Tata Price To Sales Ratio vs Book Value Per Share Analysis
TTST Stock | USD 16.60 0.25 1.53% |
Tata Steel financial indicator trend analysis is much more than just breaking down Tata Steel Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tata Steel Limited is a good investment. Please check the relationship between Tata Steel Price To Sales Ratio and its Book Value Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tata Steel Limited. 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 Tata Steel Limited Price To Sales Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tata Steel's Price To Sales Ratio and Book Value Per Share is -0.24. 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 Tata Steel Limited, assuming nothing else is changed. The correlation between historical values of Tata Steel'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 Tata Steel Limited 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., Tata Steel's Price To Sales Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Tata Steel Limited stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Tata Steel sales, a figure that is much harder to manipulate than other Tata Steel Limited 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 Tata Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tata Steel Limited 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tata Steel Limited. 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, Tata Steel's Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 18.10 this year, although the value of Selling General Administrative will most likely fall to about 118.3 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.6T | 1.3T | 898.0B | 1.1T | Total Revenue | 2.4T | 2.4T | 2.3T | 2.0T |
Tata Steel fundamental ratios Correlations
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Tata Steel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tata Steel fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.5T | 2.5T | 2.9T | 2.9T | 2.7T | 2.8T | |
Other Current Liab | 104.8B | 185.7B | 149.7B | 189.9B | 18M | 17.1M | |
Total Current Liabilities | 616.6B | 708.7B | 905.9B | 973.0B | 984.0B | 841.5B | |
Total Stockholder Equity | 735.8B | 742.4B | 1.1T | 1.0T | 920.4B | 922.7B | |
Other Liab | 184.9B | 247.0B | 273.0B | 282.9B | 325.4B | 255.2B | |
Net Tangible Assets | 664.5B | 660.4B | 1.0T | 834.7B | 960.0B | 802.6B | |
Net Debt | 1.0T | 751.3B | 532.2B | 658.9B | 744.9B | 623.7B | |
Retained Earnings | 303.2B | 286.7B | 678.4B | 603.6B | 348.2B | 421.5B | |
Accounts Payable | 178.2B | 218.2B | 310.7B | 324.5B | 354.3B | 270.1B | |
Cash | 75.4B | 55.3B | 156.0B | 121.3B | 70.8B | 92.2B | |
Non Current Assets Total | 1.9T | 1.9T | 1.9T | 2.0T | 2.0T | 2.0T | |
Non Currrent Assets Other | 2.8B | 2.8B | 36.9B | 37.8B | 2.4B | 2.2B | |
Other Assets | 347.9B | 269.9B | 332.4B | 187.9B | 169.1B | 224.5B | |
Long Term Debt | 882.1B | 657.0B | 447.6B | 514.5B | 515.8B | 512.6B | |
Net Receivables | 82.8B | 97.3B | 123.4B | 84.1B | 62.6B | 80.0B | |
Good Will | 40.5B | 43.4B | 43.1B | 56.0B | 57.5B | 50.5B | |
Common Stock Shares Outstanding | 1.2B | 1.2B | 1.2B | 2.4B | 12.5B | 13.1B | |
Short Term Investments | 37.9B | 86.1B | 108.3B | 62.9B | 17.7B | 16.9B | |
Non Current Liabilities Total | 1.1T | 971.1B | 777.6B | 855.5B | 825.9B | 741.9B | |
Capital Lease Obligations | 70.2B | 78.3B | 67.3B | 68.8B | 55.1B | 64.3B | |
Inventory | 310.7B | 332.8B | 488.2B | 544.2B | 491.6B | 434.9B | |
Other Current Assets | 84.1B | 44.5B | 69.6B | 80.2B | 8.9B | 8.5B | |
Other Stockholder Equity | 143.3B | 134.1B | 141.0B | 102.1B | 91.9B | 103.7B | |
Total Liab | 1.7T | 1.7T | 1.7T | 1.8T | 1.8T | 1.9T | |
Deferred Long Term Liab | 241M | 79.5M | 1.1M | 400K | 360K | 342K | |
Net Invested Capital | 1.8T | 1.5T | 1.8T | 1.8T | 1.7T | 1.9T | |
Short Long Term Debt | 211.0B | 149.7B | 240.6B | 265.7B | 300.0B | 245.0B | |
Total Current Assets | 587.3B | 602.1B | 922.6B | 866.1B | 705.5B | 778.0B | |
Net Working Capital | (29.3B) | (106.6B) | 19.7B | (106.3B) | (278.6B) | (264.6B) | |
Intangible Assets | 16.1B | 20.6B | 52.9B | 140.1B | 14.4B | 13.7B | |
Property Plant Equipment | 1.5T | 1.5T | 1.5T | 1.6T | 1.8T | 1.5T | |
Capital Stock | 11.4B | 12.0B | 12.2B | 12.2B | 12.5B | 13.2B |
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Balance Sheet is a snapshot of the financial position of Tata Steel Limited at a specified time, usually calculated after every quarter, six months, or one year. Tata Steel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tata Steel and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Tata currently owns. An asset can also be divided into two categories, current and non-current.