Westamerica Price To Sales Ratio from 2010 to 2024

WABC Stock  USD 58.23  0.63  1.09%   
Westamerica Bancorporation's Price To Sales Ratio is increasing over the years with slightly volatile fluctuation. Price To Sales Ratio is expected to dwindle to 5.17. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Westamerica Bancorporation'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
5.30368761
Current Value
5.17
Quarterly Volatility
1.90397226
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Westamerica Bancorporation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Westamerica Bancorporation's main balance sheet or income statement drivers, such as Interest Expense of 3.7 M, Other Operating Expenses of 86.8 M or Operating Income of 133.1 M, as well as many indicators such as Price To Sales Ratio of 5.17, Dividend Yield of 0.0199 or PTB Ratio of 2.25. Westamerica financial statements analysis is a perfect complement when working with Westamerica Bancorporation Valuation or Volatility modules.
  
Check out the analysis of Westamerica Bancorporation Correlation against competitors.
For information on how to trade Westamerica Stock refer to our How to Trade Westamerica Stock guide.

Latest Westamerica Bancorporation's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Westamerica Bancorporation over the last few years. Price to Sales Ratio is figured by comparing Westamerica Bancorporation stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Westamerica Bancorporation sales, a figure that is much harder to manipulate than other Westamerica Bancorporation 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. Westamerica Bancorporation's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Westamerica Bancorporation's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 5.11 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Westamerica Price To Sales Ratio Regression Statistics

Arithmetic Mean6.46
Geometric Mean6.07
Coefficient Of Variation29.48
Mean Deviation1.44
Median6.79
Standard Deviation1.90
Sample Variance3.63
Range7.4111
R-Value0.31
Mean Square Error3.54
R-Squared0.09
Significance0.27
Slope0.13
Total Sum of Squares50.75

Westamerica Price To Sales Ratio History

2024 5.17
2023 5.3
2022 5.99
2021 7.22
2020 7.23
2019 8.95
2018 7.5

About Westamerica Bancorporation Financial Statements

Westamerica Bancorporation stakeholders use historical fundamental indicators, such as Westamerica Bancorporation's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Westamerica Bancorporation investors may analyze each financial statement separately, they are all interrelated. For example, changes in Westamerica Bancorporation's assets and liabilities are reflected in the revenues and expenses on Westamerica Bancorporation'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 Westamerica Bancorporation. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 5.30  5.17 

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 Westamerica Bancorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westamerica Bancorporation'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 Westamerica Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westamerica Bancorporation Stock:
Check out the analysis of Westamerica Bancorporation Correlation against competitors.
For information on how to trade Westamerica Stock refer to our How to Trade Westamerica Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Regional 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 Westamerica Bancorporation. If investors know Westamerica 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 Westamerica Bancorporation 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
(0.16)
Dividend Share
1.76
Earnings Share
5.49
Revenue Per Share
11.398
Quarterly Revenue Growth
(0.10)
The market value of Westamerica Bancorporation is measured differently than its book value, which is the value of Westamerica that is recorded on the company's balance sheet. Investors also form their own opinion of Westamerica Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Westamerica Bancorporation'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 Westamerica Bancorporation's market value can be influenced by many factors that don't directly affect Westamerica Bancorporation'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 Westamerica Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westamerica Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westamerica Bancorporation'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.