Conduent Price To Sales Ratio from 2010 to 2024
CNDT Stock | USD 3.73 0.03 0.81% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 0.21258553 | Current Value 0.41 | Quarterly Volatility 0.11744055 |
Check Conduent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Conduent's main balance sheet or income statement drivers, such as Depreciation And Amortization of 396.7 M, Interest Expense of 69.2 M or Selling General Administrative of 455.5 M, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 0.0066 or PTB Ratio of 0.69. Conduent financial statements analysis is a perfect complement when working with Conduent Valuation or Volatility modules.
Conduent | Price To Sales Ratio |
Latest Conduent's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Conduent over the last few years. Price to Sales Ratio is figured by comparing Conduent stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Conduent sales, a figure that is much harder to manipulate than other Conduent 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. Conduent's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Conduent's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 0.17 X | 10 Years Trend |
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Price To Sales Ratio |
Timeline |
Conduent Price To Sales Ratio Regression Statistics
Arithmetic Mean | 0.40 | |
Geometric Mean | 0.38 | |
Coefficient Of Variation | 29.28 | |
Mean Deviation | 0.10 | |
Median | 0.47 | |
Standard Deviation | 0.12 | |
Sample Variance | 0.01 | |
Range | 0.3348 | |
R-Value | (0.77) | |
Mean Square Error | 0.01 | |
R-Squared | 0.59 | |
Significance | 0.0008 | |
Slope | (0.02) | |
Total Sum of Squares | 0.19 |
Conduent Price To Sales Ratio History
About Conduent Financial Statements
Conduent shareholders use historical fundamental indicators, such as Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Conduent investors may analyze each financial statement separately, they are all interrelated. The changes in Conduent's assets and liabilities, for example, are also reflected in the revenues and expenses on on Conduent's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Price To Sales Ratio | 0.21 | 0.41 |
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Additional Tools for Conduent Stock Analysis
When running Conduent's price analysis, check to measure Conduent'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 Conduent is operating at the current time. Most of Conduent's value examination focuses on studying past and present price action to predict the probability of Conduent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conduent's price. Additionally, you may evaluate how the addition of Conduent to your portfolios can decrease your overall portfolio volatility.