Angstrom Ptb Ratio vs Price To Sales Ratio Analysis

AGTT Stock  USD 0.16  0.01  6.67%   
Angstrom Technologies financial indicator trend analysis is way more than just evaluating Angstrom Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angstrom Technologies is a good investment. Please check the relationship between Angstrom Technologies Ptb 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 Angstrom Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Angstrom Stock please use our How to Invest in Angstrom Technologies guide.

Ptb Ratio vs Price To Sales Ratio

Ptb 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 Angstrom Technologies Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Angstrom Technologies' Ptb Ratio and Price To Sales Ratio is 1.0. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Angstrom Technologies, assuming nothing else is changed. The correlation between historical values of Angstrom Technologies' Ptb 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 Ptb Ratio of Angstrom Technologies 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 Ptb Ratio i.e., Angstrom Technologies' Ptb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Angstrom Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Angstrom Technologies sales, a figure that is much harder to manipulate than other Angstrom Technologies 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 Angstrom Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angstrom Technologies 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 Angstrom Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Angstrom Stock please use our How to Invest in Angstrom Technologies guide.At this time, Angstrom Technologies' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 2.46 in 2024, despite the fact that Enterprise Value is likely to grow to (915.9 K).
 2010 2011 2023 2024 (projected)
Gross Profit948.2K712.9K641.6K681.5K
Total Revenue1.5M1.2M1.1M1.1M

Angstrom Technologies fundamental ratios Correlations

Angstrom Technologies Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Angstrom Stock Analysis

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