Music Broadcast Limited Stock Price To Sales

RADIOCITY   12.21  0.24  2.01%   
Music Broadcast Limited fundamentals help investors to digest information that contributes to Music Broadcast's financial success or failures. It also enables traders to predict the movement of Music Stock. The fundamental analysis module provides a way to measure Music Broadcast'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 Music Broadcast 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.

Music Broadcast Limited Company Price To Sales Analysis

Music Broadcast'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 Music Broadcast Price To Sales

    
  1.77 X  
Most of Music Broadcast'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, Music Broadcast 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, Music Broadcast Limited has a Price To Sales of 1.7685 times. This is 93.41% lower than that of the Media sector and significantly higher than that of the Communication Services industry. The price to sales for all India stocks is 84.51% higher than that of the company.

Music Price To Sales Peer Comparison

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

Music Fundamentals

About Music Broadcast Fundamental Analysis

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

Also Currently Popular

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 Music Stock

Music Broadcast financial ratios help investors to determine whether Music 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 Music with respect to the benefits of owning Music Broadcast security.