Dentalcorp Price To Sales Ratio vs Pb Ratio Analysis
DNTL Stock | 9.11 0.02 0.22% |
Dentalcorp Holdings financial indicator trend analysis is much more than just examining dentalcorp Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether dentalcorp Holdings is a good investment. Please check the relationship between Dentalcorp Holdings Price To Sales Ratio and its Pb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in dentalcorp Holdings. 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 dentalcorp Holdings Price To Sales Ratio account and Pb Ratio. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dentalcorp Holdings' Price To Sales Ratio and Pb Ratio is 0.94. 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 dentalcorp Holdings, assuming nothing else is changed. The correlation between historical values of Dentalcorp Holdings' 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 dentalcorp Holdings 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., Dentalcorp Holdings' Price To Sales Ratio and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing dentalcorp Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Dentalcorp Holdings sales, a figure that is much harder to manipulate than other dentalcorp Holdings 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 Dentalcorp Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into dentalcorp Holdings 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in dentalcorp Holdings. 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, Dentalcorp Holdings' Sales General And Administrative To Revenue is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value is likely to grow to about 3.7 B, while Tax Provision is likely to drop (17.7 M).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 158.5M | 190.3M | 203.1M | 163.6M | Interest Income | 1.2M | 64M | 3.6M | 3.4M |
Dentalcorp Holdings fundamental ratios Correlations
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Dentalcorp Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Other Information on Investing in Dentalcorp Stock
Balance Sheet is a snapshot of the financial position of dentalcorp Holdings at a specified time, usually calculated after every quarter, six months, or one year. Dentalcorp Holdings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dentalcorp Holdings 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 Dentalcorp currently owns. An asset can also be divided into two categories, current and non-current.