Patel Engineering Limited Stock Price To Sales

PATELENG   52.96  1.48  2.87%   
Patel Engineering Limited fundamentals help investors to digest information that contributes to Patel Engineering's financial success or failures. It also enables traders to predict the movement of Patel Stock. The fundamental analysis module provides a way to measure Patel Engineering'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 Patel Engineering stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Patel Engineering Limited Company Price To Sales Analysis

Patel Engineering'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 Patel Engineering Price To Sales

    
  0.92 X  
Most of Patel Engineering'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, Patel Engineering Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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

Based on the latest financial disclosure, Patel Engineering Limited has a Price To Sales of 0.919 times. This is 96.69% lower than that of the Construction & Engineering sector and 45.87% higher than that of the Industrials industry. The price to sales for all India stocks is 91.95% higher than that of the company.

Patel Price To Sales Peer Comparison

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

Patel Fundamentals

About Patel Engineering Fundamental Analysis

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

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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.

Other Information on Investing in Patel Stock

Patel Engineering financial ratios help investors to determine whether Patel 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 Patel with respect to the benefits of owning Patel Engineering security.