Callaway Price To Sales Ratio from 2010 to 2024

MODG Stock  USD 8.30  0.01  0.12%   
Callaway Golf's Price To Sales Ratio is decreasing over the last several years with slightly volatile swings. Price To Sales Ratio is predicted to flatten to 0.59. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Callaway Golf's market cap by its total sales or revenue over a 12-month period. View All Fundamentals
 
Price To Sales Ratio  
First Reported
2010-12-31
Previous Quarter
0.61914208
Current Value
0.59
Quarterly Volatility
17.25884146
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Callaway Golf financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Callaway Golf's main balance sheet or income statement drivers, such as Depreciation And Amortization of 251.7 M, Interest Expense of 220.7 M or Total Revenue of 4.5 B, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.0 or PTB Ratio of 0.65. Callaway financial statements analysis is a perfect complement when working with Callaway Golf Valuation or Volatility modules.
  
Check out the analysis of Callaway Golf Correlation against competitors.
For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.

Latest Callaway Golf's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Callaway Golf over the last few years. Price to Sales Ratio is figured by comparing Callaway Golf stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Callaway Golf sales, a figure that is much harder to manipulate than other Callaway Golf 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. Callaway Golf's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Callaway Golf's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.36 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Callaway Price To Sales Ratio Regression Statistics

Arithmetic Mean5.39
Geometric Mean1.16
Coefficient Of Variation320.41
Mean Deviation8.32
Median0.93
Standard Deviation17.26
Sample Variance297.87
Range67.3587
R-Value(0.43)
Mean Square Error262.35
R-Squared0.18
Significance0.11
Slope(1.65)
Total Sum of Squares4,170

Callaway Price To Sales Ratio History

2024 0.59
2023 0.62
2022 0.91
2021 1.48
2020 1.42
2019 1.17
2018 1.16

About Callaway Golf Financial Statements

Callaway Golf stakeholders use historical fundamental indicators, such as Callaway Golf's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Callaway Golf investors may analyze each financial statement separately, they are all interrelated. For example, changes in Callaway Golf's assets and liabilities are reflected in the revenues and expenses on Callaway Golf'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 Callaway Golf. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.62  0.59 

Currently Active Assets on Macroaxis

When determining whether Callaway Golf is a strong investment it is important to analyze Callaway Golf's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Callaway Golf's future performance. For an informed investment choice regarding Callaway Stock, refer to the following important reports:
Check out the analysis of Callaway Golf Correlation against competitors.
For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Leisure Products 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 Callaway Golf. If investors know Callaway 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 Callaway Golf 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
(0.46)
Earnings Share
(0.07)
Revenue Per Share
22.907
Quarterly Revenue Growth
(0.03)
Return On Assets
0.013
The market value of Callaway Golf is measured differently than its book value, which is the value of Callaway that is recorded on the company's balance sheet. Investors also form their own opinion of Callaway Golf's value that differs from its market value or its book value, called intrinsic value, which is Callaway Golf'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 Callaway Golf's market value can be influenced by many factors that don't directly affect Callaway Golf'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 Callaway Golf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Callaway Golf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Callaway Golf'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.