| SOLV Stock | | | 71.51 0.97 1.34% |
Solventum Corp 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.
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Solventum Corp Correlation against competitors.
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Latest Solventum Corp's Price To Sales Growth Pattern
Below is the plot of the Price To Sales Ratio of Solventum Corp over the last few years. Price to Sales Ratio is figured by comparing Solventum Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Solventum Corp sales, a figure that is much harder to manipulate than other Solventum 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. Solventum Corp's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Solventum Corp's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.31 X | 10 Years Trend | | |
Solventum Price To Sales Regression Statistics
| Arithmetic Mean | 1.86 |
| Geometric Mean | 1.85 |
| Coefficient Of Variation | 4.60 |
| Mean Deviation | 0.07 |
| Median | 1.89 |
| Standard Deviation | 0.09 |
| Sample Variance | 0.01 |
| Range | 0.2244 |
| R-Value | (0.56) |
| Mean Square Error | 0.01 |
| R-Squared | 0.31 |
| Significance | 0.03 |
| Slope | (0.01) |
| Total Sum of Squares | 0.10 |
Solventum Price To Sales History
| 2024 | 1.91 | |
| 2022 | 1.7 | |
| 2021 | 1.69 | |
About Solventum Corp Financial Statements
Solventum Corp investors use historical fundamental indicators, such as Solventum Corp's 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 Solventum Corp. Please read more on our
technical analysis and
fundamental analysis pages.
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Additional Tools for Solventum Stock Analysis
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