Neuropace Price To Sales Ratio from 2010 to 2024

NPCE Stock  USD 10.25  0.05  0.49%   
Neuropace's Price To Sales Ratio is decreasing over the years with slightly volatile fluctuation. Price To Sales Ratio is expected to dwindle to 3.87. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Neuropace'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
4.07410758
Current Value
3.87
Quarterly Volatility
5.75739797
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Neuropace financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Neuropace's main balance sheet or income statement drivers, such as Interest Income of 3.2 M, Depreciation And Amortization of 1.6 M or Interest Expense of 7.1 M, as well as many indicators such as Price To Sales Ratio of 3.87, Dividend Yield of 0.0 or PTB Ratio of 13.55. Neuropace financial statements analysis is a perfect complement when working with Neuropace Valuation or Volatility modules.
  
Check out the analysis of Neuropace Correlation against competitors.
For information on how to trade Neuropace Stock refer to our How to Trade Neuropace Stock guide.

Latest Neuropace's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Neuropace over the last few years. Price to Sales Ratio is figured by comparing Neuropace stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Neuropace sales, a figure that is much harder to manipulate than other Neuropace 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. Neuropace's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Neuropace's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.98 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Neuropace Price To Sales Ratio Regression Statistics

Arithmetic Mean12.64
Geometric Mean10.10
Coefficient Of Variation45.57
Mean Deviation4.84
Median16.09
Standard Deviation5.76
Sample Variance33.15
Range15.2815
R-Value(0.78)
Mean Square Error13.94
R-Squared0.61
Significance0.0006
Slope(1.01)
Total Sum of Squares464.07

Neuropace Price To Sales Ratio History

2024 3.87
2023 4.07
2022 0.81
2021 5.46
2020 14.46

About Neuropace Financial Statements

Neuropace stakeholders use historical fundamental indicators, such as Neuropace's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Neuropace investors may analyze each financial statement separately, they are all interrelated. For example, changes in Neuropace's assets and liabilities are reflected in the revenues and expenses on Neuropace'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 Neuropace. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 4.07  3.87 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Neuropace is a strong investment it is important to analyze Neuropace'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 Neuropace's future performance. For an informed investment choice regarding Neuropace Stock, refer to the following important reports:
Check out the analysis of Neuropace Correlation against competitors.
For information on how to trade Neuropace Stock refer to our How to Trade Neuropace Stock guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Health Care Equipment & Supplies 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 Neuropace. If investors know Neuropace 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 Neuropace listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.98)
Revenue Per Share
2.697
Quarterly Revenue Growth
0.282
Return On Assets
(0.15)
Return On Equity
(2.15)
The market value of Neuropace is measured differently than its book value, which is the value of Neuropace that is recorded on the company's balance sheet. Investors also form their own opinion of Neuropace's value that differs from its market value or its book value, called intrinsic value, which is Neuropace'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 Neuropace's market value can be influenced by many factors that don't directly affect Neuropace'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 Neuropace's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neuropace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neuropace'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.