PowerBand Book Value Per Share vs Price To Sales Ratio Analysis

PBX Stock  CAD 0.13  0.01  7.14%   
PowerBand Solutions financial indicator trend analysis is much more than just breaking down PowerBand Solutions prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PowerBand Solutions is a good investment. Please check the relationship between PowerBand Solutions Book Value Per Share and its Price To Sales Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PowerBand Solutions. 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.

Book Value Per Share vs Price To Sales Ratio

Book Value Per Share vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PowerBand Solutions Book Value Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between PowerBand Solutions' Book Value Per Share and Price To Sales Ratio is -0.33. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of PowerBand Solutions, assuming nothing else is changed. The correlation between historical values of PowerBand Solutions' Book Value Per Share 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 Book Value Per Share of PowerBand Solutions 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 Book Value Per Share i.e., PowerBand Solutions' Book Value Per Share and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing PowerBand Solutions stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on PowerBand Solutions sales, a figure that is much harder to manipulate than other PowerBand Solutions 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 PowerBand Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PowerBand Solutions 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 PowerBand Solutions. 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, PowerBand Solutions' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 5.45 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation1.6M1.2M913.0K1.1M
Total Operating Expenses35.6M28.2M24.6M18.7M

PowerBand Solutions fundamental ratios Correlations

-0.26-0.890.620.490.430.610.57-0.710.670.390.580.060.750.570.660.83-0.530.76-0.880.890.75-0.03-0.930.17-0.9
-0.260.0-0.07-0.2-0.070.04-0.160.07-0.33-0.07-0.26-0.34-0.06-0.280.0-0.190.09-0.030.11-0.07-0.04-0.490.14-0.380.08
-0.890.0-0.79-0.51-0.67-0.74-0.670.47-0.69-0.67-0.530.1-0.92-0.54-0.78-0.830.27-0.850.68-0.97-0.930.180.84-0.030.98
0.62-0.07-0.790.870.920.920.960.030.860.840.830.380.930.840.90.860.250.85-0.310.860.840.06-0.670.42-0.77
0.49-0.2-0.510.870.750.840.950.090.80.590.990.740.690.960.780.780.280.64-0.270.670.510.37-0.630.73-0.49
0.43-0.07-0.670.920.750.720.910.30.640.970.680.230.820.670.750.640.510.7-0.010.760.79-0.03-0.530.37-0.66
0.610.04-0.740.920.840.720.86-0.130.860.610.840.450.90.810.960.920.070.81-0.460.80.750.19-0.650.44-0.72
0.57-0.16-0.670.960.950.910.860.110.80.80.920.530.830.90.860.810.330.74-0.250.810.710.22-0.690.61-0.66
-0.710.070.470.030.090.3-0.130.11-0.220.32-0.040.19-0.2-0.06-0.12-0.380.97-0.290.93-0.37-0.210.080.540.220.46
0.67-0.33-0.690.860.80.640.860.8-0.220.540.810.560.830.890.770.91-0.030.85-0.490.730.70.16-0.60.39-0.67
0.39-0.07-0.670.840.590.970.610.80.320.540.510.020.790.510.670.530.490.640.050.720.81-0.11-0.440.2-0.67
0.58-0.26-0.530.830.990.680.840.92-0.040.810.510.750.680.960.790.830.150.64-0.390.690.50.42-0.70.76-0.52
0.06-0.340.10.380.740.230.450.530.190.560.020.750.140.760.320.420.270.23-0.040.07-0.080.52-0.180.790.11
0.75-0.06-0.920.930.690.820.90.83-0.20.830.790.680.140.680.930.910.010.9-0.490.930.96-0.04-0.730.23-0.92
0.57-0.28-0.540.840.960.670.810.9-0.060.890.510.960.760.680.710.830.140.72-0.380.670.510.27-0.640.63-0.5
0.660.0-0.780.90.780.750.960.86-0.120.770.670.790.320.930.710.90.070.78-0.460.850.810.2-0.720.48-0.8
0.83-0.19-0.830.860.780.640.920.81-0.380.910.530.830.420.910.830.9-0.170.9-0.670.880.810.12-0.830.45-0.84
-0.530.090.270.250.280.510.070.330.97-0.030.490.150.270.010.140.07-0.17-0.050.82-0.150.00.010.330.320.27
0.76-0.03-0.850.850.640.70.810.74-0.290.850.640.640.230.90.720.780.9-0.05-0.530.860.89-0.3-0.740.18-0.84
-0.880.110.68-0.31-0.27-0.01-0.46-0.250.93-0.490.05-0.39-0.04-0.49-0.38-0.46-0.670.82-0.53-0.64-0.44-0.040.78-0.050.67
0.89-0.07-0.970.860.670.760.80.81-0.370.730.720.690.070.930.670.850.88-0.150.86-0.640.92-0.07-0.910.26-0.97
0.75-0.04-0.930.840.510.790.750.71-0.210.70.810.5-0.080.960.510.810.810.00.89-0.440.92-0.25-0.720.08-0.95
-0.03-0.490.180.060.37-0.030.190.220.080.16-0.110.420.52-0.040.270.20.120.01-0.3-0.04-0.07-0.25-0.010.640.14
-0.930.140.84-0.67-0.63-0.53-0.65-0.690.54-0.6-0.44-0.7-0.18-0.73-0.64-0.72-0.830.33-0.740.78-0.91-0.72-0.01-0.40.86
0.17-0.38-0.030.420.730.370.440.610.220.390.20.760.790.230.630.480.450.320.18-0.050.260.080.64-0.4-0.1
-0.90.080.98-0.77-0.49-0.66-0.72-0.660.46-0.67-0.67-0.520.11-0.92-0.5-0.8-0.840.27-0.840.67-0.97-0.950.140.86-0.1
Click cells to compare fundamentals

PowerBand Solutions Account Relationship Matchups

PowerBand Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities6.1M9.3M11.1M7.3M18.5M19.4M
Net Tangible Assets1.0M(3.5M)(6.4M)(3.7M)(3.3M)(3.5M)
Retained Earnings(19.6M)(23.3M)(45.8M)(75.3M)(96.0M)(91.2M)
Accounts Payable1.5M1.5M2.4M2.8M1.7M1.5M
Net Receivables994.8K1.3M1.5M890.9K411.2K785.9K
Total Current Assets2.0M3.3M9.1M12.0M2.6M4.2M
Common Stock3.9M11.8M16.2M18.9M21.8M11.2M
Total Assets9.1M13.8M20.4M17.2M6.9M11.2M
Total Stockholder Equity(1.7M)(697.7K)3.9M8.0M(12.0M)(11.4M)
Cash243.0K1.4M5.1M10.1M1.8M3.0M
Non Current Assets Total7.1M10.5M11.3M5.2M4.3M6.6M
Common Stock Shares Outstanding105.8M137.5M198.2M298.8M299.3M172.2M
Non Current Liabilities Total4.4M3.7M4.8M2.5M2.0M2.8M
Other Current Assets272.8K569.9K631.9K751.9K864.7K489.8K
Total Liab10.5M13.0M15.9M9.9M20.5M11.1M
Net Invested Capital(189.9K)(443.0K)7.8M9.7M(9.3M)(8.8M)
Long Term Investments268.2K636.6K195.5K442.7K564.9K499.6K
Short Long Term Debt1.5M254.6K2.2M1.7M2.6M1.3M
Net Working Capital(4.1M)(5.9M)(2.0M)4.7M(15.9M)(15.1M)
Intangible Assets1.4M1.6M2.9M4.8M5.5M5.8M
Capital Stock16.2M18.9M43.9M65.7M65.8M40.7M

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Additional Tools for PowerBand Stock Analysis

When running PowerBand Solutions' price analysis, check to measure PowerBand Solutions' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PowerBand Solutions is operating at the current time. Most of PowerBand Solutions' value examination focuses on studying past and present price action to predict the probability of PowerBand Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PowerBand Solutions' price. Additionally, you may evaluate how the addition of PowerBand Solutions to your portfolios can decrease your overall portfolio volatility.