Shamaran Petroleum Corp Stock Price To Sales

SNM Stock  CAD 0.11  0.01  8.33%   
ShaMaran Petroleum Corp fundamentals help investors to digest information that contributes to ShaMaran Petroleum's financial success or failures. It also enables traders to predict the movement of ShaMaran Stock. The fundamental analysis module provides a way to measure ShaMaran Petroleum'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 ShaMaran Petroleum stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 1.15  1.10 
Price To Sales Ratio is likely to drop to 1.10 in 2024.
  
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ShaMaran Petroleum Corp Company Price To Sales Analysis

ShaMaran Petroleum'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 ShaMaran Petroleum Price To Sales

    
  3.28 X  
Most of ShaMaran Petroleum'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, ShaMaran Petroleum Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ShaMaran Price To Sales Driver Correlations

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

ShaMaran Price To Sales Ratio

Price To Sales Ratio

1.1

At this time, ShaMaran Petroleum's Price To Sales Ratio is fairly stable compared to the past year.
Based on the latest financial disclosure, ShaMaran Petroleum Corp has a Price To Sales of 3.2842 times. This is 86.6% higher than that of the Oil, Gas & Consumable Fuels sector and 18.99% higher than that of the Energy industry. The price to sales for all Canada stocks is 71.24% higher than that of the company.

ShaMaran Price To Sales Peer Comparison

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

ShaMaran Petroleum Current Valuation Drivers

We derive many important indicators used in calculating different scores of ShaMaran Petroleum from analyzing ShaMaran Petroleum's financial statements. These drivers represent accounts that assess ShaMaran Petroleum's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ShaMaran Petroleum's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap125.1M73.1M121.7M171.4M95.7M131.2M
Enterprise Value314.9M263.9M380.9M377.4M320.8M187.3M

ShaMaran Fundamentals

About ShaMaran Petroleum Fundamental Analysis

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

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Additional Tools for ShaMaran Stock Analysis

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