Nice Price To Sales Ratio from 2010 to 2025
| NICE Stock | USD 156.17 0.61 0.39% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 5.03 | Current Value 2.8 | Quarterly Volatility 2.55419438 |
Check Nice financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nice's main balance sheet or income statement drivers, such as Depreciation And Amortization of 215.3 M, Interest Expense of 4.7 M or Selling General Administrative of 288.6 M, as well as many indicators such as Price To Sales Ratio of 2.8, Ptb Ratio of 2.04 or Days Sales Outstanding of 104. Nice financial statements analysis is a perfect complement when working with Nice Valuation or Volatility modules.
Nice | Price To Sales Ratio |
Latest Nice's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Nice Ltd ADR over the last few years. Price to Sales Ratio is figured by comparing Nice Ltd ADR stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nice sales, a figure that is much harder to manipulate than other Nice Ltd ADR 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. Nice's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nice's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 3.62 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Nice Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 4.83 | |
| Geometric Mean | 4.34 | |
| Coefficient Of Variation | 52.88 | |
| Mean Deviation | 1.84 | |
| Median | 4.21 | |
| Standard Deviation | 2.55 | |
| Sample Variance | 6.52 | |
| Range | 8.3836 | |
| R-Value | 0.48 | |
| Mean Square Error | 5.38 | |
| R-Squared | 0.23 | |
| Significance | 0.06 | |
| Slope | 0.26 | |
| Total Sum of Squares | 97.86 |
Nice Price To Sales Ratio History
About Nice Financial Statements
Nice stakeholders use historical fundamental indicators, such as Nice's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Nice investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nice's assets and liabilities are reflected in the revenues and expenses on Nice'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 Nice Ltd ADR. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 5.03 | 2.80 |
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Is Application Software 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 Nice. If investors know Nice 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 Nice 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 0.231 | Earnings Share 6.76 | Revenue Per Share | Quarterly Revenue Growth 0.158 | Return On Assets |
The market value of Nice Ltd ADR is measured differently than its book value, which is the value of Nice that is recorded on the company's balance sheet. Investors also form their own opinion of Nice's value that differs from its market value or its book value, called intrinsic value, which is Nice'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 Nice's market value can be influenced by many factors that don't directly affect Nice'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 Nice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nice'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.