OSI Price To Sales Ratio vs Ptb Ratio Analysis

OSIS Stock  USD 177.40  2.89  1.66%   
OSI Systems financial indicator trend analysis is much more than just breaking down OSI Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OSI Systems is a good investment. Please check the relationship between OSI Systems Price To Sales Ratio and its Ptb Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OSI Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy OSI Stock please use our How to Invest in OSI Systems guide.

Price To Sales Ratio vs Ptb Ratio

Price To Sales Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OSI Systems Price To Sales Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have very strong relationship.
The correlation between OSI Systems' Price To Sales Ratio and Ptb Ratio is 0.88. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of OSI Systems, assuming nothing else is changed. The correlation between historical values of OSI Systems' Price To Sales Ratio and Ptb 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 OSI Systems are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Price To Sales Ratio i.e., OSI Systems' Price To Sales Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Price To Sales Ratio

Price to Sales Ratio is figured by comparing OSI Systems stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on OSI Systems sales, a figure that is much harder to manipulate than other OSI Systems 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.

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.
Most indicators from OSI Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OSI Systems 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OSI Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy OSI Stock please use our How to Invest in OSI Systems guide.Enterprise Value is likely to gain to about 2.6 B in 2024, whereas Selling General Administrative is likely to drop slightly above 158.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit424.4M430.5M530.5M265.6M
Total Revenue1.2B1.3B1.5B1.6B

OSI Systems fundamental ratios Correlations

0.880.640.940.97-0.010.870.940.940.320.94-0.130.320.910.350.50.970.21-0.710.990.690.970.79-0.490.69-0.47
0.880.530.870.75-0.380.980.870.830.440.86-0.430.440.820.010.540.82-0.18-0.650.940.370.840.79-0.680.79-0.67
0.640.530.470.60.170.520.540.480.330.80.090.330.360.430.790.650.35-0.070.650.340.490.23-0.170.84-0.17
0.940.870.470.89-0.110.880.940.930.190.83-0.180.20.930.160.230.930.19-0.80.940.740.960.94-0.620.57-0.6
0.970.750.60.890.150.730.910.90.290.890.040.290.880.470.40.950.32-0.70.910.780.960.74-0.360.55-0.34
-0.01-0.380.17-0.110.15-0.37-0.21-0.1-0.120.020.6-0.12-0.160.77-0.010.050.770.19-0.110.44-0.03-0.270.72-0.250.73
0.870.980.520.880.73-0.370.880.860.270.85-0.490.270.84-0.070.50.8-0.12-0.670.930.410.830.81-0.750.77-0.74
0.940.870.540.940.91-0.210.880.930.210.87-0.230.210.930.090.350.90.09-0.730.930.670.930.86-0.710.65-0.7
0.940.830.480.930.9-0.10.860.930.130.84-0.290.130.950.190.380.910.19-0.780.940.680.950.81-0.580.57-0.56
0.320.440.330.190.29-0.120.270.210.130.380.111.00.110.330.50.33-0.34-0.050.33-0.120.260.150.060.520.06
0.940.860.80.830.890.020.850.870.840.38-0.160.380.740.380.680.920.16-0.460.950.560.840.63-0.450.84-0.44
-0.13-0.430.09-0.180.040.6-0.49-0.23-0.290.11-0.160.11-0.270.54-0.240.00.460.18-0.240.17-0.11-0.250.6-0.320.6
0.320.440.330.20.29-0.120.270.210.131.00.380.110.110.330.50.33-0.34-0.050.33-0.120.260.150.060.520.06
0.910.820.360.930.88-0.160.840.930.950.110.74-0.270.110.090.230.840.15-0.910.890.680.970.87-0.610.45-0.58
0.350.010.430.160.470.77-0.070.090.190.330.380.540.330.090.330.430.540.040.250.430.29-0.040.60.130.61
0.50.540.790.230.4-0.010.50.350.380.50.68-0.240.50.230.330.43-0.040.030.55-0.060.33-0.01-0.080.82-0.09
0.970.820.650.930.950.050.80.90.910.330.920.00.330.840.430.430.25-0.650.950.710.940.79-0.420.66-0.4
0.21-0.180.350.190.320.77-0.120.090.19-0.340.160.46-0.340.150.54-0.040.25-0.10.120.670.220.070.32-0.10.33
-0.71-0.65-0.07-0.8-0.70.19-0.67-0.73-0.78-0.05-0.460.18-0.05-0.910.040.03-0.65-0.1-0.69-0.55-0.84-0.810.5-0.170.47
0.990.940.650.940.91-0.110.930.930.940.330.95-0.240.330.890.250.550.950.12-0.690.60.950.8-0.560.75-0.54
0.690.370.340.740.780.440.410.670.68-0.120.560.17-0.120.680.43-0.060.710.67-0.550.60.730.68-0.20.16-0.18
0.970.840.490.960.96-0.030.830.930.950.260.84-0.110.260.970.290.330.940.22-0.840.950.730.85-0.490.53-0.46
0.790.790.230.940.74-0.270.810.860.810.150.63-0.250.150.87-0.04-0.010.790.07-0.810.80.680.85-0.690.42-0.67
-0.49-0.68-0.17-0.62-0.360.72-0.75-0.71-0.580.06-0.450.60.06-0.610.6-0.08-0.420.320.5-0.56-0.2-0.49-0.69-0.491.0
0.690.790.840.570.55-0.250.770.650.570.520.84-0.320.520.450.130.820.66-0.1-0.170.750.160.530.42-0.49-0.49
-0.47-0.67-0.17-0.6-0.340.73-0.74-0.7-0.560.06-0.440.60.06-0.580.61-0.09-0.40.330.47-0.54-0.18-0.46-0.671.0-0.49
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OSI Systems Account Relationship Matchups

OSI Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.4B1.4B1.6B1.9B2.0B
Short Long Term Debt Total327.0M277.3M353.2M359.6M521.6M547.6M
Other Current Liab157.1M159.8M156.5M174.7M161.2M91.6M
Total Current Liabilities330.1M344.8M614.0M571.7M814.6M855.4M
Total Stockholder Equity572.2M639.8M638.4M726.2M863.5M906.7M
Property Plant And Equipment Net127.9M118.0M109.7M108.9M114.0M98.2M
Net Debt250.9M196.7M289.0M282.8M426.2M447.5M
Retained Earnings474.8M548.8M663.9M736.0M861.2M904.3M
Accounts Payable84.9M141.3M125.2M139.0M191.1M200.7M
Cash76.1M80.6M64.2M76.8M95.4M61.2M
Non Current Assets Total650.8M675.0M697.0M715.8M720.5M756.5M
Non Currrent Assets Other84.0M109.0M101.5M116.5M112.2M108.6M
Cash And Short Term Investments76.1M80.6M64.2M76.8M95.4M61.6M
Net Receivables269.8M290.7M308.0M380.8M648.2M680.6M
Common Stock Shares Outstanding18.6M18.4M17.9M17.2M17.4M18.3M
Liabilities And Stockholders Equity1.3B1.4B1.4B1.6B1.9B2.0B
Non Current Liabilities Total366.3M399.8M190.8M257.8M257.9M142.5M
Inventory241.2M294.2M333.9M338.0M397.9M417.8M
Other Current Assets30.5M43.9M72.3M44.3M74.1M39.5M
Other Stockholder Equity(25.2M)(14.7M)(25.5M)(19.6M)(839.2M)(797.2M)
Total Liab696.4M744.5M804.7M829.5M1.1B1.1B
Property Plant And Equipment Gross127.9M118.0M267.0M282.7M293.1M307.7M
Total Current Assets617.7M709.4M746.1M839.9M1.2B1.3B
Accumulated Other Comprehensive Income(25.2M)(14.7M)(25.5M)(19.6M)(22.0M)(20.9M)
Short Term Debt59.9M846K304.6M223.1M391.5M411.1M
Common Stock Total Equity122.6M105.7M17K9.8M11.3M10.7M
Intangible Assets128.3M127.6M138.4M140.9M139.5M72.0M
Common Stock122.6M105.7M17K9.8M24.3M23.1M
Other Assets56.1M109.0M73.1M83.9M96.5M101.3M
Long Term Debt267.1M276.4M48.7M136.5M129.4M79.9M
Property Plant Equipment155.9M118.0M109.7M108.9M125.3M105.3M
Other Liab79.5M123.4M111.7M97.6M112.2M65.8M
Current Deferred Revenue28.2M38.5M19.9M21.3M53.4M36.3M
Good Will310.6M320.3M336.4M349.5M351.5M369.1M
Net Tangible Assets133.2M191.9M163.7M235.8M212.2M197.6M
Retained Earnings Total Equity474.8M548.8M663.9M736.0M846.4M437.9M
Long Term Debt Total267.1M276.4M48.7M136.5M157.0M138.9M
Deferred Long Term Liab5.8M7.2M11.1M6.6M5.9M5.6M
Non Current Liabilities Other93.4M123.4M131.0M121.3M125.2M109.5M
Short Long Term Debt59.9M846K304.6M223.1M392.2M411.8M

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