Olympic Price To Sales Ratio from 2010 to 2024

ZEUS Stock  USD 42.41  1.65  4.05%   
Olympic Steel Price To Sales Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Sales Ratio will likely drop to 0.23 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Olympic Steel'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
0.35767414
Current Value
0.23
Quarterly Volatility
0.07047813
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Olympic Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Olympic Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 28.5 M, Interest Expense of 16.8 M or Total Revenue of 1.2 B, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0069 or PTB Ratio of 0.95. Olympic financial statements analysis is a perfect complement when working with Olympic Steel Valuation or Volatility modules.
  
Check out the analysis of Olympic Steel Correlation against competitors.
For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.

Latest Olympic Steel's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Olympic Steel over the last few years. Price to Sales Ratio is figured by comparing Olympic Steel stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Olympic Steel sales, a figure that is much harder to manipulate than other Olympic Steel 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. Olympic Steel's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Olympic Steel's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.23 X10 Years Trend
Very volatile
   Price To Sales Ratio   
       Timeline  

Olympic Price To Sales Ratio Regression Statistics

Arithmetic Mean0.18
Geometric Mean0.17
Coefficient Of Variation38.83
Mean Deviation0.05
Median0.18
Standard Deviation0.07
Sample Variance0
Range0.2626
R-Value0.06
Mean Square Error0.01
R-Squared0
Significance0.82
Slope0.001
Total Sum of Squares0.07

Olympic Price To Sales Ratio History

2024 0.23
2023 0.36
2022 0.15
2020 0.12
2019 0.13
2018 0.0951

About Olympic Steel Financial Statements

Olympic Steel shareholders use historical fundamental indicators, such as Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Olympic Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Olympic Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Olympic Steel's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.36  0.23 

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Additional Tools for Olympic Stock Analysis

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