ASE Ev To Sales vs Price To Sales Ratio Analysis

ASX Stock  USD 10.52  0.01  0.1%   
ASE Industrial financial indicator trend analysis is way more than just evaluating ASE Industrial Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ASE Industrial Holding is a good investment. Please check the relationship between ASE Industrial Ev To Sales and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASE Industrial Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Ev To Sales vs Price To Sales Ratio

Ev To Sales vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ASE Industrial Holding Ev To Sales account and Price To Sales Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between ASE Industrial's Ev To Sales and Price To Sales Ratio is 1.0. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of ASE Industrial Holding, assuming nothing else is changed. The correlation between historical values of ASE Industrial's Ev To Sales 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 Ev To Sales of ASE Industrial Holding 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 Ev To Sales i.e., ASE Industrial's Ev To Sales and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing ASE Industrial Holding stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on ASE Industrial sales, a figure that is much harder to manipulate than other ASE Industrial Holding 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 ASE Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ASE Industrial Holding 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 ASE Industrial Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, ASE Industrial's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.05 in 2025, whereas Tax Provision is likely to drop slightly above 9.7 B in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit134.9B91.8B105.5B110.8B
Total Revenue670.9B581.9B669.2B702.7B

ASE Industrial fundamental ratios Correlations

0.790.940.990.980.990.740.80.980.910.990.810.750.99-0.330.820.360.760.920.90.950.990.990.990.45-0.33
0.790.60.730.670.760.980.350.810.70.790.510.850.73-0.440.870.430.980.740.640.790.860.770.780.65-0.43
0.940.60.960.970.960.540.920.890.850.940.860.60.97-0.330.740.190.550.840.930.910.890.950.920.21-0.34
0.990.730.960.990.990.670.860.970.920.980.810.730.99-0.270.780.330.680.930.920.930.960.990.990.44-0.28
0.980.670.970.990.970.60.90.950.910.970.820.710.98-0.210.750.330.620.910.90.90.930.970.970.37-0.22
0.990.760.960.990.970.720.80.960.90.990.780.710.98-0.310.810.340.720.90.890.950.971.00.970.4-0.32
0.740.980.540.670.60.720.260.760.590.750.460.720.68-0.510.820.440.980.680.580.780.830.730.710.58-0.5
0.80.350.920.860.90.80.260.760.750.780.770.490.85-0.090.580.040.280.790.870.690.70.80.820.14-0.1
0.980.810.890.970.950.960.760.760.890.970.790.760.98-0.330.830.350.790.930.870.930.980.960.980.47-0.33
0.910.70.850.920.910.90.590.750.890.890.70.830.9-0.130.710.310.640.840.810.810.890.890.930.51-0.14
0.990.790.940.980.970.990.750.780.970.890.820.720.98-0.360.810.360.760.890.880.970.980.990.970.39-0.36
0.810.510.860.810.820.780.460.770.790.70.820.50.84-0.580.630.20.510.630.870.850.770.780.780.03-0.59
0.750.850.60.730.710.710.720.490.760.830.720.50.7-0.140.770.460.770.720.610.650.760.710.780.71-0.13
0.990.730.970.990.980.980.680.850.980.90.980.840.7-0.330.810.290.690.90.910.950.960.980.980.36-0.34
-0.33-0.44-0.33-0.27-0.21-0.31-0.51-0.09-0.33-0.13-0.36-0.58-0.14-0.33-0.460.02-0.52-0.17-0.42-0.55-0.4-0.31-0.270.181.0
0.820.870.740.780.750.810.820.580.830.710.810.630.770.81-0.460.080.850.760.740.810.840.810.80.38-0.45
0.360.430.190.330.330.340.440.040.350.310.360.20.460.290.020.080.390.330.180.360.370.350.360.60.02
0.760.980.550.680.620.720.980.280.790.640.760.510.770.69-0.520.850.390.690.60.780.840.730.740.57-0.51
0.920.740.840.930.910.90.680.790.930.840.890.630.720.9-0.170.760.330.690.850.80.910.90.960.6-0.17
0.90.640.930.920.90.890.580.870.870.810.880.870.610.91-0.420.740.180.60.850.840.870.890.910.32-0.43
0.950.790.910.930.90.950.780.690.930.810.970.850.650.95-0.550.810.360.780.80.840.960.950.910.28-0.55
0.990.860.890.960.930.970.830.70.980.890.980.770.760.96-0.40.840.370.840.910.870.960.970.970.49-0.4
0.990.770.950.990.971.00.730.80.960.890.990.780.710.98-0.310.810.350.730.90.890.950.970.970.42-0.32
0.990.780.920.990.970.970.710.820.980.930.970.780.780.98-0.270.80.360.740.960.910.910.970.970.52-0.27
0.450.650.210.440.370.40.580.140.470.510.390.030.710.360.180.380.60.570.60.320.280.490.420.520.19
-0.33-0.43-0.34-0.28-0.22-0.32-0.5-0.1-0.33-0.14-0.36-0.59-0.13-0.341.0-0.450.02-0.51-0.17-0.43-0.55-0.4-0.32-0.270.19
Click cells to compare fundamentals

ASE Industrial Account Relationship Matchups

ASE Industrial fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets583.9B672.9B707.1B666.6B766.6B804.9B
Short Long Term Debt Total203.2B221.6B201.3B178.2B204.9B109.5B
Other Current Liab54.1B71.0B86.5B103.5B119.1B125.0B
Total Current Liabilities172.5B210.9B222.3B222.3B255.7B268.5B
Total Stockholder Equity218.6B260.1B301.3B297.8B342.5B359.6B
Property Plant And Equipment Net241.8B250.5B279.3B284.6B327.3B343.6B
Net Debt151.7B143.7B136.5B110.9B127.5B72.5B
Retained Earnings30.1B69.7B91.6B95.8B110.2B115.7B
Accounts Payable73.3B84.5B79.0B70.3B80.9B84.9B
Cash51.5B76.1B58.0B67.3B77.4B81.2B
Non Current Assets Total359.3B380.6B406.7B405.2B466.0B489.3B
Non Currrent Assets Other14.0B25.4B25.3B26.9B31.0B32.5B
Cash And Short Term Investments56.4B79.1B65.6B71.4B82.1B41.6B
Net Receivables101.0B115.5B114.6B121.1B139.3B146.3B
Common Stock Shares Outstanding4.3B4.4B4.3B4.3B5.0B2.6B
Short Term Investments4.9B3.1B7.6B4.1B4.7B5.2B
Liabilities And Stockholders Equity583.9B672.9B707.1B666.6B766.6B804.9B
Non Current Liabilities Total177.1B187.4B164.9B126.1B145.0B83.9B
Inventory62.0B73.2B92.8B63.3B72.8B76.4B
Other Current Assets5.1B24.5B27.3B22.1B25.4B26.7B
Other Stockholder Equity154.5B130.4B143.1B160.8B184.9B194.1B
Total Liab349.6B398.3B387.1B348.5B400.7B420.8B
Property Plant And Equipment Gross241.9B241.8B250.5B279.3B321.2B337.2B
Total Current Assets224.6B292.4B300.4B261.3B300.5B315.6B
Accumulated Other Comprehensive Income14.7B15.9B23.0B(2.5B)(2.9B)(2.8B)
Short Term Debt41.3B55.5B56.8B35.8B41.2B32.6B
Common Stock43.5B44.1B43.7B43.8B50.4B57.9B
Other Liab12.6B20.3B23.1B20.5B23.5B24.7B
Other Assets18.5B19.3B30.8B9.9B11.4B6.4B
Long Term Debt172.2B157.4B164.3B137.8B158.5B166.4B
Good Will54.8B52.1B52.3B51.7B59.5B62.5B
Intangible Assets80.9B76.0B72.8B17.8B20.5B24.0B
Property Plant Equipment241.9B241.8B250.5B301.0B346.2B363.5B
Net Tangible Assets122.4B137.7B184.1B221.2B254.4B150.1B
Long Term Investments15.6B17.0B23.3B22.9B26.3B22.1B
Short Long Term Debt42.7B119.1B139.9B56.8B65.3B64.5B
Long Term Debt Total177.4B156.6B166.1B144.5B166.2B114.5B

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