Dexterra Group Stock Price To Sales

DXT Stock  CAD 6.84  0.17  2.55%   
Dexterra Group fundamentals help investors to digest information that contributes to Dexterra's financial success or failures. It also enables traders to predict the movement of Dexterra Stock. The fundamental analysis module provides a way to measure Dexterra'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 Dexterra stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.34  0.32 
As of the 23rd of November 2024, Price To Sales Ratio is likely to drop to 0.32.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Dexterra Group Company Price To Sales Analysis

Dexterra'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.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Dexterra Price To Sales

    
  0.37 X  
Most of Dexterra'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, Dexterra Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Dexterra Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Dexterra is extremely important. It helps to project a fair market value of Dexterra Stock properly, considering its historical fundamentals such as Price To Sales. Since Dexterra'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 Dexterra'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 Dexterra's interrelated accounts and indicators.
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

Dexterra Price To Sales Ratio

Price To Sales Ratio

0.32

At this time, Dexterra's Price To Sales Ratio is very stable compared to the past year.
Based on the latest financial disclosure, Dexterra Group has a Price To Sales of 0.3713 times. This is 98.66% lower than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The price to sales for all Canada stocks is 96.75% higher than that of the company.

Dexterra Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dexterra'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 Dexterra could also be used in its relative valuation, which is a method of valuing Dexterra by comparing valuation metrics of similar companies.
Dexterra is currently under evaluation in price to sales category among its peers.

Dexterra Fundamentals

About Dexterra Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Dexterra Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dexterra using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dexterra Group 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 Dexterra

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 Dexterra 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 Dexterra will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Dexterra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dexterra 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 Dexterra - 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 Dexterra Group to buy it.
The correlation of Dexterra 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 Dexterra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dexterra Group 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 Dexterra 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Dexterra Stock

Dexterra financial ratios help investors to determine whether Dexterra Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Dexterra with respect to the benefits of owning Dexterra security.