Thornburg Price To Sales Ratio from 2010 to 2024
| TBLD Stock | USD 16.53 0.07 0.43% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 3.89 | Current Value 4.08 | Quarterly Volatility 66.53562544 |
Check Thornburg Income financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thornburg Income's main balance sheet or income statement drivers, such as Net Interest Income of 6.8 M, Interest Income of 6.8 M or Depreciation And Amortization of 168.8 K, as well as many indicators such as Price To Sales Ratio of 4.08, Ptb Ratio of 1.0 or Days Sales Outstanding of 18.49. Thornburg financial statements analysis is a perfect complement when working with Thornburg Income Valuation or Volatility modules.
Thornburg | Price To Sales Ratio |
Latest Thornburg Income's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Thornburg Income Builder over the last few years. Price to Sales Ratio is figured by comparing Thornburg Income Builder stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Thornburg Income sales, a figure that is much harder to manipulate than other Thornburg Income Builder 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. Thornburg Income's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Thornburg Income's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 7.05 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Thornburg Price To Sales Ratio Regression Statistics
| Arithmetic Mean | (104.42) | |
| Geometric Mean | 55.16 | |
| Coefficient Of Variation | (63.72) | |
| Mean Deviation | 56.83 | |
| Median | (143.17) | |
| Standard Deviation | 66.54 | |
| Sample Variance | 4,427 | |
| Range | 147 | |
| R-Value | 0.77 | |
| Mean Square Error | 1,940 | |
| R-Squared | 0.59 | |
| Significance | 0.0008 | |
| Slope | 11.46 | |
| Total Sum of Squares | 61,978 |
Thornburg Price To Sales Ratio History
About Thornburg Income Financial Statements
Thornburg Income stakeholders use historical fundamental indicators, such as Thornburg Income's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Thornburg Income investors may analyze each financial statement separately, they are all interrelated. For example, changes in Thornburg Income's assets and liabilities are reflected in the revenues and expenses on Thornburg Income's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Thornburg Income Builder. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 3.89 | 4.08 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Thornburg Income Builder is a strong investment it is important to analyze Thornburg Income'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 Thornburg Income's future performance. For an informed investment choice regarding Thornburg Stock, refer to the following important reports:Check out the analysis of Thornburg Income Correlation against competitors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Asset Management & Custody Banks 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 Thornburg Income. If investors know Thornburg 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 Thornburg Income listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 2.22 |
The market value of Thornburg Income Builder is measured differently than its book value, which is the value of Thornburg that is recorded on the company's balance sheet. Investors also form their own opinion of Thornburg Income's value that differs from its market value or its book value, called intrinsic value, which is Thornburg Income'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 Thornburg Income's market value can be influenced by many factors that don't directly affect Thornburg Income'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 Thornburg Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thornburg Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thornburg Income'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.