Better Home Finance Stock Price To Sales
BETR Stock | 15.77 1.46 10.20% |
Better Home Finance fundamentals help investors to digest information that contributes to Better Home's financial success or failures. It also enables traders to predict the movement of Better Stock. The fundamental analysis module provides a way to measure Better Home's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Better Home stock.
Last Reported | Projected for Next Year | ||
Price To Sales Ratio | 213.00 | 248.08 |
Better | Price To Sales |
Better Home Finance Company Price To Sales Analysis
Better Home's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Better Home Price To Sales | 3.51 X |
Most of Better Home's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Better Home Finance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Better Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for Better Home is extremely important. It helps to project a fair market value of Better Stock properly, considering its historical fundamentals such as Price To Sales. Since Better Home's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Better Home's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Better Home's interrelated accounts and indicators.
Click cells to compare fundamentals
Better Price To Sales Historical Pattern
Today, most investors in Better Home Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Better Home's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Better Home price to sales as a starting point in their analysis.
Better Home Price To Sales |
Timeline |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition |
Better Price To Sales Ratio
Price To Sales Ratio |
|
Based on the latest financial disclosure, Better Home Finance has a Price To Sales of 3.5141 times. This is 24.61% higher than that of the Financial Services sector and significantly higher than that of the Financials industry. The price to sales for all United States stocks is 69.23% higher than that of the company.
Better Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Better Home's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Better Home could also be used in its relative valuation, which is a method of valuing Better Home by comparing valuation metrics of similar companies.Better Home is currently under evaluation in price to sales category among its peers.
Better Home ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Better Home's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Better Home's managers, analysts, and investors.Environmental | Governance | Social |
Better Fundamentals
Return On Asset | -0.53 | ||||
Operating Margin | (1.24) % | ||||
Current Valuation | 612.03 M | ||||
Shares Outstanding | 8.55 M | ||||
Shares Owned By Insiders | 14.83 % | ||||
Shares Owned By Institutions | 50.21 % | ||||
Number Of Shares Shorted | 36.47 K | ||||
Price To Earning | 86.96 X | ||||
Price To Book | 558.77 X | ||||
Price To Sales | 3.51 X | ||||
Revenue | 88.5 M | ||||
Gross Profit | (216.51 M) | ||||
EBITDA | (459.94 M) | ||||
Net Income | (536.42 M) | ||||
Cash And Equivalents | 8.31 M | ||||
Cash Per Share | 0.11 X | ||||
Total Debt | 672.06 M | ||||
Debt To Equity | 662.00 % | ||||
Current Ratio | 1.34 X | ||||
Book Value Per Share | 8.15 X | ||||
Cash Flow From Operations | (159.72 M) | ||||
Short Ratio | 3.22 X | ||||
Earnings Per Share | (1.20) X | ||||
Price To Earnings To Growth | 1.55 X | ||||
Number Of Employees | 820 | ||||
Beta | 1.7 | ||||
Market Capitalization | 216.8 M | ||||
Total Asset | 905.55 M | ||||
Retained Earnings | (1.7 B) | ||||
Working Capital | 583.82 M | ||||
Current Asset | 38.85 M | ||||
Current Liabilities | 59.33 M | ||||
Net Asset | 905.55 M |
About Better Home Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Better Home Finance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Better Home using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Better Home Finance based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Better Home
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Better Home position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Better Home will appreciate offsetting losses from the drop in the long position's value.Moving against Better Stock
0.78 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
0.76 | LC | LendingClub Corp | PairCorr |
0.71 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
0.71 | SF | Stifel Financial Fiscal Year End 22nd of January 2025 | PairCorr |
0.7 | DIST | Distoken Acquisition | PairCorr |
The ability to find closely correlated positions to Better Home could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Better Home when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Better Home - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Better Home Finance to buy it.
The correlation of Better Home is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Better Home moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Better Home Finance moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Better Home can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Better Stock Analysis
When running Better Home's price analysis, check to measure Better Home'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 Better Home is operating at the current time. Most of Better Home's value examination focuses on studying past and present price action to predict the probability of Better Home's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Better Home's price. Additionally, you may evaluate how the addition of Better Home to your portfolios can decrease your overall portfolio volatility.