Edesa Price To Sales Ratio from 2010 to 2024

EDSA Stock  USD 1.90  0.12  6.74%   
Edesa Biotech's Price To Sales Ratio is increasing over the years with slightly volatile fluctuation. Overall, Price To Sales Ratio is expected to go to 2,738 this year. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Edesa Biotech'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
2.6 K
Current Value
2.7 K
Quarterly Volatility
1.1 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Edesa Biotech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Edesa Biotech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 121.8 K, Interest Expense of 993.4 K or Selling General Administrative of 3.6 M, as well as many indicators such as Price To Sales Ratio of 2.7 K, Dividend Yield of 0.0 or PTB Ratio of 115. Edesa financial statements analysis is a perfect complement when working with Edesa Biotech Valuation or Volatility modules.
  
Check out the analysis of Edesa Biotech Correlation against competitors.
For information on how to trade Edesa Stock refer to our How to Trade Edesa Stock guide.

Latest Edesa Biotech's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Edesa Biotech over the last few years. Price to Sales Ratio is figured by comparing Edesa Biotech stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Edesa Biotech sales, a figure that is much harder to manipulate than other Edesa Biotech 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. Edesa Biotech's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Edesa Biotech's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 120,478 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Edesa Price To Sales Ratio Regression Statistics

Arithmetic Mean1,004
Geometric Mean475.60
Coefficient Of Variation105.77
Mean Deviation950.59
Median469.85
Standard Deviation1,062
Sample Variance1.1M
Range2.7K
R-Value0.76
Mean Square Error513,835
R-Squared0.58
Significance0
Slope180.40
Total Sum of Squares15.8M

Edesa Price To Sales Ratio History

2024 2738.46
2023 2608.05
2020 2267.87
2019 211.25
2018 69.52
2017 131.79
2016 33.47

About Edesa Biotech Financial Statements

Edesa Biotech stakeholders use historical fundamental indicators, such as Edesa Biotech's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Edesa Biotech investors may analyze each financial statement separately, they are all interrelated. For example, changes in Edesa Biotech's assets and liabilities are reflected in the revenues and expenses on Edesa Biotech's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Edesa Biotech. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio2.6 K2.7 K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Edesa Biotech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Edesa Biotech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Edesa Biotech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Edesa Biotech Stock:
Check out the analysis of Edesa Biotech Correlation against competitors.
For information on how to trade Edesa Stock refer to our How to Trade Edesa Stock guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Biotechnology 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 Edesa Biotech. If investors know Edesa 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 Edesa Biotech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(19.78)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.72)
Return On Equity
(1.29)
The market value of Edesa Biotech is measured differently than its book value, which is the value of Edesa that is recorded on the company's balance sheet. Investors also form their own opinion of Edesa Biotech's value that differs from its market value or its book value, called intrinsic value, which is Edesa Biotech'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 Edesa Biotech's market value can be influenced by many factors that don't directly affect Edesa Biotech'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 Edesa Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edesa Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edesa Biotech'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.