| OPTX Stock | | | 3.50 1.56 80.41% |
Syntec Optics 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 2024.
Check out the analysis of
Syntec Optics Correlation against competitors.
Latest Syntec Optics' Price To Sales Growth Pattern
Below is the plot of the Price To Sales Ratio of Syntec Optics Holdings over the last few years. Price to Sales Ratio is figured by comparing Syntec Optics Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Syntec Optics sales, a figure that is much harder to manipulate than other Syntec Optics Holdings 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. Syntec Optics' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Syntec Optics' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 4.57 X | 10 Years Trend | | |
Syntec Price To Sales Regression Statistics
| Arithmetic Mean | 7.50 |
| Geometric Mean | 7.35 |
| Coefficient Of Variation | 23.50 |
| Mean Deviation | 0.99 |
| Median | 7.09 |
| Standard Deviation | 1.76 |
| Sample Variance | 3.11 |
| Range | 8.1435 |
| R-Value | 0.30 |
| Mean Square Error | 3.04 |
| R-Squared | 0.09 |
| Significance | 0.27 |
| Slope | 0.12 |
| Total Sum of Squares | 43.51 |
Syntec Price To Sales History
| 2024 | 9.27 | |
| 2023 | 5.04 | |
| 2022 | 13.18 | |
About Syntec Optics Financial Statements
Syntec Optics investors use historical fundamental indicators, such as Syntec Optics' 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 Syntec Optics. Please read more on our
technical analysis and
fundamental analysis pages.
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Additional Tools for Syntec Stock Analysis
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measure Syntec Optics' 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 Syntec Optics is operating at the current time. Most of Syntec Optics' value examination focuses on studying past and present price action to
predict the probability of Syntec Optics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Syntec Optics' price. Additionally, you may evaluate how the addition of Syntec Optics to your portfolios can decrease your overall portfolio volatility.