Royal Price To Sales Ratio vs Book Value Per Share Analysis
RYR Stock | CAD 0.11 0.01 8.33% |
Royal Road financial indicator trend analysis is much more than just breaking down Royal Road Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royal Road Minerals is a good investment. Please check the relationship between Royal Road Price To Sales Ratio and its Book Value Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Road Minerals. 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.
Price To Sales Ratio vs Book Value Per Share
Price To Sales Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Road Minerals Price To Sales Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have no relationship.
The correlation between Royal Road's Price To Sales Ratio and Book Value Per Share is 0.09. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Royal Road Minerals, assuming nothing else is changed. The correlation between historical values of Royal Road's Price To Sales Ratio and Book Value 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 Royal Road Minerals are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Price To Sales Ratio i.e., Royal Road's Price To Sales Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Royal Road Minerals stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Royal Road sales, a figure that is much harder to manipulate than other Royal Road Minerals 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.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.Most indicators from Royal Road's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royal Road Minerals 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 Royal Road Minerals. 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. Sales General And Administrative To Revenue is likely to climb to 8,197 in 2024, whereas Discontinued Operations is likely to drop (45.2 K) in 2024.
Royal Road fundamental ratios Correlations
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Royal Road Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Royal Road fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.3M | 20.1M | 39.7M | 28.1M | 14.3M | 13.7M | |
Total Current Liabilities | 181.6K | 178.0K | 829.7K | 897.6K | 324.8K | 487.2K | |
Total Stockholder Equity | 13.1M | 19.9M | 38.7M | 27.1M | 13.9M | 13.2M | |
Net Tangible Assets | 7.1M | 13.1M | 19.9M | 27.1M | 31.2M | 32.7M | |
Property Plant And Equipment Net | 9.5M | 9.4M | 9.7M | 6.5M | 155.6K | 147.9K | |
Net Debt | (3.0M) | (10.4M) | (28.9M) | (21.0M) | (6.4M) | (6.7M) | |
Retained Earnings | (21.0M) | (26.9M) | (10.3M) | (21.3M) | (36.3M) | (34.5M) | |
Accounts Payable | 212.9K | 181.6K | 178.0K | 864.5K | 778.1K | 817.0K | |
Cash | 3.0M | 10.4M | 29.0M | 21.1M | 6.5M | 8.0M | |
Non Current Assets Total | 9.9M | 9.7M | 10.1M | 6.8M | 562.4K | 534.2K | |
Cash And Short Term Investments | 3.0M | 10.4M | 29.0M | 21.1M | 13.3M | 8.6M | |
Common Stock Shares Outstanding | 200.4M | 242.6M | 265.8M | 265.7M | 305.6M | 169.5M | |
Liabilities And Stockholders Equity | 13.3M | 20.1M | 39.7M | 28.1M | 14.3M | 13.7M | |
Other Stockholder Equity | 2.8M | 4.7M | 5.6M | 4.9M | 5.1M | 3.1M | |
Total Liab | 181.6K | 178.0K | 944.5K | 974.6K | 366.4K | 516.5K | |
Total Current Assets | 3.4M | 10.4M | 29.5M | 21.3M | 13.7M | 9.0M | |
Accumulated Other Comprehensive Income | 450.4K | 571.1K | 892.7K | 1.1M | 2.7M | 2.8M | |
Common Stock | 20.6M | 30.8M | 41.5M | 42.5M | 48.9M | 26.8M | |
Property Plant Equipment | 3.6M | 9.5M | 9.4M | 6.5M | 7.5M | 4.2M | |
Other Current Liab | 181.6K | 178.0K | 798.4K | 864.5K | 287.2K | 395.6K | |
Other Current Assets | 401.0K | 26.8K | 514.4K | 144.2K | 35.6K | 33.9K | |
Non Currrent Assets Other | 415.9K | 247.6K | 414.7K | 234.6K | 269.8K | 255.2K | |
Net Invested Capital | 13.1M | 19.9M | 38.7M | 27.1M | 13.9M | 19.7M | |
Net Working Capital | 3.2M | 10.2M | 28.7M | 20.4M | 13.4M | 12.7M |
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When running Royal Road's price analysis, check to measure Royal Road'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 Royal Road is operating at the current time. Most of Royal Road's value examination focuses on studying past and present price action to predict the probability of Royal Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Road's price. Additionally, you may evaluate how the addition of Royal Road to your portfolios can decrease your overall portfolio volatility.