Route1 Ptb Ratio vs Price To Sales Ratio Analysis

ROI Stock  CAD 0.02  0.00  0.00%   
Route1 financial indicator trend analysis is much more than just breaking down Route1 Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Route1 Inc is a good investment. Please check the relationship between Route1 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 Route1 Inc. 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.

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 Route1 Inc Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Route1's Ptb Ratio and Price To Sales Ratio is -0.29. 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 Route1 Inc, assuming nothing else is changed. The correlation between historical values of Route1's 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 Route1 Inc 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., Route1's Ptb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.29
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 Route1 Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Route1 sales, a figure that is much harder to manipulate than other Route1 Inc 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 Route1's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Route1 Inc 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 Route1 Inc. 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, Route1's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.55 in 2024, whereas Selling General Administrative is likely to drop slightly above 4.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense277.2K275.0K504.3K338.8K
Depreciation And Amortization1.3M1.4M1.3M1.3M

Route1 fundamental ratios Correlations

0.610.550.90.470.930.76-0.390.95-0.370.9-0.09-0.420.810.360.920.540.05-0.130.930.880.720.80.33-0.340.1
0.610.230.70.380.610.68-0.830.5-0.20.75-0.12-0.210.270.70.440.50.40.240.680.440.750.790.24-0.770.38
0.550.230.470.190.630.26-0.250.45-0.040.39-0.310.00.580.270.520.09-0.280.340.490.60.190.220.56-0.19-0.08
0.90.70.470.220.790.88-0.440.9-0.570.9-0.19-0.610.830.30.790.61-0.07-0.010.990.870.840.870.43-0.330.33
0.470.380.190.220.610.28-0.150.270.280.570.120.230.010.130.49-0.020.43-0.450.280.160.350.47-0.21-0.31-0.22
0.930.610.630.790.610.7-0.370.84-0.240.88-0.04-0.280.640.330.890.50.1-0.140.830.740.660.750.23-0.340.1
0.760.680.260.880.280.7-0.250.78-0.720.91-0.29-0.740.570.10.690.6-0.01-0.220.870.560.980.950.0-0.150.58
-0.39-0.83-0.25-0.44-0.15-0.37-0.25-0.27-0.11-0.4-0.02-0.12-0.18-0.94-0.26-0.25-0.37-0.55-0.42-0.36-0.33-0.39-0.430.96-0.07
0.950.50.450.90.270.840.78-0.27-0.560.84-0.04-0.590.870.240.930.62-0.06-0.140.930.880.70.760.26-0.190.13
-0.37-0.2-0.04-0.570.28-0.24-0.72-0.11-0.56-0.440.220.98-0.530.19-0.34-0.490.20.15-0.54-0.33-0.61-0.550.07-0.28-0.55
0.90.750.390.90.570.880.91-0.40.84-0.44-0.12-0.490.610.260.840.480.1-0.250.920.680.920.970.1-0.370.32
-0.09-0.12-0.31-0.190.12-0.04-0.29-0.02-0.040.22-0.120.17-0.080.030.03-0.230.32-0.17-0.15-0.07-0.28-0.15-0.1-0.11-0.36
-0.42-0.210.0-0.610.23-0.28-0.74-0.12-0.590.98-0.490.17-0.570.21-0.38-0.490.150.24-0.59-0.38-0.64-0.580.03-0.25-0.51
0.810.270.580.830.010.640.57-0.180.87-0.530.61-0.08-0.570.150.760.4-0.290.010.840.930.470.520.57-0.070.01
0.360.70.270.30.130.330.1-0.940.240.190.260.030.210.150.210.220.390.60.290.310.160.250.4-0.9-0.01
0.920.440.520.790.490.890.69-0.260.93-0.340.840.03-0.380.760.210.42-0.05-0.250.860.820.630.710.16-0.26-0.06
0.540.50.090.61-0.020.50.6-0.250.62-0.490.48-0.23-0.490.40.220.420.180.140.590.540.520.520.18-0.090.31
0.050.4-0.28-0.070.430.1-0.01-0.37-0.060.20.10.320.15-0.290.39-0.050.18-0.01-0.07-0.120.030.14-0.11-0.44-0.22
-0.130.240.34-0.01-0.45-0.14-0.22-0.55-0.140.15-0.25-0.170.240.010.6-0.250.14-0.01-0.060.09-0.22-0.230.52-0.440.03
0.930.680.490.990.280.830.87-0.420.93-0.540.92-0.15-0.590.840.290.860.59-0.07-0.060.880.830.870.38-0.330.27
0.880.440.60.870.160.740.56-0.360.88-0.330.68-0.07-0.380.930.310.820.54-0.120.090.880.480.560.65-0.27-0.1
0.720.750.190.840.350.660.98-0.330.7-0.610.92-0.28-0.640.470.160.630.520.03-0.220.830.480.98-0.05-0.260.61
0.80.790.220.870.470.750.95-0.390.76-0.550.97-0.15-0.580.520.250.710.520.14-0.230.870.560.980.01-0.350.48
0.330.240.560.43-0.210.230.0-0.430.260.070.1-0.10.030.570.40.160.18-0.110.520.380.65-0.050.01-0.33-0.2
-0.34-0.77-0.19-0.33-0.31-0.34-0.150.96-0.19-0.28-0.37-0.11-0.25-0.07-0.9-0.26-0.09-0.44-0.44-0.33-0.27-0.26-0.35-0.330.07
0.10.38-0.080.33-0.220.10.58-0.070.13-0.550.32-0.36-0.510.01-0.01-0.060.31-0.220.030.27-0.10.610.48-0.20.07
Click cells to compare fundamentals

Route1 Account Relationship Matchups

Route1 fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.6M14.2M15.1M12.4M9.5M5.2M
Other Current Liab1.8M3.6M2.6M267.3K307.4K292.1K
Total Current Liabilities9.0M9.8M10.6M8.8M8.1M8.5M
Total Stockholder Equity979.7K2.1M2.7M1.8M584.3K1.0M
Property Plant And Equipment Net1.6M3.0M2.5M2.2M1.4M795.6K
Net Debt2.9M2.9M4.7M4.9M4.6M4.8M
Retained Earnings(36.4M)(38.1M)(37.9M)(39.6M)(40.9M)(38.9M)
Accounts Payable5.1M4.1M4.6M4.6M3.2M1.6M
Cash125.5K1.1M62.6K78.5K38.3K36.4K
Non Current Assets Total6.4M7.8M9.4M7.5M6.5M6.8M
Non Currrent Assets Other1.1M3.0M21.8K3.018.3K17.3K
Cash And Short Term Investments125.5K1.1M62.6K78.5K38.3K36.4K
Net Receivables5.1M4.0M4.6M2.1M2.2M1.3M
Common Stock Shares Outstanding36.4M35.5M40.1M39.8M42.5M27.6M
Liabilities And Stockholders Equity12.6M14.2M15.1M12.4M9.5M5.2M
Non Current Liabilities Total2.6M2.3M1.8M1.8M867.8K630.7K
Inventory451.6K678.8K682.3K2.1M672.2K586.4K
Other Current Assets32.0K146.8K397.3K623.5K178.5K204.8K
Other Stockholder Equity15.4M17.0M17.0M17.3M17.3M16.8M
Total Liab11.7M12.0M12.4M10.6M9.0M9.4M
Total Current Assets6.2M6.4M5.7M4.9M3.1M3.1M
Short Term Debt2.1M2.1M3.4M3.2M3.8M4.0M
Intangible Assets1.3M1.3M2.2M1.9M1.8M1.9M
Current Deferred Revenue1.8M3.6M2.6M985.2K891.6K1.6M
Accumulated Other Comprehensive Income1.5K(78.6K)(77.8K)145.2K173.0K164.3K
Common Stock22.0M23.4M23.7M24.0M27.6M25.4M
Other Liab1.2M1.7M259.8K453.9K522.0K504.6K
Net Tangible Assets480.9K(2.3M)(1.1M)(2.6M)(2.4M)(2.2M)
Property Plant Equipment1.6M3.0M2.5M2.2M2.6M1.4M
Net Invested Capital3.4M3.9M5.7M4.9M3.8M3.8M
Net Working Capital(2.8M)(3.4M)(4.8M)(3.9M)(5.0M)(4.8M)
Good Will2.0M2.0M3.1M3.3M3.3M2.6M
Capital Stock22.0M23.4M23.7M24.0M27.6M25.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Route1 Stock Analysis

When running Route1's price analysis, check to measure Route1's 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 Route1 is operating at the current time. Most of Route1's value examination focuses on studying past and present price action to predict the probability of Route1's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Route1's price. Additionally, you may evaluate how the addition of Route1 to your portfolios can decrease your overall portfolio volatility.