Remitly Price To Sales Ratio from 2010 to 2025

RELY Stock  USD 20.63  0.00  0.00%   
Remitly Global Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio will likely drop to 3.30 in 2025. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Remitly Global'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
3.47571097
Current Value
3.3
Quarterly Volatility
83.46204184
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Remitly Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Remitly Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.2 M, Interest Expense of 3.1 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 3.3, Dividend Yield of 0.0 or PTB Ratio of 6.27. Remitly financial statements analysis is a perfect complement when working with Remitly Global Valuation or Volatility modules.
  
Check out the analysis of Remitly Global Correlation against competitors.
For more information on how to buy Remitly Stock please use our How to Invest in Remitly Global guide.

Latest Remitly Global's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Remitly Global over the last few years. Price to Sales Ratio is figured by comparing Remitly Global stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Remitly Global sales, a figure that is much harder to manipulate than other Remitly Global 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. Remitly Global's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Remitly Global's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.23 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Remitly Price To Sales Ratio Regression Statistics

Arithmetic Mean38.61
Geometric Mean9.89
Coefficient Of Variation216.17
Mean Deviation45.76
Median13.40
Standard Deviation83.46
Sample Variance6,966
Range339
R-Value(0.42)
Mean Square Error6,134
R-Squared0.18
Significance0.10
Slope(7.40)
Total Sum of Squares104,489

Remitly Price To Sales Ratio History

2025 3.3
2024 3.48
2023 3.72
2022 2.94
2021 7.38
2020 30.67

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's Price To Sales Ratio, 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 Remitly Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 3.48  3.30 

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Additional Tools for Remitly Stock Analysis

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