ChoiceOne Price To Sales Ratio from 2010 to 2024

COFS Stock  USD 37.48  0.21  0.56%   
ChoiceOne Financial Price To Sales Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Sales Ratio will likely drop to 2.60 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing ChoiceOne Financial's market cap by its total sales or revenue over a 12-month period. View All Fundamentals
 
Price To Sales Ratio  
First Reported
2010-12-31
Previous Quarter
2.73703006
Current Value
2.6
Quarterly Volatility
12.49880882
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ChoiceOne Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ChoiceOne Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.1 M, Interest Expense of 34.7 M or Selling General Administrative of 34.8 M, as well as many indicators such as Price To Sales Ratio of 2.6, Dividend Yield of 0.0281 or PTB Ratio of 1.35. ChoiceOne financial statements analysis is a perfect complement when working with ChoiceOne Financial Valuation or Volatility modules.
  
Check out the analysis of ChoiceOne Financial Correlation against competitors.

Latest ChoiceOne Financial's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of ChoiceOne Financial Services over the last few years. Price to Sales Ratio is figured by comparing ChoiceOne Financial stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on ChoiceOne Financial sales, a figure that is much harder to manipulate than other ChoiceOne Financial Services 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. ChoiceOne Financial's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ChoiceOne Financial's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.80 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

ChoiceOne Price To Sales Ratio Regression Statistics

Arithmetic Mean5.98
Geometric Mean3.29
Coefficient Of Variation208.88
Mean Deviation6.02
Median2.87
Standard Deviation12.50
Sample Variance156.22
Range49.4502
R-Value(0.42)
Mean Square Error138.95
R-Squared0.17
Significance0.12
Slope(1.17)
Total Sum of Squares2,187

ChoiceOne Price To Sales Ratio History

2024 2.6
2023 2.74
2022 2.67
2021 2.55
2020 3.14
2019 3.92
2018 3.12

About ChoiceOne Financial Financial Statements

ChoiceOne Financial 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 ChoiceOne Financial investors may analyze each financial statement separately, they are all interrelated. The changes in ChoiceOne Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on ChoiceOne Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Sales Ratio 2.74  2.60 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for ChoiceOne Stock Analysis

When running ChoiceOne Financial's price analysis, check to measure ChoiceOne Financial'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 ChoiceOne Financial is operating at the current time. Most of ChoiceOne Financial's value examination focuses on studying past and present price action to predict the probability of ChoiceOne Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChoiceOne Financial's price. Additionally, you may evaluate how the addition of ChoiceOne Financial to your portfolios can decrease your overall portfolio volatility.