POET Ptb Ratio vs Price To Sales Ratio Analysis

PTK Stock  CAD 5.60  0.03  0.53%   
POET Technologies financial indicator trend analysis is much more than just breaking down POET Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether POET Technologies is a good investment. Please check the relationship between POET Technologies Ptb Ratio 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 POET Technologies. 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.
For more information on how to buy POET Stock please use our How to Invest in POET Technologies guide.

Ptb Ratio vs Price To Sales Ratio

Ptb Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of POET Technologies Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between POET Technologies' Ptb Ratio and Price To Sales Ratio is -0.1. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of POET Technologies, assuming nothing else is changed. The correlation between historical values of POET Technologies' Ptb Ratio 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 Ptb Ratio of POET Technologies 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 Ptb Ratio i.e., POET Technologies' Ptb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing POET Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on POET Technologies sales, a figure that is much harder to manipulate than other POET Technologies 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 POET Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into POET Technologies 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 POET Technologies. 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.
For more information on how to buy POET Stock please use our How to Invest in POET Technologies guide.At this time, POET Technologies' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 63.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 7.9 M in 2024.

POET Technologies fundamental ratios Correlations

0.40.280.950.77-0.5-0.420.30.540.780.450.550.260.50.310.330.420.760.360.130.370.020.120.83-0.260.59
0.40.10.360.5-0.3-0.510.30.240.440.210.29-0.20.5-0.180.310.240.170.31-0.280.450.24-0.290.40.160.58
0.280.10.120.350.26-0.620.8-0.080.160.23-0.070.490.590.510.730.950.28-0.060.070.32-0.540.030.17-0.550.62
0.950.360.120.71-0.59-0.220.160.620.740.380.630.220.290.270.190.260.80.420.20.260.060.210.79-0.190.47
0.770.50.350.71-0.17-0.460.520.180.970.70.150.010.520.090.440.580.26-0.030.090.310.040.080.950.00.61
-0.5-0.30.26-0.59-0.170.110.13-0.97-0.20.19-0.950.37-0.120.370.010.22-0.61-0.560.03-0.21-0.270.03-0.28-0.37-0.28
-0.42-0.51-0.62-0.22-0.460.11-0.62-0.19-0.28-0.36-0.22-0.09-0.99-0.11-0.74-0.66-0.24-0.210.4-0.580.150.44-0.320.19-0.93
0.30.30.80.160.520.13-0.62-0.060.340.39-0.050.20.60.230.840.810.13-0.06-0.140.32-0.5-0.160.32-0.230.65
0.540.24-0.080.620.18-0.97-0.19-0.060.18-0.20.97-0.250.2-0.260.08-0.060.710.570.030.250.170.020.270.240.36
0.780.440.160.740.97-0.2-0.280.340.180.730.15-0.040.350.040.240.40.23-0.010.170.230.150.170.980.070.43
0.450.210.230.380.70.19-0.360.39-0.20.73-0.180.030.430.130.280.36-0.04-0.070.070.2-0.030.060.72-0.030.4
0.550.29-0.070.630.15-0.95-0.22-0.050.970.15-0.18-0.230.23-0.240.13-0.060.740.74-0.070.220.07-0.080.240.210.39
0.26-0.20.490.220.010.37-0.090.2-0.25-0.040.03-0.230.120.990.180.410.46-0.10.20.05-0.360.2-0.01-0.990.13
0.50.50.590.290.52-0.12-0.990.60.20.350.430.230.120.150.710.640.280.22-0.380.58-0.13-0.420.4-0.220.93
0.31-0.180.510.270.090.37-0.110.23-0.260.040.13-0.240.990.150.190.440.47-0.10.220.07-0.360.230.07-0.980.16
0.330.310.730.190.440.01-0.740.840.080.240.280.130.180.710.190.780.260.21-0.180.52-0.42-0.220.23-0.240.78
0.420.240.950.260.580.22-0.660.81-0.060.40.36-0.060.410.640.440.780.26-0.090.10.38-0.420.060.41-0.450.7
0.760.170.280.80.26-0.61-0.240.130.710.23-0.040.740.460.280.470.260.260.590.140.26-0.160.130.33-0.470.46
0.360.31-0.060.42-0.03-0.56-0.21-0.060.57-0.01-0.070.74-0.10.22-0.10.21-0.090.59-0.320.06-0.24-0.330.020.060.31
0.13-0.280.070.20.090.030.4-0.140.030.170.07-0.070.2-0.380.22-0.180.10.14-0.320.30.411.00.14-0.12-0.26
0.370.450.320.260.31-0.21-0.580.320.250.230.20.220.050.580.070.520.380.260.060.30.450.270.21-0.090.59
0.020.24-0.540.060.04-0.270.15-0.50.170.15-0.030.07-0.36-0.13-0.36-0.42-0.42-0.16-0.240.410.450.410.120.4-0.16
0.12-0.290.030.210.080.030.44-0.160.020.170.06-0.080.2-0.420.23-0.220.060.13-0.331.00.270.410.14-0.12-0.3
0.830.40.170.790.95-0.28-0.320.320.270.980.720.24-0.010.40.070.230.410.330.020.140.210.120.140.030.48
-0.260.16-0.55-0.190.0-0.370.19-0.230.240.07-0.030.21-0.99-0.22-0.98-0.24-0.45-0.470.06-0.12-0.090.4-0.120.03-0.21
0.590.580.620.470.61-0.28-0.930.650.360.430.40.390.130.930.160.780.70.460.31-0.260.59-0.16-0.30.48-0.21
Click cells to compare fundamentals

POET Technologies Account Relationship Matchups

POET Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.1M11.6M27.2M15.4M8.8M17.0M
Other Current Liab218.1K127.1K803.7K638.9K930.8K530.9K
Total Current Liabilities4.9M5.4M1.9M3.8M2.5M1.9M
Total Stockholder Equity19.0M5.8M25.0M11.4M4.9M4.7M
Property Plant And Equipment Net3.4M3.7M3.4M5.3M5.1M3.3M
Net Debt1.9M(2.8M)(14.6M)(8.9M)(2.5M)(2.6M)
Retained Earnings(139.1M)(157.3M)(173.0M)(194.0M)(214.3M)(203.6M)
Accounts Payable1.5M1.6M987.5K2.7M1.4M974.3K
Cash1.4M6.9M14.9M9.2M3.0M2.9M
Non Current Assets Total3.8M4.1M5.4M5.8M5.6M5.4M
Cash And Short Term Investments1.4M6.9M21.3M9.2M3.0M2.9M
Net Receivables18.1M122.4K141.6K191.2K57.2K54.3K
Common Stock Shares Outstanding28.8M29.2M34.5M36.7M40.1M42.1M
Liabilities And Stockholders Equity24.1M11.6M27.2M15.4M8.8M17.0M
Other Current Assets18.8M618.7K480.5K275.5K150.7K143.1K
Other Stockholder Equity48.0M50.5M52.3M56.9M56.1M40.8M
Total Liab5.0M5.8M2.2M3.9M3.8M2.4M
Total Current Assets20.3M7.5M21.8M9.6M3.2M3.0M
Accumulated Other Comprehensive Income(1.9M)(2.0M)(2.1M)(2.7M)(2.6M)(2.5M)
Non Current Liabilities Total133.3K429.4K258.3K128.3K1.3M1.4M
Intangible Assets452.4K438.7K528.5K510.7K502.1K512.9K
Inventory(18.1M)(122.4K)(141.6K)(128.3K)(57.2K)(54.3K)
Common Stock112.1M114.6M147.7M151.2M165.7M104.6M
Net Tangible Assets12.1M18.6M5.4M24.4M28.1M15.8M
Property Plant Equipment9.3M3.4M3.7M3.4M3.9M4.9M
Net Invested Capital22.1M9.4M25.0M11.5M5.0M4.7M
Net Working Capital15.4M2.1M19.9M5.8M633.1K601.5K
Capital Stock112.1M114.6M147.7M151.2M165.7M147.3M

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Additional Tools for POET Stock Analysis

When running POET Technologies' price analysis, check to measure POET Technologies' 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 POET Technologies is operating at the current time. Most of POET Technologies' value examination focuses on studying past and present price action to predict the probability of POET Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POET Technologies' price. Additionally, you may evaluate how the addition of POET Technologies to your portfolios can decrease your overall portfolio volatility.