Tri Price To Sales Ratio from 2010 to 2024

TY Stock  USD 34.03  0.14  0.41%   
Tri Continental Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio is likely to outpace its year average in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Tri Continental'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
22.74767982
Current Value
28.19
Quarterly Volatility
14.51338284
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tri Continental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tri Continental's main balance sheet or income statement drivers, such as Depreciation And Amortization of 203.3 M, Interest Expense of 398 or Selling General Administrative of 392.1 K, as well as many indicators such as Price To Sales Ratio of 28.19, Dividend Yield of 0.0 or PTB Ratio of 0.67. Tri financial statements analysis is a perfect complement when working with Tri Continental Valuation or Volatility modules.
  
Check out the analysis of Tri Continental Correlation against competitors.

Latest Tri Continental's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Tri Continental Closed over the last few years. Price to Sales Ratio is figured by comparing Tri Continental Closed stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Tri Continental sales, a figure that is much harder to manipulate than other Tri Continental Closed 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. Tri Continental's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tri Continental's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 26.61 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Tri Price To Sales Ratio Regression Statistics

Arithmetic Mean14.18
Geometric Mean13.34
Coefficient Of Variation102.36
Mean Deviation12.44
Median20.97
Standard Deviation14.51
Sample Variance210.64
Range50.5595
R-Value(0.44)
Mean Square Error183.15
R-Squared0.19
Significance0.10
Slope(1.42)
Total Sum of Squares2,949

Tri Price To Sales Ratio History

2024 28.19
2023 22.75
2022 -4.77
2021 4.15
2020 7.77
2019 4.42
2018 -17.53

About Tri Continental Financial Statements

Tri Continental investors use historical fundamental indicators, such as Tri Continental's 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 Tri Continental. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 22.75  28.19 

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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.

Additional Tools for Tri Stock Analysis

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