Sweetgreen Price To Sales Ratio from 2010 to 2024
SG Stock | USD 40.98 1.45 3.42% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 2.49 | Current Value 2.37 | Quarterly Volatility 6.98302993 |
Check Sweetgreen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sweetgreen's main balance sheet or income statement drivers, such as Tax Provision of 2.1 M, Interest Income of 13.1 M or Interest Expense of 121.6 K, as well as many indicators such as Price To Sales Ratio of 2.37, Dividend Yield of 0.0 or PTB Ratio of 2.48. Sweetgreen financial statements analysis is a perfect complement when working with Sweetgreen Valuation or Volatility modules.
Sweetgreen | Price To Sales Ratio |
Latest Sweetgreen's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Sweetgreen over the last few years. Price to Sales Ratio is figured by comparing Sweetgreen stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Sweetgreen sales, a figure that is much harder to manipulate than other Sweetgreen 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. Sweetgreen's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sweetgreen's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 7.34 X | 10 Years Trend |
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Price To Sales Ratio |
Timeline |
Sweetgreen Price To Sales Ratio Regression Statistics
Arithmetic Mean | 4.88 | |
Geometric Mean | 3.02 | |
Coefficient Of Variation | 143.11 | |
Mean Deviation | 4.54 | |
Median | 2.07 | |
Standard Deviation | 6.98 | |
Sample Variance | 48.76 | |
Range | 22.2056 | |
R-Value | 0.25 | |
Mean Square Error | 49.29 | |
R-Squared | 0.06 | |
Significance | 0.37 | |
Slope | 0.39 | |
Total Sum of Squares | 682.68 |
Sweetgreen Price To Sales Ratio History
About Sweetgreen Financial Statements
Sweetgreen stakeholders use historical fundamental indicators, such as Sweetgreen's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Sweetgreen investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sweetgreen's assets and liabilities are reflected in the revenues and expenses on Sweetgreen'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 Sweetgreen. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Price To Sales Ratio | 2.49 | 2.37 |
Currently Active Assets on Macroaxis
Check out the analysis of Sweetgreen Correlation against competitors. For more detail on how to invest in Sweetgreen Stock please use our How to Invest in Sweetgreen guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Hotels, Restaurants & Leisure 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 Sweetgreen. If investors know Sweetgreen 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 Sweetgreen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.78) | Revenue Per Share 5.896 | Quarterly Revenue Growth 0.13 | Return On Assets (0.06) | Return On Equity (0.18) |
The market value of Sweetgreen is measured differently than its book value, which is the value of Sweetgreen that is recorded on the company's balance sheet. Investors also form their own opinion of Sweetgreen's value that differs from its market value or its book value, called intrinsic value, which is Sweetgreen'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 Sweetgreen's market value can be influenced by many factors that don't directly affect Sweetgreen'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 Sweetgreen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sweetgreen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sweetgreen'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.