Tesla Price To Sales Ratio from 2010 to 2024
| TSLA Stock | USD 339.64 2.39 0.70% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 8.14974755 | Current Value 7.74 | Quarterly Volatility 11.5 K |
Check Tesla financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tesla's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.9 B, Interest Expense of 242.4 M or Total Revenue of 101.6 B, as well as many indicators such as Price To Sales Ratio of 7.74, Dividend Yield of 0.0 or PTB Ratio of 9.66. Tesla financial statements analysis is a perfect complement when working with Tesla Valuation or Volatility modules.
Tesla | Price To Sales Ratio |
Latest Tesla's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Tesla Inc over the last few years. Price to Sales Ratio is figured by comparing Tesla Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Tesla sales, a figure that is much harder to manipulate than other Tesla 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. Tesla's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tesla's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 11.43 X | 10 Years Trend |
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Price To Sales Ratio |
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Tesla Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 2,978 | |
| Geometric Mean | 13.16 | |
| Coefficient Of Variation | 386.15 | |
| Mean Deviation | 5,542 | |
| Median | 8.15 | |
| Standard Deviation | 11,498 | |
| Sample Variance | 132.2M | |
| Range | 44.5K | |
| R-Value | (0.43) | |
| Mean Square Error | 115.7M | |
| R-Squared | 0.19 | |
| Significance | 0.11 | |
| Slope | (1,113) | |
| Total Sum of Squares | 1.9B |
Tesla Price To Sales Ratio History
About Tesla Financial Statements
Tesla stakeholders use historical fundamental indicators, such as Tesla's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Tesla investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tesla's assets and liabilities are reflected in the revenues and expenses on Tesla'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 Tesla Inc. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 8.15 | 7.74 |
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 Tesla Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tesla's 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 Tesla Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tesla Inc Stock:Check out the analysis of Tesla Correlation against competitors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Automobile Manufacturers 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 Tesla. If investors know Tesla 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 Tesla listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.17 | Earnings Share 3.59 | Revenue Per Share 30.457 | Quarterly Revenue Growth 0.078 | Return On Assets 0.0476 |
The market value of Tesla Inc is measured differently than its book value, which is the value of Tesla that is recorded on the company's balance sheet. Investors also form their own opinion of Tesla's value that differs from its market value or its book value, called intrinsic value, which is Tesla'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 Tesla's market value can be influenced by many factors that don't directly affect Tesla'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 Tesla's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tesla is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tesla'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.