AND Stock | | | CAD 42.80 0.16 0.38% |
Andlauer Healthcare financial indicator trend analysis is way more than just evaluating Andlauer Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Andlauer Healthcare is a good investment. Please check the relationship between Andlauer Healthcare Price To Sales Ratio and its Pb Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Andlauer Healthcare Gr. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Price To Sales Ratio vs Pb Ratio
Price To Sales Ratio vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Andlauer Healthcare Price To Sales Ratio account and
Pb Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Andlauer Healthcare's Price To Sales Ratio and Pb Ratio is 0.54. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Andlauer Healthcare Gr, assuming nothing else is changed. The correlation between historical values of Andlauer Healthcare's Price To Sales Ratio and Pb 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 Price To Sales Ratio of Andlauer Healthcare Gr are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Price To Sales Ratio i.e., Andlauer Healthcare's Price To Sales Ratio and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Andlauer Healthcare stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Andlauer Healthcare sales, a figure that is much harder to manipulate than other Andlauer Healthcare Gr 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.
Pb Ratio
Most indicators from Andlauer Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Andlauer Healthcare 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 Andlauer Healthcare Gr. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Andlauer Healthcare's
Enterprise Value Over EBITDA is very stable compared to the past year. As of the 23rd of November 2024,
Enterprise Value Multiple is likely to grow to 14.88, while
Tax Provision is likely to drop about 16.2
M.
Andlauer Healthcare fundamental ratios Correlations
Click cells to compare fundamentals
Andlauer Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Andlauer Healthcare fundamental ratios Accounts
Other Information on Investing in Andlauer Stock
Balance Sheet is a snapshot of the
financial position of Andlauer Healthcare at a specified time, usually calculated after every quarter, six months, or one year. Andlauer Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Andlauer Healthcare and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Andlauer currently owns. An asset can also be divided into two categories, current and non-current.