PlayAGS Pb Ratio vs Price To Sales Ratio Analysis

AGS Stock  USD 11.63  0.03  0.26%   
PlayAGS financial indicator trend analysis is much more than just breaking down PlayAGS prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PlayAGS is a good investment. Please check the relationship between PlayAGS Pb Ratio and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PlayAGS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy PlayAGS Stock please use our How to Invest in PlayAGS guide.

Pb Ratio vs Price To Sales Ratio

Pb Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PlayAGS Pb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between PlayAGS's Pb Ratio and Price To Sales Ratio is -0.06. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of PlayAGS, assuming nothing else is changed. The correlation between historical values of PlayAGS's Pb Ratio and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of PlayAGS are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Pb Ratio i.e., PlayAGS's Pb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Pb Ratio

Price To Sales Ratio

Price to Sales Ratio is figured by comparing PlayAGS stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on PlayAGS sales, a figure that is much harder to manipulate than other PlayAGS multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Most indicators from PlayAGS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PlayAGS current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PlayAGS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy PlayAGS Stock please use our How to Invest in PlayAGS guide.Sales General And Administrative To Revenue is likely to gain to 0.30 in 2024, whereas Selling General Administrative is likely to drop slightly above 51.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit196.5M222.8M174.5M153.7M
Total Revenue259.7M309.4M356.5M217.6M

PlayAGS fundamental ratios Correlations

0.520.910.440.910.98-0.640.850.650.990.80.180.630.830.640.980.790.560.880.980.830.86-0.80.970.880.99
0.520.580.370.580.51-0.560.390.220.50.4-0.280.210.660.260.470.60.220.580.490.50.34-0.480.50.570.56
0.910.580.40.930.89-0.760.890.620.870.68-0.070.60.920.810.880.910.750.930.90.880.63-0.730.880.750.92
0.440.370.40.510.31-0.040.410.330.440.49-0.460.330.420.250.260.310.250.530.270.40.42-0.560.230.360.34
0.910.580.930.510.86-0.750.910.580.870.62-0.020.560.930.740.860.920.710.930.870.870.66-0.670.860.70.92
0.980.510.890.310.86-0.60.820.570.980.840.220.550.780.610.990.760.480.820.990.760.86-0.820.980.880.97
-0.64-0.56-0.76-0.04-0.75-0.6-0.62-0.65-0.53-0.21-0.05-0.63-0.84-0.76-0.66-0.88-0.82-0.8-0.68-0.86-0.20.28-0.71-0.45-0.74
0.850.390.890.410.910.82-0.620.460.830.610.020.440.790.730.810.820.670.80.830.730.67-0.630.810.70.85
0.650.220.620.330.580.57-0.650.460.560.450.011.00.580.630.630.590.690.750.630.870.34-0.50.640.50.64
0.990.50.870.440.870.98-0.530.830.560.850.220.530.760.560.970.720.460.810.970.740.92-0.820.950.890.96
0.80.40.680.490.620.84-0.210.610.450.85-0.070.440.510.430.760.460.20.650.760.530.83-0.980.730.770.72
0.18-0.28-0.07-0.46-0.020.22-0.050.020.010.22-0.07-0.01-0.12-0.230.31-0.08-0.14-0.150.28-0.060.350.210.310.210.21
0.630.210.60.330.560.55-0.630.441.00.530.44-0.010.570.620.60.580.690.740.610.860.32-0.490.620.480.62
0.830.660.920.420.930.78-0.840.790.580.760.51-0.120.570.770.790.970.750.950.80.910.46-0.580.80.650.87
0.640.260.810.250.740.61-0.760.730.630.560.43-0.230.620.770.620.780.920.810.640.810.28-0.510.630.340.67
0.980.470.880.260.860.99-0.660.810.630.970.760.310.60.790.620.770.530.821.00.80.84-0.731.00.870.98
0.790.60.910.310.920.76-0.880.820.590.720.46-0.080.580.970.780.770.770.920.790.910.4-0.530.790.610.85
0.560.220.750.250.710.48-0.820.670.690.460.2-0.140.690.750.920.530.770.790.560.830.16-0.290.560.270.61
0.880.580.930.530.930.82-0.80.80.750.810.65-0.150.740.950.810.820.920.790.840.960.53-0.720.830.680.89
0.980.490.90.270.870.99-0.680.830.630.970.760.280.610.80.641.00.790.560.840.810.83-0.741.00.870.99
0.830.50.880.40.870.76-0.860.730.870.740.53-0.060.860.910.810.80.910.830.960.810.44-0.590.810.640.85
0.860.340.630.420.660.86-0.20.670.340.920.830.350.320.460.280.840.40.160.530.830.44-0.750.810.830.79
-0.8-0.48-0.73-0.56-0.67-0.820.28-0.63-0.5-0.82-0.980.21-0.49-0.58-0.51-0.73-0.53-0.29-0.72-0.74-0.59-0.75-0.7-0.72-0.72
0.970.50.880.230.860.98-0.710.810.640.950.730.310.620.80.631.00.790.560.831.00.810.81-0.70.860.99
0.880.570.750.360.70.88-0.450.70.50.890.770.210.480.650.340.870.610.270.680.870.640.83-0.720.860.87
0.990.560.920.340.920.97-0.740.850.640.960.720.210.620.870.670.980.850.610.890.990.850.79-0.720.990.87
Click cells to compare fundamentals

PlayAGS Account Relationship Matchups

PlayAGS fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets762.4M740.8M732.8M684.8M680.3M642.6M
Other Current Liab34.8M15.1M16.6M17.8M49.9M52.4M
Total Current Liabilities56.5M42.9M55.5M58.6M47.6M42.0M
Total Stockholder Equity133.8M53.8M41.6M49.4M67.7M66.4M
Property Plant And Equipment Net115.1M90.8M87.4M93.6M88.6M83.4M
Net Debt522.8M536.4M525.2M528.7M514.0M462.0M
Retained Earnings(235.5M)(321.4M)(344.9M)(353.1M)(353.0M)(335.4M)
Accounts Payable15.6M9.5M9.4M15.2M5.4M9.1M
Cash13.2M81.7M95.0M37.9M50.9M42.3M
Non Current Assets Total646.8M581.5M547.7M538.6M515.0M528.3M
Non Currrent Assets Other5.0M9.5M7.4M7.3M4.7M5.1M
Other Assets14.1M26.8M14.7M15.2M13.7M15.3M
Cash And Short Term Investments13.2M81.7M95.0M37.9M51.2M43.0M
Net Receivables61.2M41.7M49.4M59.9M68.5M39.5M
Short Term Investments5.3M4.7M8.2M8.9M4.1M4.7M
Non Current Liabilities Total572.1M644.1M635.8M576.8M565.1M534.1M
Inventory32.9M26.9M27.5M35.4M36.1M22.1M
Other Current Assets8.3M8.9M13.1M13.0M5.7M6.6M
Other Stockholder Equity371.3M379.9M392.2M406.4M417.7M280.6M
Total Liab628.6M687.0M691.2M635.4M612.7M576.2M
Total Current Assets115.6M159.3M185.1M146.2M165.4M112.5M
Intangible Assets230.5M187.6M160.0M142.1M123.4M186.7M
Common Stock355K364K369K378K389K369.6K
Short Long Term Debt Total536.0M618.1M620.2M566.6M565.0M550.1M
Good Will287.0M286.0M285.5M287.7M290.5M263.5M
Common Stock Total Equity355K364K369K378K434.7K271.3K
Common Stock Shares Outstanding35.4M35.6M36.7M37.3M38.2M33.6M
Liabilities And Stockholders Equity762.4M740.8M732.8M684.8M680.3M688.5M
Property Plant And Equipment Gross115.1M90.8M87.4M93.6M294.3M309.0M
Accumulated Other Comprehensive Income(2.4M)(5.1M)(6.1M)(4.3M)2.6M2.8M
Short Term Debt6.0M8.9M8.5M8.3M8.8M7.1M
Other Liab42.1M33.0M24.6M16.3M14.7M23.7M
Net Tangible Assets(383.7M)53.8M(404.0M)(380.4M)(437.5M)(459.4M)
Long Term Debt517.6M601.6M598.9M550.1M547.5M574.9M
Long Term Debt Total518.7M601.6M599.3M550.1M632.6M572.1M
Capital Surpluse371.3M379.9M392.2M406.4M467.4M310.8M
Short Long Term Debt6.0M7.0M6.9M6.1M6.3M6.8M

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Additional Tools for PlayAGS Stock Analysis

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