Clover Price To Sales Ratio from 2010 to 2024
| CLOV Stock | USD 3.48 0.06 1.75% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 0.22573407 | Current Value 0.21 | Quarterly Volatility 0.65616704 |
Check Clover Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clover Health's main balance sheet or income statement drivers, such as Interest Expense of 6.7 K, Other Operating Expenses of 1.8 B or Minority Interest of 3.1 M, as well as many indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 0.0 or PTB Ratio of 1.68. Clover financial statements analysis is a perfect complement when working with Clover Health Valuation or Volatility modules.
Clover | Price To Sales Ratio |
Latest Clover Health's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Clover Health Investments over the last few years. Price to Sales Ratio is figured by comparing Clover Health Investments stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Clover Health sales, a figure that is much harder to manipulate than other Clover Health Investments multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is 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. Clover Health's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clover Health's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.81 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Clover Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 1.32 | |
| Geometric Mean | 1.02 | |
| Coefficient Of Variation | 49.65 | |
| Mean Deviation | 0.49 | |
| Median | 1.52 | |
| Standard Deviation | 0.66 | |
| Sample Variance | 0.43 | |
| Range | 2.1564 | |
| R-Value | (0.54) | |
| Mean Square Error | 0.33 | |
| R-Squared | 0.30 | |
| Significance | 0.04 | |
| Slope | (0.08) | |
| Total Sum of Squares | 6.03 |
Clover Price To Sales Ratio History
About Clover Health Financial Statements
Clover Health investors use historical fundamental indicators, such as Clover Health's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Clover Health. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 0.23 | 0.21 |
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Additional Tools for Clover Stock Analysis
When running Clover Health's price analysis, check to measure Clover Health'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 Clover Health is operating at the current time. Most of Clover Health's value examination focuses on studying past and present price action to predict the probability of Clover Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clover Health's price. Additionally, you may evaluate how the addition of Clover Health to your portfolios can decrease your overall portfolio volatility.