Hope Price To Sales Ratio from 2010 to 2025
| HOPE Stock | USD 10.45 0.02 0.19% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 1.56088819 | Current Value 2.58 | Quarterly Volatility 1.06894668 |
Check Hope Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hope Bancorp's main balance sheet or income statement drivers, such as Interest Expense of 552.4 M, Total Revenue of 1 B or Gross Profit of 1 B, as well as many indicators such as Price To Sales Ratio of 2.58, Dividend Yield of 0.0476 or PTB Ratio of 0.66. Hope financial statements analysis is a perfect complement when working with Hope Bancorp Valuation or Volatility modules.
Hope | Price To Sales Ratio |
Latest Hope Bancorp's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Hope Bancorp over the last few years. Price to Sales Ratio is figured by comparing Hope Bancorp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Hope Bancorp sales, a figure that is much harder to manipulate than other Hope Bancorp 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. Hope Bancorp's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hope Bancorp's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 2.81 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Hope Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 3.24 | |
| Geometric Mean | 3.07 | |
| Coefficient Of Variation | 33.00 | |
| Mean Deviation | 0.86 | |
| Median | 3.25 | |
| Standard Deviation | 1.07 | |
| Sample Variance | 1.14 | |
| Range | 3.924 | |
| R-Value | (0.31) | |
| Mean Square Error | 1.11 | |
| R-Squared | 0.1 | |
| Significance | 0.24 | |
| Slope | (0.07) | |
| Total Sum of Squares | 17.14 |
Hope Price To Sales Ratio History
About Hope Bancorp Financial Statements
Hope Bancorp stakeholders use historical fundamental indicators, such as Hope Bancorp's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Hope Bancorp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Hope Bancorp's assets and liabilities are reflected in the revenues and expenses on Hope Bancorp'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 Hope Bancorp. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 1.56 | 2.58 |
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Check out the analysis of Hope Bancorp Correlation against competitors. For information on how to trade Hope Stock refer to our How to Trade Hope Stock guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Regional Banks 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 Hope Bancorp. If investors know Hope 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 Hope Bancorp 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 (0.09) | Dividend Share 0.56 | Earnings Share 0.82 | Revenue Per Share | Quarterly Revenue Growth (0.17) |
The market value of Hope Bancorp is measured differently than its book value, which is the value of Hope that is recorded on the company's balance sheet. Investors also form their own opinion of Hope Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Hope Bancorp'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 Hope Bancorp's market value can be influenced by many factors that don't directly affect Hope Bancorp'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 Hope Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hope Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hope Bancorp'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.