Desktop Price To Sales Ratio from 2010 to 2024
DM Stock | USD 4.02 0.12 2.90% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 1.27554962 | Current Value 1.21 | Quarterly Volatility 70.92370202 |
Check Desktop Metal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Desktop Metal's main balance sheet or income statement drivers, such as Total Revenue of 103.1 M, Interest Income of 896.8 K or Depreciation And Amortization of 30.7 M, as well as many indicators such as Price To Sales Ratio of 1.21, Dividend Yield of 0.0 or PTB Ratio of 1.05. Desktop financial statements analysis is a perfect complement when working with Desktop Metal Valuation or Volatility modules.
Desktop | Price To Sales Ratio |
Latest Desktop Metal's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Desktop Metal over the last few years. Price to Sales Ratio is figured by comparing Desktop Metal stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Desktop Metal sales, a figure that is much harder to manipulate than other Desktop Metal 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. Desktop Metal's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Desktop Metal's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 0.82 X | 10 Years Trend |
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Price To Sales Ratio |
Timeline |
Desktop Price To Sales Ratio Regression Statistics
Arithmetic Mean | 107.79 | |
Geometric Mean | 47.28 | |
Coefficient Of Variation | 65.80 | |
Mean Deviation | 63.95 | |
Median | 154.74 | |
Standard Deviation | 70.92 | |
Sample Variance | 5,030 | |
Range | 164 | |
R-Value | (0.79) | |
Mean Square Error | 2,005 | |
R-Squared | 0.63 | |
Significance | 0.0004 | |
Slope | (12.59) | |
Total Sum of Squares | 70,422 |
Desktop Price To Sales Ratio History
About Desktop Metal Financial Statements
Desktop Metal investors utilize fundamental indicators, such as Price To Sales Ratio, to predict how Desktop Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Price To Sales Ratio | 1.28 | 1.21 |
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Is Electronic Equipment, Instruments & Components 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 Desktop Metal. If investors know Desktop 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 Desktop Metal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (11.15) | Revenue Per Share 5.117 | Quarterly Revenue Growth (0.15) | Return On Assets (0.24) | Return On Equity (1.53) |
The market value of Desktop Metal is measured differently than its book value, which is the value of Desktop that is recorded on the company's balance sheet. Investors also form their own opinion of Desktop Metal's value that differs from its market value or its book value, called intrinsic value, which is Desktop Metal's 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 Desktop Metal's market value can be influenced by many factors that don't directly affect Desktop Metal's 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 Desktop Metal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Desktop Metal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Desktop Metal's 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.