Uber Technologies Stock Price To Sales
UBER Stock | USD 71.51 1.87 2.69% |
Uber Technologies fundamentals help investors to digest information that contributes to Uber Technologies' financial success or failures. It also enables traders to predict the movement of Uber Stock. The fundamental analysis module provides a way to measure Uber Technologies' 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 Uber Technologies stock.
Last Reported | Projected for Next Year | ||
Price To Sales Ratio | 3.36 | 6.27 |
Uber | Price To Sales |
Uber Technologies Company Price To Sales Analysis
Uber Technologies' 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 Uber Technologies Price To Sales | 3.59 X |
Most of Uber Technologies' 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, Uber Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Uber Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for Uber Technologies is extremely important. It helps to project a fair market value of Uber Stock properly, considering its historical fundamentals such as Price To Sales. Since Uber Technologies' 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 Uber Technologies' 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 Uber Technologies' interrelated accounts and indicators.
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Uber Price To Sales Historical Pattern
Today, most investors in Uber Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Uber Technologies' 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 Uber Technologies price to sales as a starting point in their analysis.
Uber Technologies 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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Uber Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Uber Technologies has a Price To Sales of 3.5891 times. This is 24.76% lower than that of the Ground Transportation sector and significantly higher than that of the Industrials industry. The price to sales for all United States stocks is 68.57% higher than that of the company.
Uber Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Uber Technologies' 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 Uber Technologies could also be used in its relative valuation, which is a method of valuing Uber Technologies by comparing valuation metrics of similar companies.Uber Technologies is currently under evaluation in price to sales category among its peers.
Uber Technologies ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Uber Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Uber Technologies' managers, analysts, and investors.Environmental | Governance | Social |
Uber Fundamentals
Return On Equity | 0.34 | ||||
Return On Asset | 0.0403 | ||||
Profit Margin | 0.10 % | ||||
Operating Margin | 0.09 % | ||||
Current Valuation | 154.18 B | ||||
Shares Outstanding | 2.11 B | ||||
Shares Owned By Insiders | 0.18 % | ||||
Shares Owned By Institutions | 83.71 % | ||||
Number Of Shares Shorted | 49.71 M | ||||
Price To Book | 10.19 X | ||||
Price To Sales | 3.59 X | ||||
Revenue | 37.28 B | ||||
Gross Profit | 9.8 B | ||||
EBITDA | 1.93 B | ||||
Net Income | 1.89 B | ||||
Cash And Equivalents | 4.21 B | ||||
Cash Per Share | 2.44 X | ||||
Total Debt | 11.83 B | ||||
Debt To Equity | 1.52 % | ||||
Current Ratio | 1.04 X | ||||
Book Value Per Share | 7.02 X | ||||
Cash Flow From Operations | 3.58 B | ||||
Short Ratio | 2.83 X | ||||
Earnings Per Share | 2.03 X | ||||
Price To Earnings To Growth | 1.01 X | ||||
Target Price | 89.77 | ||||
Number Of Employees | 30.8 K | ||||
Beta | 1.34 | ||||
Market Capitalization | 150.58 B | ||||
Total Asset | 38.7 B | ||||
Retained Earnings | (30.59 B) | ||||
Working Capital | 1.84 B | ||||
Net Asset | 38.7 B |
About Uber Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Uber Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Uber Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Uber Technologies 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.
Pair Trading with Uber Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Uber Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Uber Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Uber Stock
0.55 | EB | Eventbrite Class A | PairCorr |
0.54 | DV | DoubleVerify Holdings | PairCorr |
0.54 | VCSA | Vacasa Inc | PairCorr |
0.54 | DTRK | DATATRAK International | PairCorr |
0.41 | DMAN | Innovativ Media Group | PairCorr |
The ability to find closely correlated positions to Uber Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Uber Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Uber Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Uber Technologies to buy it.
The correlation of Uber Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Uber Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Uber Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Uber Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Uber Stock Analysis
When running Uber Technologies' price analysis, check to measure Uber Technologies' 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 Uber Technologies is operating at the current time. Most of Uber Technologies' value examination focuses on studying past and present price action to predict the probability of Uber Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Uber Technologies' price. Additionally, you may evaluate how the addition of Uber Technologies to your portfolios can decrease your overall portfolio volatility.