Kandi Price To Sales Ratio from 2010 to 2024
| KNDI Stock | USD 1.26 0.01 0.79% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 1.78469607 | Current Value 1.97 | Quarterly Volatility 1.05612419 |
Check Kandi Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kandi Technologies' main balance sheet or income statement drivers, such as Interest Expense of 2.1 M, Other Operating Expenses of 88.2 M or EBIT of 5 M, as well as many indicators such as Price To Sales Ratio of 1.97, Dividend Yield of 0.0 or PTB Ratio of 0.52. Kandi financial statements analysis is a perfect complement when working with Kandi Technologies Valuation or Volatility modules.
Kandi | Price To Sales Ratio |
Latest Kandi Technologies' Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Kandi Technologies Group over the last few years. Price to Sales Ratio is figured by comparing Kandi Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Kandi Technologies sales, a figure that is much harder to manipulate than other Kandi Technologies Group 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. Kandi Technologies' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kandi Technologies' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.87 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Kandi Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 2.53 | |
| Geometric Mean | 2.35 | |
| Coefficient Of Variation | 41.83 | |
| Mean Deviation | 0.81 | |
| Median | 1.97 | |
| Standard Deviation | 1.06 | |
| Sample Variance | 1.12 | |
| Range | 3.5444 | |
| R-Value | (0.13) | |
| Mean Square Error | 1.18 | |
| R-Squared | 0.02 | |
| Significance | 0.64 | |
| Slope | (0.03) | |
| Total Sum of Squares | 15.62 |
Kandi Price To Sales Ratio History
About Kandi Technologies Financial Statements
Investors use fundamental indicators, such as Kandi Technologies' Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Kandi Technologies' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 1.78 | 1.97 |
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When determining whether Kandi Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kandi Technologies' 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 Kandi Technologies Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kandi Technologies Group Stock:Check out the analysis of Kandi Technologies Correlation against competitors. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Automotive Parts & Equipment 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 Kandi Technologies. If investors know Kandi 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 Kandi Technologies 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 (0.60) | Earnings Share (0.08) | Revenue Per Share 1.466 | Quarterly Revenue Growth 0.089 | Return On Assets (0.02) |
The market value of Kandi Technologies is measured differently than its book value, which is the value of Kandi that is recorded on the company's balance sheet. Investors also form their own opinion of Kandi Technologies' value that differs from its market value or its book value, called intrinsic value, which is Kandi Technologies' 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 Kandi Technologies' market value can be influenced by many factors that don't directly affect Kandi Technologies' 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 Kandi Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kandi Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kandi Technologies' 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.