Golden Price Sales Ratio from 2010 to 2024

GMGI Stock  USD 2.35  0.02  0.84%   
Golden Matrix's Price Sales Ratio is decreasing with slightly volatile movements from year to year. Price Sales Ratio is estimated to finish at 3.19 this year. For the period between 2010 and 2024, Golden Matrix, Price Sales Ratio quarterly trend regression had mean deviation of  1.62 and range of 5.444. View All Fundamentals
 
Price Sales Ratio  
First Reported
2010-12-31
Previous Quarter
2.24
Current Value
3.19
Quarterly Volatility
1.78398428
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Golden Matrix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden Matrix's main balance sheet or income statement drivers, such as Selling General Administrative of 12.6 M, Other Operating Expenses of 43.3 M or EBIT of 232.4 K, as well as many indicators such as Price To Sales Ratio of 3.19, Dividend Yield of 0.0 or PTB Ratio of 2.86. Golden financial statements analysis is a perfect complement when working with Golden Matrix Valuation or Volatility modules.
  
Check out the analysis of Golden Matrix Correlation against competitors.

Latest Golden Matrix's Price Sales Ratio Growth Pattern

Below is the plot of the Price Sales Ratio of Golden Matrix Group over the last few years. It is Golden Matrix's Price Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Golden Matrix's overall financial position and show how it may be relating to other accounts over time.
Price Sales Ratio10 Years Trend
Slightly volatile
   Price Sales Ratio   
       Timeline  

Golden Price Sales Ratio Regression Statistics

Arithmetic Mean3.38
Geometric Mean2.79
Coefficient Of Variation52.78
Mean Deviation1.62
Median3.19
Standard Deviation1.78
Sample Variance3.18
Range5.444
R-Value(0.59)
Mean Square Error2.22
R-Squared0.35
Significance0.02
Slope(0.24)
Total Sum of Squares44.56

Golden Price Sales Ratio History

2024 3.19
2023 2.24
2019 1.95
2018 5.86
2017 1.27
2016 0.42

About Golden Matrix Financial Statements

Investors use fundamental indicators, such as Golden Matrix's Price Sales Ratio, to determine how well the company is positioned to perform in the future. Although Golden Matrix's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Price Sales Ratio 2.24  3.19 

Currently Active Assets on Macroaxis

When determining whether Golden Matrix Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Matrix'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 Golden Matrix Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Matrix Group Stock:
Check out the analysis of Golden Matrix Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Movies & Entertainment 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 Golden Matrix. If investors know Golden 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 Golden Matrix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(1.00)
Earnings Share
(0.02)
Revenue Per Share
2.391
Quarterly Revenue Growth
0.748
Return On Assets
0.0014
The market value of Golden Matrix Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Matrix's value that differs from its market value or its book value, called intrinsic value, which is Golden Matrix'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 Golden Matrix's market value can be influenced by many factors that don't directly affect Golden Matrix'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 Golden Matrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Matrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Matrix'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.