Veralto Historical Financial Ratios
| VLTO Stock | 107.96 0.52 0.48% |
Veralto is promptly reporting on over 86 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Price To Sales Ratio of 4.63, Dividend Yield of 0.0, PTB Ratio of 15.16 or Days Sales Outstanding of 47.97 will help investors to properly organize and evaluate Veralto financial condition quickly.
Veralto |
About Veralto Financial Ratios Analysis
VeraltoFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Veralto investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Veralto financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Veralto history.
Veralto Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Veralto stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Veralto sales, a figure that is much harder to manipulate than other Veralto 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.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.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.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Most ratios from Veralto's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Veralto current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Veralto. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Veralto Stock, please use our How to Invest in Veralto guide.At this time, Veralto's Income Quality is very stable compared to the past year. As of the 27th of November 2024, PE Ratio is likely to grow to 26.87, while Stock Based Compensation To Revenue is likely to drop 0.01.
| 2010 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 58.79 | 61.05 | 60.05 | 47.97 | PTB Ratio | 6.2 | 6.13 | 14.43 | 15.16 |
Veralto fundamentals Correlations
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Veralto Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Veralto
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 Veralto 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 Veralto will appreciate offsetting losses from the drop in the long position's value.Moving together with Veralto Stock
Moving against Veralto Stock
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| 0.69 | VSEC | VSE Corporation | PairCorr |
| 0.6 | DRVN | Driven Brands Holdings | PairCorr |
| 0.6 | EXLS | ExlService Holdings | PairCorr |
| 0.57 | CBZ | CBIZ Inc | PairCorr |
The ability to find closely correlated positions to Veralto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Veralto 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 Veralto - 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 Veralto to buy it.
The correlation of Veralto 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 Veralto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Veralto 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 Veralto 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veralto. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Veralto Stock, please use our How to Invest in Veralto guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Environmental & Facilities Services 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 Veralto. If investors know Veralto 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 Veralto 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 0.06 | Dividend Share 0.36 | Earnings Share 3.24 | Revenue Per Share 20.787 | Quarterly Revenue Growth 0.047 |
The market value of Veralto is measured differently than its book value, which is the value of Veralto that is recorded on the company's balance sheet. Investors also form their own opinion of Veralto's value that differs from its market value or its book value, called intrinsic value, which is Veralto's 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 Veralto's market value can be influenced by many factors that don't directly affect Veralto's 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 Veralto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veralto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veralto's 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.