Primech Holdings Ltd Stock Price To Sales
| PMEC Stock | 0.73 0.03 3.95% |
Primech Holdings Ltd fundamentals help investors to digest information that contributes to Primech Holdings' financial success or failures. It also enables traders to predict the movement of Primech Stock. The fundamental analysis module provides a way to measure Primech Holdings' 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 Primech Holdings stock.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 0.49 | 0.97 |
Primech | Price To Sales |
Primech Holdings Ltd Company Price To Sales Analysis
Primech Holdings' 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 Primech Holdings Price To Sales | 0.38 X |
Most of Primech Holdings' 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, Primech Holdings Ltd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Primech Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for Primech Holdings is extremely important. It helps to project a fair market value of Primech Stock properly, considering its historical fundamentals such as Price To Sales. Since Primech Holdings' 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 Primech Holdings' 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 Primech Holdings' interrelated accounts and indicators.
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Primech Price To Sales Historical Pattern
Today, most investors in Primech Holdings Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Primech Holdings' 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 Primech Holdings price to sales as a starting point in their analysis.
Primech Holdings Price To Sales |
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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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Primech Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Primech Holdings Ltd has a Price To Sales of 0.3838 times. This is 99.4% lower than that of the Commercial Services & Supplies sector and 81.55% lower than that of the Industrials industry. The price to sales for all United States stocks is 96.64% higher than that of the company.
Primech Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Primech Holdings' 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 Primech Holdings could also be used in its relative valuation, which is a method of valuing Primech Holdings by comparing valuation metrics of similar companies.Primech Holdings is currently under evaluation in price to sales category among its peers.
Primech Fundamentals
| Return On Equity | -0.27 | ||||
| Return On Asset | -0.0746 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | (0.15) % | ||||
| Current Valuation | 40.98 M | ||||
| Shares Outstanding | 38.13 M | ||||
| Shares Owned By Insiders | 82.23 % | ||||
| Shares Owned By Institutions | 0.27 % | ||||
| Number Of Shares Shorted | 163.38 K | ||||
| Price To Book | 1.86 X | ||||
| Price To Sales | 0.38 X | ||||
| Revenue | 72.52 M | ||||
| Gross Profit | 6.42 M | ||||
| EBITDA | 1.3 M | ||||
| Net Income | (3.24 M) | ||||
| Total Debt | 20.79 M | ||||
| Book Value Per Share | 0.42 X | ||||
| Cash Flow From Operations | (9.08 M) | ||||
| Short Ratio | 2.58 X | ||||
| Earnings Per Share | (0.10) X | ||||
| Number Of Employees | 2.74 K | ||||
| Market Capitalization | 27.83 M | ||||
| Total Asset | 45.51 M | ||||
| Retained Earnings | (9.05 M) | ||||
| Working Capital | 8.59 M | ||||
| Net Asset | 45.51 M |
About Primech Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Primech Holdings Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Primech Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Primech Holdings Ltd 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.When determining whether Primech Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Primech Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Primech Holdings Ltd Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Primech Holdings Ltd Stock:Check out Primech Holdings Piotroski F Score and Primech Holdings Altman Z Score analysis. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Primech Holdings. If investors know Primech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Primech Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.10) | Revenue Per Share 2.138 | Quarterly Revenue Growth 0.028 | Return On Assets (0.07) | Return On Equity (0.27) |
The market value of Primech Holdings is measured differently than its book value, which is the value of Primech that is recorded on the company's balance sheet. Investors also form their own opinion of Primech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Primech Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Primech Holdings' market value can be influenced by many factors that don't directly affect Primech Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Primech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Primech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primech Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.