-4 or PTB Ratio of 9.14. SKYX financial statements analysis is a perfect complement when working with SKYX Platforms Valuation or Volatility modules.
  
Check out the analysis of SKYX Platforms Correlation against competitors.

Latest SKYX Platforms' Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of SKYX Platforms Corp over the last few years. Price to Sales Ratio is figured by comparing SKYX Platforms Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on SKYX Platforms sales, a figure that is much harder to manipulate than other SKYX Platforms Corp 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. SKYX Platforms' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SKYX Platforms' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.18 X10 Years Trend
Very volatile
   Price To Sales Ratio   
       Timeline  

SKYX Price To Sales Ratio Regression Statistics

Arithmetic Mean2,812
Geometric Mean339.39
Coefficient Of Variation168.75
Mean Deviation3,249
Median180.29
Standard Deviation4,746
Sample Variance22.5M
Range17.8K
R-Value0.08
Mean Square Error24.1M
R-Squared0.01
Significance0.77
Slope89.33
Total Sum of Squares315.4M

SKYX Price To Sales Ratio History

2024 2.28
2023 2.4
2022 6255.71
202117.9 K
2020 2883.93
2018 180.29
2017 75.31

About SKYX Platforms Financial Statements

SKYX Platforms investors use historical fundamental indicators, such as SKYX Platforms' Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in SKYX Platforms. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 2.40  2.28 

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Additional Tools for SKYX Stock Analysis

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