E2open Price To Sales Ratio from 2010 to 2024
| ETWO Stock | USD 3.04 0.03 0.98% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 2.02483434 | Current Value 7.05407907 | Quarterly Volatility 1.64142616 |
Check E2open Parent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among E2open Parent's main balance sheet or income statement drivers, such as Depreciation And Amortization of 140.4 M, Interest Expense of 55.5 M or Selling General Administrative of 64.1 M, as well as many indicators such as Price To Sales Ratio of 7.05, Dividend Yield of 0.0 or PTB Ratio of 1.03. E2open financial statements analysis is a perfect complement when working with E2open Parent Valuation or Volatility modules.
E2open | Price To Sales Ratio |
Latest E2open Parent's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of E2open Parent Holdings over the last few years. Price to Sales Ratio is figured by comparing E2open Parent Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on E2open Parent sales, a figure that is much harder to manipulate than other E2open Parent Holdings 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. E2open Parent's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in E2open Parent's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 3.03 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
E2open Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 3.63 | |
| Geometric Mean | 3.36 | |
| Coefficient Of Variation | 45.18 | |
| Mean Deviation | 1.32 | |
| Median | 2.79 | |
| Standard Deviation | 1.64 | |
| Sample Variance | 2.69 | |
| Range | 5.0292 | |
| R-Value | 0.51 | |
| Mean Square Error | 2.14 | |
| R-Squared | 0.26 | |
| Significance | 0.05 | |
| Slope | 0.19 | |
| Total Sum of Squares | 37.72 |
E2open Price To Sales Ratio History
About E2open Parent Financial Statements
E2open Parent investors utilize fundamental indicators, such as Price To Sales Ratio, to predict how E2open 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 | 2.02 | 7.05 |
Pair Trading with E2open Parent
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if E2open Parent position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in E2open Parent will appreciate offsetting losses from the drop in the long position's value.Moving against E2open Stock
| 0.88 | DUOT | Duos Technologies | PairCorr |
| 0.86 | DOCU | DocuSign Earnings Call This Week | PairCorr |
| 0.83 | BL | Blackline | PairCorr |
| 0.75 | DSGX | Descartes Systems Earnings Call Tomorrow | PairCorr |
| 0.75 | DUOL | Duolingo | PairCorr |
The ability to find closely correlated positions to E2open Parent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace E2open Parent when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back E2open Parent - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling E2open Parent Holdings to buy it.
The correlation of E2open Parent is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as E2open Parent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if E2open Parent Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for E2open Parent can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of E2open Parent Correlation against competitors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Application Software 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 E2open Parent. If investors know E2open 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 E2open Parent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.55) | Revenue Per Share 1.674 | Quarterly Revenue Growth (0.04) | Return On Assets (0) | Return On Equity (0.26) |
The market value of E2open Parent Holdings is measured differently than its book value, which is the value of E2open that is recorded on the company's balance sheet. Investors also form their own opinion of E2open Parent's value that differs from its market value or its book value, called intrinsic value, which is E2open Parent'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 E2open Parent's market value can be influenced by many factors that don't directly affect E2open Parent'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 E2open Parent's value and its price as these two are different measures arrived at by different means. Investors typically determine if E2open Parent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, E2open Parent'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.