Performance Price To Sales Ratio vs Net Income Per Share Analysis
PSHG Stock | USD 1.80 0.02 1.12% |
Performance Shipping financial indicator trend analysis is much more than just breaking down Performance Shipping prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Performance Shipping is a good investment. Please check the relationship between Performance Shipping Price To Sales Ratio and its Net Income Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performance Shipping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in Performance Stock please use our How to Invest in Performance Shipping guide.
Price To Sales Ratio vs Net Income Per Share
Price To Sales Ratio vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Performance Shipping Price To Sales Ratio account and Net Income Per Share. At this time, the significance of the direction appears to have no relationship.
The correlation between Performance Shipping's Price To Sales Ratio and Net Income Per Share is 0.06. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Performance Shipping, assuming nothing else is changed. The correlation between historical values of Performance Shipping's Price To Sales Ratio and Net Income Per Share 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 Performance Shipping are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Price To Sales Ratio i.e., Performance Shipping's Price To Sales Ratio and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Performance Shipping stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Performance Shipping sales, a figure that is much harder to manipulate than other Performance Shipping 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.Net Income Per Share
Most indicators from Performance Shipping's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Performance Shipping 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 Performance Shipping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in Performance Stock please use our How to Invest in Performance Shipping guide.At this time, Performance Shipping's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Performance Shipping's current Enterprise Value Multiple is estimated to increase to 0.13, while Issuance Of Capital Stock is projected to decrease to roughly 11.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 36.5M | 75.2M | 108.9M | 114.4M | Interest Expense | 1.8M | 4.0M | 9.6M | 5.8M |
Performance Shipping fundamental ratios Correlations
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Performance Shipping Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Performance Shipping fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 130.6M | 157.9M | 144.9M | 293.0M | 296.3M | 196.3M | |
Other Current Liab | 1.7M | 1.5M | 1.6M | 3.3M | 3.2M | 3.4M | |
Total Current Liabilities | 8.1M | 10.8M | 15.2M | 26.1M | 15.3M | 27.6M | |
Total Stockholder Equity | 94.2M | 96.8M | 87.3M | 155.7M | 233.2M | 124.3M | |
Property Plant And Equipment Net | 83.9M | 129.2M | 123.2M | 236.8M | 213.6M | 159.3M | |
Net Debt | 5.9M | 36.3M | 40.3M | 89.1M | (12.3M) | (11.7M) | |
Retained Earnings | (365.2M) | (360.4M) | (370.1M) | (358.0M) | (301.1M) | (316.2M) | |
Accounts Payable | 2.0M | 1.5M | 5.7M | 4.6M | 4.6M | 2.7M | |
Cash | 26.4M | 21.4M | 9.6M | 38.7M | 67.3M | 33.9M | |
Non Current Assets Total | 93.2M | 136.5M | 135.4M | 239.5M | 216.4M | 167.7M | |
Non Currrent Assets Other | 9.3M | 7.2M | 12.2M | 1.6M | 1.8M | 1.7M | |
Cash And Short Term Investments | 26.4M | 21.4M | 9.6M | 38.7M | 67.3M | 33.9M | |
Net Receivables | 4.7M | 3.5M | 3.8M | 9.1M | 8.3M | 8.7M | |
Common Stock Total Equity | 40K | 143K | 489K | 51K | 45.9K | 43.6K | |
Common Stock Shares Outstanding | 191.0K | 329.7K | 335.1K | 6.4M | 35.5M | 37.3M | |
Liabilities And Stockholders Equity | 130.6M | 157.9M | 144.9M | 293.0M | 296.3M | 196.3M | |
Non Current Liabilities Total | 36.3M | 61.1M | 57.6M | 111.2M | 47.7M | 56.0M | |
Inventory | 2.8M | 2.0M | 4.3M | 3.0M | 2.2M | 2.6M | |
Other Current Assets | 1.4M | 1.6M | 1.8M | 2.6M | 2.2M | 1.8M | |
Other Stockholder Equity | 458.9M | 457.2M | 457.4M | 513.6M | 534.1M | 409.8M | |
Total Liab | 36.3M | 61.1M | 57.6M | 137.3M | 63.1M | 72.1M | |
Total Current Assets | 37.4M | 21.4M | 9.6M | 53.5M | 79.9M | 83.9M | |
Accumulated Other Comprehensive Income | 69K | 8K | (2K) | 66K | 49K | 51.5K | |
Common Stock | 143K | 489K | 51K | 42K | 123K | 198.1K | |
Other Liab | 1.6M | 146K | 251K | 262K | 301.3K | 458.9K | |
Net Tangible Assets | 95.6M | 94.2M | 96.8M | 87.3M | 78.6M | 95.4M | |
Other Assets | 1.2M | 34.6M | 2.2M | 1.0 | 0.9 | 0.86 | |
Deferred Long Term Liab | 2.1M | 1.2M | 17K | 1.4M | 1.3M | 1.3M | |
Property Plant Equipment | 86.9M | 60.6M | 129.4M | 123.3M | 110.9M | 140.5M | |
Non Current Liabilities Other | 146K | 251K | 262K | 9.6M | 214K | 203.3K | |
Net Invested Capital | 126.5M | 154.5M | 137.2M | 127.7M | 288.1M | 181.9M | |
Net Working Capital | 27.3M | 17.6M | 4.2M | 27.4M | 64.6M | 67.8M |
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When determining whether Performance Shipping is a strong investment it is important to analyze Performance Shipping's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Performance Shipping's future performance. For an informed investment choice regarding Performance Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performance Shipping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in Performance Stock please use our How to Invest in Performance Shipping guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Marine Transportation 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 Performance Shipping. If investors know Performance 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 Performance Shipping 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 0.179 | Earnings Share 1.54 | Revenue Per Share 7.294 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0833 |
The market value of Performance Shipping is measured differently than its book value, which is the value of Performance that is recorded on the company's balance sheet. Investors also form their own opinion of Performance Shipping's value that differs from its market value or its book value, called intrinsic value, which is Performance Shipping'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 Performance Shipping's market value can be influenced by many factors that don't directly affect Performance Shipping'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 Performance Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Performance Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Performance Shipping'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.