Jericho Oil Corp Stock Price To Sales

JEV Stock  CAD 0.12  0.01  7.69%   
Jericho Oil Corp fundamentals help investors to digest information that contributes to Jericho Oil's financial success or failures. It also enables traders to predict the movement of Jericho Stock. The fundamental analysis module provides a way to measure Jericho Oil'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 Jericho Oil stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 658.20  528.84 
Price To Sales Ratio is likely to drop to 528.84 in 2024.
  
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Jericho Oil Corp Company Price To Sales Analysis

Jericho Oil'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

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Current Jericho Oil Price To Sales

    
  555.25 X  
Most of Jericho Oil'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, Jericho Oil Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Jericho Price To Sales Driver Correlations

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

Price To Sales Ratio

528.84

At this time, Jericho Oil's Price To Sales Ratio is fairly stable compared to the past year.
Based on the latest financial disclosure, Jericho Oil Corp has a Price To Sales of 555 times. This is much higher than that of the Oil, Gas & Consumable Fuels sector and notably higher than that of the Energy industry. The price to sales for all Canada stocks is notably lower than that of the firm.

Jericho Price To Sales Peer Comparison

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

Jericho Oil Current Valuation Drivers

We derive many important indicators used in calculating different scores of Jericho Oil from analyzing Jericho Oil's financial statements. These drivers represent accounts that assess Jericho Oil's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Jericho Oil's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap28.3M35.2M127.6M59.9M48.0M34.7M
Enterprise Value26.7M31.7M126.4M62.6M51.9M33.5M

Jericho Fundamentals

About Jericho Oil Fundamental Analysis

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

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Jericho Stock Analysis

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