ESSA Price To Sales Ratio vs Roe Analysis
ESSA Stock | USD 20.30 0.15 0.74% |
ESSA Bancorp financial indicator trend analysis is much more than just examining ESSA Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESSA Bancorp is a good investment. Please check the relationship between ESSA Bancorp Price To Sales Ratio and its Roe accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSA Bancorp. 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. For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.
Price To Sales Ratio vs Roe
Price To Sales Ratio vs Roe Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESSA Bancorp Price To Sales Ratio account and Roe. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ESSA Bancorp's Price To Sales Ratio and Roe is 0.49. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Roe in the same time period over historical financial statements of ESSA Bancorp, assuming nothing else is changed. The correlation between historical values of ESSA Bancorp's Price To Sales Ratio and Roe 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 ESSA Bancorp are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Price To Sales Ratio i.e., ESSA Bancorp's Price To Sales Ratio and Roe go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing ESSA Bancorp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on ESSA Bancorp sales, a figure that is much harder to manipulate than other ESSA Bancorp 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.Roe
Most indicators from ESSA Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESSA Bancorp 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 ESSA Bancorp. 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. For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.62, whereas Selling General Administrative is forecasted to decline to about 22 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 68.2M | 69.3M | 111.6M | 117.1M | Interest Expense | 3.0M | 23.9M | 11.9M | 12.3M |
ESSA Bancorp fundamental ratios Correlations
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ESSA Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ESSA Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 1.9B | 1.9B | 2.3B | 2.2B | 1.5B | |
Total Stockholder Equity | 191.4M | 201.8M | 212.3M | 219.7M | 230.4M | 173.8M | |
Property Plant And Equipment Net | 14.2M | 13.6M | 13.1M | 12.9M | 11.3M | 14.1M | |
Net Debt | (30.0M) | (152.6M) | 202.9M | 289.3M | 290M | 219.3M | |
Cash | 155.9M | 158.9M | 27.9M | 85.4M | 98.2M | 103.1M | |
Non Current Assets Total | 241.3M | 290.0M | 293.1M | 413.1M | 2.1B | 2.2B | |
Non Currrent Assets Other | (6.0M) | (4.6M) | (5.4M) | (6.9M) | 2.1B | 2.2B | |
Other Assets | 1.3B | 1.2B | 1.3B | 1.5B | 1.7B | 1.2B | |
Cash And Short Term Investments | 368.4M | 399.5M | 236.6M | 419.5M | 482.4M | 506.5M | |
Common Stock Shares Outstanding | 10.3M | 9.9M | 9.8M | 9.7M | 9.5M | 10.1M | |
Liabilities And Stockholders Equity | 1.9B | 1.9B | 1.9B | 2.3B | 2.2B | 1.5B | |
Other Stockholder Equity | 82.7M | 76.6M | 75.9M | 77.2M | 78.9M | 73.3M | |
Total Liab | 1.7B | 1.7B | 1.6B | 374.7M | 2.0B | 1.2B | |
Property Plant And Equipment Gross | 14.2M | 36.0M | 36.1M | 36.8M | 42.3M | 44.4M | |
Total Current Assets | 368.4M | 399.5M | 236.6M | 419.5M | 51.8M | 49.2M | |
Short Long Term Debt Total | 125.9M | 6.4M | 230.8M | 374.7M | 290M | 220.0M | |
Total Current Liabilities | 111.7M | 1.4B | 230.8M | 374.7M | 280M | 188.0M | |
Other Liab | 17.8M | 18.4M | 23.5M | 23.2M | 26.7M | 15.6M | |
Retained Earnings | 112.6M | 124.3M | 139.1M | 151.9M | 163.5M | 98.1M | |
Accounts Payable | 1.3B | 1.5B | 1.6B | 1.4B | 1.6B | 1.0B | |
Net Receivables | 1.4B | 1.3B | 1.4B | 1.7B | 1.9B | 1.1B | |
Short Term Investments | 212.5M | 240.6M | 208.6M | 334.1M | 384.2M | 289.6M | |
Non Current Liabilities Total | 14.2M | 267.8M | 230.8M | 1.7B | 1.7B | 1.8B | |
Inventory | (1.6B) | (1.5B) | (1.5B) | (1.8B) | (1.6B) | (1.7B) | |
Accumulated Other Comprehensive Income | (4.1M) | 682K | (2.9M) | (9.5M) | (12.1M) | (11.5M) | |
Short Term Debt | 111.7M | 813K | 230.8M | 374.7M | 280M | 294M | |
Intangible Assets | 791K | 520K | 281K | 91K | 104.7K | 99.4K | |
Property Plant Equipment | 14.6M | 14.5M | 13.6M | 13.2M | 15.1M | 16.1M | |
Treasury Stock | (85.2M) | (91.5M) | (98.1M) | (99.8M) | (89.8M) | (94.3M) | |
Other Current Liab | (111.7M) | 1.4B | (230.8M) | (374.7M) | (337.2M) | (320.3M) | |
Net Tangible Assets | 174.6M | 176.8M | 187.5M | 198.3M | 228.0M | 185.2M | |
Retained Earnings Total Equity | 102.5M | 112.6M | 124.3M | 139.1M | 160.0M | 102.4M | |
Capital Surpluse | 181.2M | 181.5M | 181.7M | 182.2M | 209.5M | 198.5M | |
Other Current Assets | 156.2M | 159.4M | 28.0M | 88.7M | 51.8M | 49.2M | |
Long Term Investments | 1.6B | 262.1M | 265.9M | 386.3M | 347.7M | 330.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ESSA Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESSA Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Essa Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Essa Bancorp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSA Bancorp. 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. For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ESSA Bancorp. If investors know ESSA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ESSA Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.06) | Dividend Share 0.6 | Earnings Share 1.78 | Revenue Per Share 7.127 | Quarterly Revenue Growth (0.04) |
The market value of ESSA Bancorp is measured differently than its book value, which is the value of ESSA that is recorded on the company's balance sheet. Investors also form their own opinion of ESSA Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ESSA Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ESSA Bancorp's market value can be influenced by many factors that don't directly affect ESSA Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ESSA Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESSA Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESSA Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.