RGC Price To Sales Ratio vs Pb Ratio Analysis

RGCO Stock

USD 21.37 1.15 5.69%

RGC Resources financial indicator trend analysis is much more than just breaking down RGC Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RGC Resources is a good investment. Please check the relationship between RGC Resources Price To Sales Ratio and its Pb Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RGC Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in RGC Stock, please use our How to Invest in RGC Resources guide.

Price To Sales Ratio vs Pb Ratio

Price To Sales Ratio vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RGC Resources Price To Sales Ratio account and Pb Ratio. At this time, the significance of the direction appears to have very strong relationship.

The correlation between RGC Resources' Price To Sales Ratio and Pb Ratio is 0.87. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of RGC Resources, assuming nothing else is changed. The correlation between historical values of RGC Resources' Price To Sales Ratio and Pb 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 RGC Resources are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Price To Sales Ratio i.e., RGC Resources' Price To Sales Ratio and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Price To Sales Ratio

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

Pb Ratio

Most indicators from RGC Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RGC Resources 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 RGC Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in RGC Stock, please use our How to Invest in RGC Resources guide.At this time, RGC Resources' Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Tax Provision is likely to grow to about 3.3 M, while Issuance Of Capital Stock is likely to drop about 4.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	26.2M	29.8M	34.2M	35.4M
Total Revenue	84.2M	97.4M	112.1M	85.2M

Gross Profit Total Revenue

RGC Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue
Total Assets		0.98	0.52	0.42	0.99	0.99	0.97	-0.15	0.32	-0.02	1.0	0.08	-0.02	0.34	0.97	0.78	0.99	0.44	0.76	0.7	1.0	0.99	0.5	0.03	0.97	-0.33
Short Long Term Debt Total	0.98		0.45	0.33	0.96	0.96	0.99	-0.23	0.35	-0.05	0.98	-0.03	-0.05	0.33	0.94	0.72	0.99	0.43	0.79	0.77	0.99	0.96	0.48	-0.06	0.94	-0.22
Other Current Liab	0.52	0.45		0.7	0.58	0.56	0.46	-0.34	0.32	0.12	0.5	0.37	0.12	0.4	0.57	0.63	0.44	0.5	0.56	0.57	0.49	0.56	0.51	0.34	0.58	0.05
Total Current Liabilities	0.42	0.33	0.7		0.49	0.46	0.29	-0.29	0.11	0.37	0.38	-0.08	0.37	0.29	0.42	0.64	0.29	0.5	0.57	0.43	0.39	0.46	0.63	0.81	0.43	-0.28
Total Stockholder Equity	0.99	0.96	0.58	0.49		0.98	0.94	-0.16	0.3	0.02	0.99	0.11	0.02	0.35	0.98	0.79	0.97	0.48	0.75	0.69	0.99	0.98	0.54	0.1	0.98	-0.37
Property Plant And Equipment Net	0.99	0.96	0.56	0.46	0.98		0.96	-0.29	0.31	-0.03	0.98	0.07	-0.03	0.29	0.98	0.79	0.96	0.53	0.76	0.75	0.98	1.0	0.54	0.07	0.98	-0.31
Net Debt	0.97	0.99	0.46	0.29	0.94	0.96		-0.27	0.35	-0.12	0.97	-0.01	-0.12	0.28	0.93	0.7	0.98	0.42	0.79	0.79	0.97	0.96	0.43	-0.1	0.93	-0.14
Retained Earnings	-0.15	-0.23	-0.34	-0.29	-0.16	-0.29	-0.27		-0.27	-0.18	-0.12	0.34	-0.18	-0.06	-0.24	-0.17	-0.11	-0.68	-0.26	-0.74	-0.15	-0.29	-0.48	-0.08	-0.26	-0.24
Accounts Payable	0.32	0.35	0.32	0.11	0.3	0.31	0.35	-0.27		0.21	0.29	-0.15	0.21	0.73	0.29	0.24	0.33	0.6	0.3	0.46	0.33	0.31	0.58	-0.44	0.29	0.0
Cash	-0.02	-0.05	0.12	0.37	0.02	-0.03	-0.12	-0.18	0.21		-0.08	-0.25	1.0	0.66	0.03	0.09	-0.08	0.41	-0.01	0.1	-0.04	-0.03	0.7	0.26	0.03	-0.46
Non Current Assets Total	1.0	0.98	0.5	0.38	0.99	0.98	0.97	-0.12	0.29	-0.08		0.11	-0.08	0.3	0.96	0.76	0.99	0.39	0.75	0.67	1.0	0.98	0.44	0.01	0.96	-0.31
Non Currrent Assets Other	0.08	-0.03	0.37	-0.08	0.11	0.07	-0.01	0.34	-0.15	-0.25	0.11		-0.25	0.0	0.17	0.12	0.09	-0.19	-0.17	-0.27	0.07	0.07	-0.29	-0.07	0.16	-0.01
Cash And Short Term Investments	-0.02	-0.05	0.12	0.37	0.02	-0.03	-0.12	-0.18	0.21	1.0	-0.08	-0.25		0.66	0.03	0.09	-0.08	0.41	-0.01	0.1	-0.04	-0.03	0.7	0.26	0.03	-0.46
Net Receivables	0.34	0.33	0.4	0.29	0.35	0.29	0.28	-0.06	0.73	0.66	0.3	0.0	0.66		0.34	0.39	0.33	0.54	0.34	0.32	0.33	0.29	0.75	-0.14	0.33	-0.32
Common Stock Total Equity	0.97	0.94	0.57	0.42	0.98	0.98	0.93	-0.24	0.29	0.03	0.96	0.17	0.03	0.34		0.79	0.95	0.53	0.69	0.68	0.96	0.98	0.54	0.04	1.0	-0.39
Common Stock Shares Outstanding	0.78	0.72	0.63	0.64	0.79	0.79	0.7	-0.17	0.24	0.09	0.76	0.12	0.09	0.39	0.79		0.75	0.6	0.73	0.53	0.77	0.79	0.6	0.3	0.79	-0.38
Non Current Liabilities Total	0.99	0.99	0.44	0.29	0.97	0.96	0.98	-0.11	0.33	-0.08	0.99	0.09	-0.08	0.33	0.95	0.75		0.39	0.74	0.67	0.99	0.96	0.43	-0.09	0.95	-0.3
Inventory	0.44	0.43	0.5	0.5	0.48	0.53	0.42	-0.68	0.6	0.41	0.39	-0.19	0.41	0.54	0.53	0.6	0.39		0.37	0.64	0.43	0.53	0.87	0.05	0.53	-0.31
Other Current Assets	0.76	0.79	0.56	0.57	0.75	0.76	0.79	-0.26	0.3	-0.01	0.75	-0.17	-0.01	0.34	0.69	0.73	0.74	0.37		0.73	0.76	0.76	0.5	0.28	0.7	0.02
Other Stockholder Equity	0.7	0.77	0.57	0.43	0.69	0.75	0.79	-0.74	0.46	0.1	0.67	-0.27	0.1	0.32	0.68	0.53	0.67	0.64	0.73		0.7	0.75	0.6	0.04	0.69	0.15
Total Liab	1.0	0.99	0.49	0.39	0.99	0.98	0.97	-0.15	0.33	-0.04	1.0	0.07	-0.04	0.33	0.96	0.77	0.99	0.43	0.76	0.7		0.98	0.48	0.0	0.96	-0.32
Property Plant And Equipment Gross	0.99	0.96	0.56	0.46	0.98	1.0	0.96	-0.29	0.31	-0.03	0.98	0.07	-0.03	0.29	0.98	0.79	0.96	0.53	0.76	0.75	0.98		0.54	0.07	0.98	-0.31
Total Current Assets	0.5	0.48	0.51	0.63	0.54	0.54	0.43	-0.48	0.58	0.7	0.44	-0.29	0.7	0.75	0.54	0.6	0.43	0.87	0.5	0.6	0.48	0.54		0.2	0.55	-0.44
Short Term Debt	0.03	-0.06	0.34	0.81	0.1	0.07	-0.1	-0.08	-0.44	0.26	0.01	-0.07	0.26	-0.14	0.04	0.3	-0.09	0.05	0.28	0.04	0.0	0.07	0.2		0.05	-0.19
Common Stock	0.97	0.94	0.58	0.43	0.98	0.98	0.93	-0.26	0.29	0.03	0.96	0.16	0.03	0.33	1.0	0.79	0.95	0.53	0.7	0.69	0.96	0.98	0.55	0.05		-0.38
Current Deferred Revenue	-0.33	-0.22	0.05	-0.28	-0.37	-0.31	-0.14	-0.24	0.0	-0.46	-0.31	-0.01	-0.46	-0.32	-0.39	-0.38	-0.3	-0.31	0.02	0.15	-0.32	-0.31	-0.44	-0.19	-0.38

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RGC Resources Account Relationship Matchups

RGC Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	281.7M	310.1M	290.3M	303.7M	349.3M	366.8M
Short Long Term Debt Total	131.3M	140.5M	137.0M	141.2M	162.3M	170.5M
Other Current Liab	1.4M	8.2M	9.6M	11.8M	13.5M	7.8M
Total Current Liabilities	16.6M	26.0M	22.3M	32.9M	37.9M	27.5M
Total Stockholder Equity	88.9M	99.7M	93.1M	100.7M	115.8M	121.6M
Property Plant And Equipment Net	198.4M	211.6M	229.9M	247.6M	284.7M	299.0M
Net Debt	123.5M	132.0M	130.8M	139.7M	160.6M	168.6M
Retained Earnings	35.7M	39.7M	544.2K	4.0M	4.6M	4.3M
Accounts Payable	4.4M	7.7M	8.6M	5.8M	5.3M	5.7M
Cash	291.1K	1.5M	4.9M	1.5M	1.7M	2.4M
Non Current Assets Total	267.2M	285.0M	254.8M	276.9M	318.5M	334.4M
Non Currrent Assets Other	11.3M	8.4M	10.1M	7.9M	9.1M	7.1M
Cash And Short Term Investments	291.1K	1.5M	4.9M	1.5M	1.7M	2.4M
Net Receivables	3.4M	4.9M	5.4M	4.2M	3.8M	3.6M
Common Stock Total Equity	40.4M	40.8M	41.9M	49.1M	56.5M	59.3M
Common Stock Shares Outstanding	8.1M	8.3M	9.1M	9.9M	11.4M	7.2M
Liabilities And Stockholders Equity	281.7M	310.1M	290.3M	303.7M	349.3M	366.8M
Non Current Liabilities Total	176.2M	184.4M	174.9M	170.1M	195.6M	205.4M
Inventory	6.7M	8.9M	18.1M	12.9M	14.8M	12.4M
Other Current Assets	3.4M	6.7M	2.8M	8.2M	7.4M	4.2M
Other Stockholder Equity	15.8M	19.7M	41.5M	44.4M	40.0M	42.0M
Total Liab	192.8M	210.4M	197.2M	203.0M	233.4M	245.1M
Property Plant And Equipment Gross	198.4M	211.6M	229.9M	247.6M	284.7M	299.0M
Total Current Assets	14.4M	25.1M	35.5M	26.8M	30.8M	26.9M
Accumulated Other Comprehensive Income	(3.4M)	(1.5M)	2.0M	2.3M	2.6M	2.7M
Short Term Debt	7.5M	7M	1.3M	15.3M	17.6M	10.8M
Common Stock	40.8M	41.9M	49.1M	50.1M	57.6M	60.5M
Current Deferred Revenue	3.2M	3.1M	2.9M	3.4M	3.1M	2.6M
Other Assets	12.6M	11.3M	73.3M	24.9M	28.6M	30.1M
Long Term Debt	123.8M	133.5M	135.7M	125.8M	144.7M	152.0M
Property Plant Equipment	182.0M	198.4M	211.6M	229.9M	264.3M	277.6M
Other Liab	49.5M	50.7M	50.9M	39.2M	45.1M	31.5M
Net Tangible Assets	83.1M	88.9M	99.7M	93.1M	107.1M	98.9M
Retained Earnings Total Equity	30.8M	35.7M	39.7M	544.2K	625.8K	594.5K
Long Term Debt Total	103.4M	123.8M	133.5M	135.7M	156.0M	163.9M
Capital Surpluse	14.4M	15.8M	19.7M	41.5M	47.7M	50.1M
Deferred Long Term Liab	12.2M	11.0M	6.8M	5.4M	4.9M	4.7M
Long Term Investments	57.5M	64.9M	13.8M	17.2M	19.8M	29.5M
Non Current Liabilities Other	52.4M	50.9M	39.2M	44.2M	50.9M	35.7M

Pair Trading with RGC Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if RGC Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in RGC Resources will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to RGC Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RGC Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back RGC Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling RGC Resources to buy it.

The correlation of RGC Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RGC Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RGC Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for RGC Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether RGC Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RGC Resources' 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 Rgc Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rgc Resources Stock:

How To Invest In RGC

Details

Is RGC Stock a good investment?

Details

What is RGC Resources' Net Worth?

Details

Largest Gas Utilities Companies

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Largest Utilities - Regulated Gas Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RGC Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in RGC Stock, please use our How to Invest in RGC Resources 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 Gas Utilities 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 RGC Resources. If investors know RGC 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 RGC Resources 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

(0.90)

Earnings Share

1.16

Revenue Per Share

8.337

Quarterly Revenue Growth

0.051

Return On Assets

0.0342

The market value of RGC Resources is measured differently than its book value, which is the value of RGC that is recorded on the company's balance sheet. Investors also form their own opinion of RGC Resources' value that differs from its market value or its book value, called intrinsic value, which is RGC Resources' 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 RGC Resources' market value can be influenced by many factors that don't directly affect RGC Resources' 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 RGC Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if RGC Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RGC Resources' 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.

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RGC Price To Sales Ratio vs Pb Ratio Analysis

Price To Sales Ratio vs Pb Ratio

Price To Sales Ratio vs Pb Ratio Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Pb Ratio

RGC Resources fundamental ratios Correlations

RGC Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

RGC Resources fundamental ratios Accounts

Pair Trading with RGC Resources

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Assets Total
Common Stock	+ 1.0	Common Stock Total Equity

Other Stockholder Equity	- 0.74	Retained Earnings
Inventory	- 0.68	Retained Earnings
Total Current Assets	- 0.48	Retained Earnings
Current Deferred Revenue	- 0.46	Cash And Short Term Investments
Current Deferred Revenue	- 0.46	Cash
Current Deferred Revenue	- 0.44	Total Current Assets