| LHX Stock | | | USD 210.71 0.00 0.00% |
L3Harris Technologies Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio is likely to outpace its year average in 2025.
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L3Harris Technologies Correlation against competitors.
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Latest L3Harris Technologies' Price To Sales Growth Pattern
Below is the plot of the Price To Sales Ratio of L3Harris Technologies over the last few years. Price to Sales Ratio is figured by comparing L3Harris Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on L3Harris Technologies sales, a figure that is much harder to manipulate than other L3Harris Technologies 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. L3Harris Technologies' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in L3Harris Technologies' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.83 X | 10 Years Trend | | |
L3Harris Price To Sales Regression Statistics
| Arithmetic Mean | 2.19 |
| Geometric Mean | 2.18 |
| Coefficient Of Variation | 7.95 |
| Mean Deviation | 0.12 |
| Median | 2.22 |
| Standard Deviation | 0.17 |
| Sample Variance | 0.03 |
| Range | 0.5448 |
| R-Value | (0.29) |
| Mean Square Error | 0.03 |
| R-Squared | 0.09 |
| Significance | 0.27 |
| Slope | (0.01) |
| Total Sum of Squares | 0.45 |
L3Harris Price To Sales History
| 2022 | 1.86 | |
| 2021 | 2.41 | |
| 2019 | 2.36 | |
About L3Harris Technologies Financial Statements
L3Harris Technologies investors use historical fundamental indicators, such as L3Harris Technologies' Price To Sales, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in L3Harris Technologies. Please read more on our
technical analysis and
fundamental analysis pages.
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Additional Tools for L3Harris Stock Analysis
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measure L3Harris Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to
predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.