Parkit Enterprise Stock Price To Sales

PKT Stock  CAD 0.67  0.01  1.52%   
Parkit Enterprise fundamentals help investors to digest information that contributes to Parkit Enterprise's financial success or failures. It also enables traders to predict the movement of Parkit Stock. The fundamental analysis module provides a way to measure Parkit Enterprise'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 Parkit Enterprise stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 24.12  28.24 
Price To Sales Ratio is likely to climb to 28.24 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Parkit Enterprise Company Price To Sales Analysis

Parkit Enterprise'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 Parkit Enterprise Price To Sales

    
  5.61 X  
Most of Parkit Enterprise'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, Parkit Enterprise is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Parkit Price To Sales Driver Correlations

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

Parkit Price To Sales Ratio

Price To Sales Ratio

28.24

At this time, Parkit Enterprise's Price To Sales Ratio is fairly stable compared to the past year.
Based on the latest financial disclosure, Parkit Enterprise has a Price To Sales of 5.6132 times. This is 79.76% lower than that of the Real Estate Management & Development sector and 222.6% higher than that of the Real Estate industry. The price to sales for all Canada stocks is 50.85% higher than that of the company.

Parkit Price To Sales Peer Comparison

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

Parkit Fundamentals

About Parkit Enterprise Fundamental Analysis

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

Explore Investment Opportunities

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.
Explore Investing Ideas  

Additional Tools for Parkit Stock Analysis

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