Wang Price To Sales Ratio from 2010 to 2024

WLGS Stock   4.67  0.68  12.71%   
Wang Lee Price To Sales Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Sales Ratio will likely drop to 1.50 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Wang Lee'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
1.58105654
Current Value
1.5
Quarterly Volatility
2.94304988
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Wang Lee financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wang Lee's main balance sheet or income statement drivers, such as Income Tax Expense of 257.6 K, Tax Provision of 0.0 or Depreciation And Amortization of 34 K, as well as many indicators such as Price To Sales Ratio of 1.5, Dividend Yield of 0.0 or PTB Ratio of 1.89. Wang financial statements analysis is a perfect complement when working with Wang Lee Valuation or Volatility modules.
  
Check out the analysis of Wang Lee Correlation against competitors.

Latest Wang Lee's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Wang Lee Group, over the last few years. Price to Sales Ratio is figured by comparing Wang Lee Group, stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Wang Lee sales, a figure that is much harder to manipulate than other Wang Lee Group, 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. Wang Lee's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wang Lee's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 10.32 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Wang Price To Sales Ratio Regression Statistics

Arithmetic Mean8.39
Geometric Mean7.38
Coefficient Of Variation35.09
Mean Deviation1.83
Median8.89
Standard Deviation2.94
Sample Variance8.66
Range9.9131
R-Value(0.37)
Mean Square Error8.08
R-Squared0.13
Significance0.18
Slope(0.24)
Total Sum of Squares121.26

Wang Price To Sales Ratio History

2024 1.5
2023 1.58
2022 11.15
2021 11.25
2020 11.41

About Wang Lee Financial Statements

Wang Lee 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 Wang Lee investors may analyze each financial statement separately, they are all interrelated. The changes in Wang Lee's assets and liabilities, for example, are also reflected in the revenues and expenses on on Wang Lee'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 1.58  1.50 

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Additional Tools for Wang Stock Analysis

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