Olympic Book Value Per Share vs Price To Sales Ratio Analysis

ZEUS Stock

USD 42.31 0.80 1.93%

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

For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.

Book Value Per Share vs Price To Sales Ratio

Book Value Per Share vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Olympic Steel Book Value Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak relationship.

The correlation between Olympic Steel's Book Value Per Share and Price To Sales Ratio is 0.32. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Olympic Steel, assuming nothing else is changed. The correlation between historical values of Olympic Steel's Book Value Per Share 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 Book Value Per Share of Olympic Steel 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 Book Value Per Share i.e., Olympic Steel's Book Value Per Share and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

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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.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Olympic Steel stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Olympic Steel sales, a figure that is much harder to manipulate than other Olympic Steel 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 Olympic Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Olympic Steel 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Olympic Steel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 137.4 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	510.2M	486.1M	447.1M	235.8M
Total Revenue	2.3B	2.6B	2.2B	1.2B

Gross Profit Total Revenue

Olympic Steel 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 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	Intangible Assets	Good Will	Common Stock Total Equity
Total Assets		0.8	0.76	0.94	0.67	0.78	0.77	0.64	0.9	0.64	0.53	0.31	0.64	0.9	0.69	0.79	0.96	0.52	0.0	0.9	0.23	0.95	0.13	0.34	0.08	0.75
Short Long Term Debt Total	0.8		0.53	0.77	0.29	0.55	1.0	0.25	0.79	0.39	0.26	0.3	0.39	0.76	0.5	0.99	0.83	0.53	0.23	0.96	-0.07	0.82	0.41	0.04	-0.13	0.39
Other Current Liab	0.76	0.53		0.76	0.87	0.39	0.49	0.87	0.65	0.8	0.57	0.33	0.8	0.83	0.55	0.46	0.8	0.27	-0.19	0.61	0.45	0.82	-0.02	0.58	0.1	0.64
Total Current Liabilities	0.94	0.77	0.76		0.6	0.7	0.76	0.57	0.98	0.55	0.51	0.31	0.55	0.86	0.58	0.77	0.91	0.52	0.09	0.91	0.19	0.9	0.02	0.3	0.15	0.59
Total Stockholder Equity	0.67	0.29	0.87	0.6		0.53	0.24	0.99	0.52	0.89	0.81	0.39	0.89	0.6	0.67	0.24	0.62	0.24	-0.28	0.41	0.69	0.63	-0.04	0.82	0.4	0.76
Property Plant And Equipment Net	0.78	0.55	0.39	0.7	0.53		0.53	0.46	0.72	0.41	0.71	0.54	0.41	0.49	0.82	0.61	0.6	0.6	0.01	0.69	0.39	0.58	-0.03	0.38	0.33	0.71
Net Debt	0.77	1.0	0.49	0.76	0.24	0.53		0.2	0.77	0.34	0.22	0.29	0.34	0.74	0.49	0.99	0.81	0.53	0.26	0.95	-0.11	0.8	0.4	0.0	-0.15	0.36
Retained Earnings	0.64	0.25	0.87	0.57	0.99	0.46	0.2		0.49	0.91	0.79	0.34	0.91	0.58	0.58	0.19	0.6	0.2	-0.3	0.36	0.69	0.6	-0.06	0.83	0.41	0.72
Accounts Payable	0.9	0.79	0.65	0.98	0.52	0.72	0.77	0.49		0.48	0.52	0.33	0.48	0.77	0.59	0.79	0.85	0.56	0.2	0.92	0.17	0.84	0.07	0.27	0.23	0.54
Cash	0.64	0.39	0.8	0.55	0.89	0.41	0.34	0.91	0.48		0.7	0.25	1.0	0.6	0.48	0.32	0.62	0.12	-0.34	0.44	0.61	0.62	0.19	0.74	0.32	0.6
Non Current Assets Total	0.53	0.26	0.57	0.51	0.81	0.71	0.22	0.79	0.52	0.7		0.63	0.7	0.26	0.67	0.28	0.37	0.47	-0.11	0.39	0.8	0.35	-0.12	0.88	0.72	0.63
Non Currrent Assets Other	0.31	0.3	0.33	0.31	0.39	0.54	0.29	0.34	0.33	0.25	0.63		0.25	0.18	0.53	0.32	0.16	0.25	-0.11	0.34	0.67	0.17	-0.02	0.54	0.24	0.49
Cash And Short Term Investments	0.64	0.39	0.8	0.55	0.89	0.41	0.34	0.91	0.48	1.0	0.7	0.25		0.6	0.48	0.32	0.62	0.12	-0.34	0.44	0.61	0.62	0.19	0.74	0.32	0.6
Net Receivables	0.9	0.76	0.83	0.86	0.6	0.49	0.74	0.58	0.77	0.6	0.26	0.18	0.6		0.55	0.71	0.94	0.22	-0.1	0.81	0.1	0.97	0.17	0.17	-0.23	0.64
Common Stock Shares Outstanding	0.69	0.5	0.55	0.58	0.67	0.82	0.49	0.58	0.59	0.48	0.67	0.53	0.48	0.55		0.54	0.61	0.39	-0.02	0.59	0.43	0.6	0.11	0.41	0.16	0.78
Non Current Liabilities Total	0.79	0.99	0.46	0.77	0.24	0.61	0.99	0.19	0.79	0.32	0.28	0.32	0.32	0.71	0.54		0.8	0.6	0.28	0.96	-0.09	0.78	0.37	0.01	-0.09	0.38
Inventory	0.96	0.83	0.8	0.91	0.62	0.6	0.81	0.6	0.85	0.62	0.37	0.16	0.62	0.94	0.61	0.8		0.46	0.04	0.89	0.06	0.99	0.24	0.22	-0.07	0.65
Other Current Assets	0.52	0.53	0.27	0.52	0.24	0.6	0.53	0.2	0.56	0.12	0.47	0.25	0.12	0.22	0.39	0.6	0.46		0.56	0.6	0.05	0.39	0.01	0.22	0.33	0.25
Other Stockholder Equity	0.0	0.23	-0.19	0.09	-0.28	0.01	0.26	-0.3	0.2	-0.34	-0.11	-0.11	-0.34	-0.1	-0.02	0.28	0.04	0.56		0.22	-0.27	0.0	0.34	-0.22	-0.03	-0.2
Total Liab	0.9	0.96	0.61	0.91	0.41	0.69	0.95	0.36	0.92	0.44	0.39	0.34	0.44	0.81	0.59	0.96	0.89	0.6	0.22		0.03	0.88	0.25	0.13	0.0	0.49
Property Plant And Equipment Gross	0.23	-0.07	0.45	0.19	0.69	0.39	-0.11	0.69	0.17	0.61	0.8	0.67	0.61	0.1	0.43	-0.09	0.06	0.05	-0.27	0.03		0.09	-0.11	0.9	0.53	0.6
Total Current Assets	0.95	0.82	0.82	0.9	0.63	0.58	0.8	0.6	0.84	0.62	0.35	0.17	0.62	0.97	0.6	0.78	0.99	0.39	0.0	0.88	0.09		0.21	0.22	-0.12	0.66
Short Term Debt	0.13	0.41	-0.02	0.02	-0.04	-0.03	0.4	-0.06	0.07	0.19	-0.12	-0.02	0.19	0.17	0.11	0.37	0.24	0.01	0.34	0.25	-0.11	0.21		-0.1	-0.31	0.06
Intangible Assets	0.34	0.04	0.58	0.3	0.82	0.38	0.0	0.83	0.27	0.74	0.88	0.54	0.74	0.17	0.41	0.01	0.22	0.22	-0.22	0.13	0.9	0.22	-0.1		0.69	0.59
Good Will	0.08	-0.13	0.1	0.15	0.4	0.33	-0.15	0.41	0.23	0.32	0.72	0.24	0.32	-0.23	0.16	-0.09	-0.07	0.33	-0.03	0.0	0.53	-0.12	-0.31	0.69		0.16
Common Stock Total Equity	0.75	0.39	0.64	0.59	0.76	0.71	0.36	0.72	0.54	0.6	0.63	0.49	0.6	0.64	0.78	0.38	0.65	0.25	-0.2	0.49	0.6	0.66	0.06	0.59	0.16

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Olympic Steel Account Relationship Matchups

Olympic Steel fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	649.6M	640.6M	1.0B	891.6M	984.8M	533.7M
Short Long Term Debt Total	219.4M	186.2M	355.8M	194.4M	228.5M	154.6M
Other Current Liab	26.0M	33.9M	69.7M	57.2M	52.7M	55.3M
Total Current Liabilities	101.1M	126.7M	224.3M	164.7M	180.2M	102.9M
Total Stockholder Equity	308.4M	301.0M	424.4M	516.0M	555.5M	583.3M
Property Plant And Equipment Net	182.6M	182.6M	174.8M	176.6M	220.5M	145.3M
Net Debt	213.6M	180.6M	346.0M	182.2M	215.2M	144.5M
Retained Earnings	179.3M	172.8M	293.0M	379.9M	418.9M	439.8M
Accounts Payable	69.5M	87.3M	148.6M	101.4M	119.7M	73.0M
Cash	5.7M	5.5M	9.8M	12.2M	13.2M	13.9M
Non Current Assets Total	229.7M	238.4M	234.2M	233.5M	381.7M	400.7M
Non Currrent Assets Other	14.4M	18.1M	15.2M	2.7M	16.5M	17.3M
Cash And Short Term Investments	5.7M	5.5M	9.8M	12.2M	13.2M	13.9M
Net Receivables	133.6M	151.6M	284.6M	219.8M	191.1M	102.6M
Common Stock Shares Outstanding	11.5M	11.4M	11.5M	11.6M	11.6M	11.7M
Liabilities And Stockholders Equity	649.6M	640.6M	1.0B	891.6M	984.8M	533.7M
Non Current Liabilities Total	240.1M	212.9M	374.8M	211.0M	249.1M	165.3M
Inventory	273.5M	240.0M	485.0M	416.9M	386.5M	236.1M
Other Current Assets	7.0M	5.1M	10.0M	9.2M	12.3M	7.8M
Other Stockholder Equity	(335K)	28.5M	28.9M	1.3M	11.7M	11.1M
Total Liab	341.2M	339.6M	599.1M	375.7M	429.4M	268.2M
Property Plant And Equipment Gross	182.6M	434.6M	147.1M	148.3M	539.6M	566.5M
Total Current Assets	419.8M	402.2M	789.4M	658.1M	603.2M	352.0M
Accumulated Other Comprehensive Income	(2.3M)	(4.2M)	(2.0M)	1.3M	41K	43.1K
Short Term Debt	5.6M	5.6M	5.9M	6.1M	7.8M	7.4M
Intangible Assets	29.3M	32.6M	33.7M	32.0M	92.6M	97.3M
Good Will	2.4M	3.4M	5.1M	10.5M	52.1M	54.7M
Common Stock Total Equity	131.6M	132.4M	133.4M	134.7M	154.9M	129.8M
Common Stock	131.6M	132.4M	133.4M	134.7M	136.5M	130.5M
Other Liab	23.3M	24.2M	24.9M	21.6M	24.9M	17.8M
Long Term Debt	192.9M	160.6M	327.8M	165.7M	190.2M	167.4M
Property Plant Equipment	156.2M	157.2M	147.1M	148.3M	170.6M	148.1M
Other Assets	14.4M	18.1M	15.2M	12.7M	16.9M	9.9M
Net Tangible Assets	275.7M	301.0M	424.4M	516.0M	593.4M	317.7M
Retained Earnings Total Equity	179.3M	172.8M	293.0M	379.9M	436.9M	458.8M
Long Term Debt Total	193.4M	160.6M	327.8M	165.7M	190.5M	236.6M

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