Teekay Tankers Price To Sales Ratio Over Time
TNK Stock | USD 40.25 0.65 1.59% |
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 Teekay Tankers Performance and Teekay Tankers Correlation. Teekay |
Is Oil & Gas Storage & Transportation 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 Teekay Tankers. If investors know Teekay 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 Teekay Tankers 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 (0.28) | Dividend Share 0.25 | Earnings Share 12.18 | Revenue Per Share 34.7 | Quarterly Revenue Growth (0.15) |
The market value of Teekay Tankers is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay Tankers' value that differs from its market value or its book value, called intrinsic value, which is Teekay Tankers' 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 Teekay Tankers' market value can be influenced by many factors that don't directly affect Teekay Tankers' 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 Teekay Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay Tankers' 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 Teekay Tankers and related stocks such as International Seaways, Ardmore Shpng, and Aquagold International Price To Sales Ratio Over Time
Select Fundamental2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
INSW | 0.4931 | 0.4931 | 0.4931 | 0.4931 | 0.5583 | 0.5801 | 1.0278 | 1.8546 | 1.8148 | 2.3752 | 1.0988 | 2.0687 | 2.1142 | 2.0784 | 1.17 |
ASC | 4.8569 | 4.8569 | 4.3169 | 5.3107 | 4.3643 | 2.0995 | 1.3567 | 1.3654 | 0.7283 | 1.3021 | 0.494 | 0.595 | 1.2038 | 1.4635 | 2.5 |
KNF | 1.0233 | 1.0233 | 1.0233 | 1.0233 | 1.0233 | 1.0233 | 1.0233 | 1.0233 | 1.0233 | 1.0233 | 1.0233 | 0.9999 | 0.8793 | 1.3238 | 0.85 |
Teekay Tankers and related stocks such as International Seaways, Ardmore Shpng, and Aquagold International Price To Sales Ratio description
Price to Sales Ratio is figured by comparing Teekay Tankers stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Teekay Tankers sales, a figure that is much harder to manipulate than other Teekay Tankers 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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Teekay Tankers | TNK |
Specialization | Energy, Oil & Gas Midstream |
Location | Bermuda |
Exchange | New York Stock Exchange |
USD 40.25
Check out Teekay Tankers Performance and Teekay Tankers Correlation. For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Teekay Tankers technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.