Otis Price To Sales Ratio from 2010 to 2025

OTIS Stock  USD 99.11  0.94  0.94%   
Otis Worldwide Price To Sales Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Sales Ratio will likely drop to 1.71 in 2025. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Otis Worldwide'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
2.60861349
Current Value
1.71
Quarterly Volatility
0.44612273
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Otis Worldwide financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Otis Worldwide's main balance sheet or income statement drivers, such as Tax Provision of 478.2 M, Net Interest Income of 32.5 M or Interest Income of 78.9 M, as well as many indicators such as Price To Sales Ratio of 1.71, Dividend Yield of 0.0103 or Days Sales Outstanding of 78.71. Otis financial statements analysis is a perfect complement when working with Otis Worldwide Valuation or Volatility modules.
  
Check out the analysis of Otis Worldwide Correlation against competitors.

Latest Otis Worldwide's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Otis Worldwide Corp over the last few years. Price to Sales Ratio is figured by comparing Otis Worldwide Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Otis Worldwide sales, a figure that is much harder to manipulate than other Otis Worldwide Corp 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. Otis Worldwide's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Otis Worldwide's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.78 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Otis Price To Sales Ratio Regression Statistics

Arithmetic Mean1.87
Geometric Mean1.83
Coefficient Of Variation23.84
Mean Deviation0.39
Median1.59
Standard Deviation0.45
Sample Variance0.20
Range1.1146
R-Value0.68
Mean Square Error0.11
R-Squared0.47
Significance0
Slope0.06
Total Sum of Squares2.99

Otis Price To Sales Ratio History

2025 1.71
2024 2.61
2023 2.59
2022 2.4
2021 2.6
2020 2.29
2019 1.49

About Otis Worldwide Financial Statements

Otis Worldwide shareholders use historical fundamental indicators, such as Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Otis Worldwide investors may analyze each financial statement separately, they are all interrelated. The changes in Otis Worldwide's assets and liabilities, for example, are also reflected in the revenues and expenses on on Otis Worldwide's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Sales Ratio 2.61  1.71 

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Additional Tools for Otis Stock Analysis

When running Otis Worldwide's price analysis, check to measure Otis Worldwide's 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 Otis Worldwide is operating at the current time. Most of Otis Worldwide's value examination focuses on studying past and present price action to predict the probability of Otis Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otis Worldwide's price. Additionally, you may evaluate how the addition of Otis Worldwide to your portfolios can decrease your overall portfolio volatility.