Dayforce Price To Sales Ratio from 2010 to 2024

DAY Stock   74.84  0.84  1.14%   
Dayforce Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio will likely drop to 6.63 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Dayforce'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
6.8862628
Current Value
6.63
Quarterly Volatility
5.03497824
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dayforce financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dayforce's main balance sheet or income statement drivers, such as Tax Provision of 56.7 M, Depreciation And Amortization of 76.5 M or Interest Expense of 44.8 M, as well as many indicators such as Price To Sales Ratio of 6.63, Dividend Yield of 0.0 or PTB Ratio of 3.3. Dayforce financial statements analysis is a perfect complement when working with Dayforce Valuation or Volatility modules.
  
Check out the analysis of Dayforce Correlation against competitors.
For more information on how to buy Dayforce Stock please use our How to Invest in Dayforce guide.

Latest Dayforce's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Dayforce over the last few years. Price to Sales Ratio is figured by comparing Dayforce stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Dayforce sales, a figure that is much harder to manipulate than other Dayforce 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. Dayforce's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dayforce's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 6.96 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Dayforce Price To Sales Ratio Regression Statistics

Arithmetic Mean6.39
Geometric Mean5.06
Coefficient Of Variation78.74
Mean Deviation3.82
Median3.27
Standard Deviation5.03
Sample Variance25.35
Range15.8487
R-Value0.60
Mean Square Error17.36
R-Squared0.36
Significance0.02
Slope0.68
Total Sum of Squares354.91

Dayforce Price To Sales Ratio History

2024 6.63
2023 6.89
2022 7.87
2021 15.34
2020 18.56
2019 11.7
2018 5.31

About Dayforce Financial Statements

Dayforce investors use historical fundamental indicators, such as Dayforce'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 Dayforce. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 6.89  6.63 

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Additional Tools for Dayforce Stock Analysis

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