Granite Ridge Price To Sales Ratio Over Time
| GRNT Stock | USD 6.67 0.11 1.62% |
With this module, investors can use any or all of fundamental ratio historical patterns as a complementary method for asset selection as well as a tool for deciding entry and exit points. Many technical investors use fundamentals to limit their universe of possible portfolio assets.
Check out Granite Ridge Performance and Granite Ridge Correlation. Granite |
Is Oil & Gas Exploration & Production 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 Granite Ridge. If investors know Granite 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 Granite Ridge 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 (0.47) | Dividend Share 0.44 | Earnings Share 0.36 | Revenue Per Share 2.744 | Quarterly Revenue Growth (0.12) |
The market value of Granite Ridge Resources is measured differently than its book value, which is the value of Granite that is recorded on the company's balance sheet. Investors also form their own opinion of Granite Ridge's value that differs from its market value or its book value, called intrinsic value, which is Granite Ridge'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 Granite Ridge's market value can be influenced by many factors that don't directly affect Granite Ridge'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 Granite Ridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Granite Ridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Granite Ridge'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.
Cross Equities Price To Sales Ratio Analysis
Compare Granite Ridge Resources and related stocks such as Epsilon Energy, SilverBow Resources, and Gulfport Energy Operating Price To Sales Ratio Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EPSN | 238 | 2.4101 | 4.5468 | 3.354 | 3.4473 | 3.3564 | 3.8933 | 4.2564 | 4.043 | 3.3543 | 3.8159 | 3.1753 | 2.2099 | 3.719 | 3.53 |
| GPOR | 28.9716 | 15.5141 | 16.4132 | 21.5256 | 9.2928 | 10.2679 | 16.0012 | 11.8549 | 8.6185 | 10.2816 | 14.5883 | 0.9873 | 0.6377 | 2.3621 | 2.24 |
| NRT | 7.3432 | 7.3432 | 7.3432 | 7.3432 | 7.3432 | 7.1028 | 7.1028 | 7.1028 | 7.1028 | 7.1028 | 18.2118 | 10.8217 | 4.5328 | 5.21 | 4.95 |
| PHX | 2.8 | 5.4692 | 3.8023 | 5.9785 | 3.851 | 7.558 | 8.6808 | 6.7985 | 4.9738 | 0.9729 | 3.6078 | 2.0837 | 3.2432 | 2.92 | 3.14 |
| CRC | 7.9601 | 7.9601 | 0.9824 | 0.9338 | 0.5044 | 0.3714 | 0.4907 | 0.3941 | 0.2637 | 0.1643 | 1.2216 | 1.3654 | 1.0083 | 1.3529 | 1.44 |
| MXC | 0.5044 | 4.9698 | 4.0569 | 3.8855 | 3.3016 | 1.9769 | 3.1139 | 2.3044 | 4.6301 | 1.6464 | 6.4766 | 5.1761 | 2.5559 | 3.7454 | 4.57 |
| EPM | 24.4667 | 12.9006 | 14.4265 | 19.1422 | 7.7679 | 6.8112 | 7.7593 | 7.9042 | 5.4079 | 3.1246 | 4.9663 | 1.6517 | 2.0713 | 2.0366 | 1.8395 |
| GPRK | 61.6494 | 2.7229 | 1.8012 | 1.299 | 0.6913 | 0.7439 | 1.3361 | 1.7473 | 1.4962 | 2.1159 | 2.0018 | 1.0127 | 0.8733 | 0.6438 | 0.61 |
| PNRG | 0.7703 | 0.5156 | 0.4989 | 0.9839 | 1.1879 | 1.5488 | 2.1819 | 1.2755 | 1.6864 | 2.9141 | 1.4738 | 1.754 | 1.3569 | 1.5978 | 1.01 |
| CRGY | 0.6045 | 0.6045 | 0.6045 | 0.6045 | 0.6045 | 0.6045 | 0.6045 | 0.6045 | 0.6045 | 0.6668 | 0.9612 | 1.4551 | 0.6617 | 0.3692 | 0.35 |
Granite Ridge Resources and related stocks such as Epsilon Energy, SilverBow Resources, and Gulfport Energy Operating Price To Sales Ratio description
Price to Sales Ratio is figured by comparing Granite Ridge Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Granite Ridge sales, a figure that is much harder to manipulate than other Granite Ridge Resources 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.My Equities
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| Granite Ridge Resources | GRNT |
Specialization | Energy, Oil & Gas E&P |
| Location | Texas; U.S.A |
| Exchange | New York Stock Exchange |
USD 6.67
Additional Tools for Granite Stock Analysis
When running Granite Ridge's price analysis, check to measure Granite Ridge'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 Granite Ridge is operating at the current time. Most of Granite Ridge's value examination focuses on studying past and present price action to predict the probability of Granite Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Ridge's price. Additionally, you may evaluate how the addition of Granite Ridge to your portfolios can decrease your overall portfolio volatility.