Sphere 3d Corp Stock Price To Sales

ANY Stock

USD 1.38 0.18 15.00%

Sphere 3D Corp fundamentals help investors to digest information that contributes to Sphere 3D's financial success or failures. It also enables traders to predict the movement of Sphere Stock. The fundamental analysis module provides a way to measure Sphere 3D's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sphere 3D stock.

		Last Reported	Projected for Next Year
	Price To Sales Ratio	1.84	1.75

Price To Sales Ratio is likely to drop to 1.75 in 2024.

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Sphere 3D Corp Company Price To Sales Analysis

Sphere 3D's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Sphere 3D Price To Sales

1.30 X

Most of Sphere 3D's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sphere 3D Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sphere Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Sphere 3D is extremely important. It helps to project a fair market value of Sphere Stock properly, considering its historical fundamentals such as Price To Sales. Since Sphere 3D's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sphere 3D's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sphere 3D's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Short Term Investments	Total Liab	Total Current Assets	Net Tangible Assets	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Long Term Debt Total	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.92	-0.37	-0.14	0.43	0.44	0.98	0.29	0.4	0.37	0.51	0.44	0.43	0.8	0.39	0.28	0.87	0.44	0.41	0.39	-0.08	0.79	0.51	0.45
Total Stockholder Equity	0.92		-0.68	-0.14	0.37	0.06	0.92	0.44	0.04	0.1	0.17	0.17	0.12	0.92	0.06	-0.02	0.66	0.46	0.09	0.06	-0.17	0.88	0.7	0.56
Net Debt	-0.37	-0.68		0.14	-0.25	0.61	-0.39	-0.55	0.62	0.35	0.55	0.4	0.51	-0.7	0.65	0.63	0.05	-0.34	0.57	0.61	0.22	-0.63	-0.77	-0.55
Retained Earnings	-0.14	-0.14	0.14		-0.36	0.04	-0.09	-0.8	0.02	0.25	0.23	0.32	0.32	-0.05	0.19	0.01	0.16	-0.94	0.38	0.34	0.78	0.09	-0.64	-0.8
Short Term Investments	0.43	0.37	-0.25	-0.36		0.28	0.35	0.12	0.34	0.43	0.22	0.26	0.26	0.38	-0.01	-0.15	0.36	0.43	0.1	0.18	-0.31	-0.03	0.5	0.28
Total Liab	0.44	0.06	0.61	0.04	0.28		0.38	-0.34	0.92	0.74	0.95	0.74	0.83	-0.04	0.88	0.75	0.72	0.0	0.86	0.88	0.22	-0.02	-0.33	-0.17
Total Current Assets	0.98	0.92	-0.39	-0.09	0.35	0.38		0.25	0.38	0.35	0.47	0.38	0.38	0.84	0.4	0.33	0.85	0.39	0.38	0.37	-0.05	0.84	0.5	0.4
Net Tangible Assets	0.29	0.44	-0.55	-0.8	0.12	-0.34	0.25		-0.37	-0.4	-0.42	-0.41	-0.47	0.26	-0.44	-0.31	-0.15	0.87	-0.51	-0.55	-0.56	0.33	0.73	0.95
Accounts Payable	0.4	0.04	0.62	0.02	0.34	0.92	0.38	-0.37		0.81	0.92	0.79	0.88	-0.04	0.86	0.7	0.71	0.01	0.88	0.92	0.17	-0.1	-0.31	-0.27
Long Term Debt	0.37	0.1	0.35	0.25	0.43	0.74	0.35	-0.4	0.81		0.81	0.78	0.88	-0.01	0.56	0.29	0.68	-0.17	0.83	0.83	0.55	-0.01	-0.34	-0.32
Net Receivables	0.51	0.17	0.55	0.23	0.22	0.95	0.47	-0.42	0.92	0.81		0.87	0.95	0.03	0.9	0.67	0.84	-0.14	0.97	0.97	0.37	0.1	-0.38	-0.27
Good Will	0.44	0.17	0.4	0.32	0.26	0.74	0.38	-0.41	0.79	0.78	0.87		0.9	-0.02	0.77	0.39	0.74	-0.21	0.92	0.89	0.4	0.02	-0.38	-0.32
Deferred Long Term Liab	0.43	0.12	0.51	0.32	0.26	0.83	0.38	-0.47	0.88	0.88	0.95	0.9		-0.03	0.77	0.47	0.8	-0.22	0.97	0.97	0.45	0.0	-0.42	-0.37
Long Term Investments	0.8	0.92	-0.7	-0.05	0.38	-0.04	0.84	0.26	-0.04	-0.01	0.03	-0.02	-0.03		-0.01	0.02	0.54	0.34	-0.06	-0.04	-0.25	0.84	0.73	0.4
Short Long Term Debt	0.39	0.06	0.65	0.19	-0.01	0.88	0.4	-0.44	0.86	0.56	0.9	0.77	0.77	-0.01		0.89	0.7	-0.14	0.87	0.89	0.19	0.05	-0.4	-0.31
Short Term Debt	0.28	-0.02	0.63	0.01	-0.15	0.75	0.33	-0.31	0.7	0.29	0.67	0.39	0.47	0.02	0.89		0.5	-0.01	0.61	0.64	-0.01	0.07	-0.28	-0.19
Intangible Assets	0.87	0.66	0.05	0.16	0.36	0.72	0.85	-0.15	0.71	0.68	0.84	0.74	0.8	0.54	0.7	0.5		0.08	0.79	0.79	0.22	0.55	0.07	0.03
Common Stock	0.44	0.46	-0.34	-0.94	0.43	0.0	0.39	0.87	0.01	-0.17	-0.14	-0.21	-0.22	0.34	-0.14	-0.01	0.08		-0.29	-0.27	-0.74	0.22	0.79	0.9
Property Plant Equipment	0.41	0.09	0.57	0.38	0.1	0.86	0.38	-0.51	0.88	0.83	0.97	0.92	0.97	-0.06	0.87	0.61	0.79	-0.29		0.99	0.51	0.05	-0.52	-0.41
Current Deferred Revenue	0.39	0.06	0.61	0.34	0.18	0.88	0.37	-0.55	0.92	0.83	0.97	0.89	0.97	-0.04	0.89	0.64	0.79	-0.27	0.99		0.43	-0.01	-0.48	-0.43
Long Term Debt Total	-0.08	-0.17	0.22	0.78	-0.31	0.22	-0.05	-0.56	0.17	0.55	0.37	0.4	0.45	-0.25	0.19	-0.01	0.22	-0.74	0.51	0.43		0.07	-0.71	-0.58
Net Invested Capital	0.79	0.88	-0.63	0.09	-0.03	-0.02	0.84	0.33	-0.1	-0.01	0.1	0.02	0.0	0.84	0.05	0.07	0.55	0.22	0.05	-0.01	0.07		0.48	0.41
Net Working Capital	0.51	0.7	-0.77	-0.64	0.5	-0.33	0.5	0.73	-0.31	-0.34	-0.38	-0.38	-0.42	0.73	-0.4	-0.28	0.07	0.79	-0.52	-0.48	-0.71	0.48		0.8
Capital Stock	0.45	0.56	-0.55	-0.8	0.28	-0.17	0.4	0.95	-0.27	-0.32	-0.27	-0.32	-0.37	0.4	-0.31	-0.19	0.03	0.9	-0.41	-0.43	-0.58	0.41	0.8

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Sphere Price To Sales Historical Pattern

Today, most investors in Sphere 3D Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sphere 3D's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Sphere 3D price to sales as a starting point in their analysis.

Sphere 3D Price To Sales

Timeline

The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Competition

Predict Sphere 3D

Price To Sales Ratio Over Time

Sphere Price To Sales Ratio

Price To Sales Ratio

1.75

At this time, Sphere 3D's Price To Sales Ratio is fairly stable compared to the past year.

Based on the latest financial disclosure, Sphere 3D Corp has a Price To Sales of 1.3007 times. This is 72.73% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The price to sales for all United States stocks is 88.61% higher than that of the company.

Sphere Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sphere 3D's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sphere 3D could also be used in its relative valuation, which is a method of valuing Sphere 3D by comparing valuation metrics of similar companies.

Sphere 3D is currently under evaluation in price to sales category among its peers.

Sphere Fundamentals

	Return On Equity	-0.35
	Return On Asset	-0.17
	Profit Margin	(0.70) %
	Operating Margin	(0.89) %
	Current Valuation	33.1 M
	Shares Outstanding	23.59 M
	Shares Owned By Insiders	5.28 %
	Shares Owned By Institutions	4.45 %
	Number Of Shares Shorted	721.54 K
	Price To Earning	(0.10) X
	Price To Book	0.91 X
	Price To Sales	1.30 X
	Revenue	21.91 M
	Gross Profit	1.7 M
	EBITDA	(15.94 M)
	Net Income	(23.41 M)
	Cash And Equivalents	10.72 M
	Cash Per Share	0.16 X
	Total Debt	5.35 M
	Debt To Equity	0.69 %
	Current Ratio	12.13 X
	Book Value Per Share	1.73 X
	Cash Flow From Operations	(6.58 M)
	Short Ratio	1.05 X
	Earnings Per Share	(0.76) X
	Price To Earnings To Growth	(0.02) X
	Target Price	3.0
	Beta	2.81
	Market Capitalization	32.55 M
	Total Asset	45.66 M
	Retained Earnings	(447.37 M)
	Working Capital	8.16 M
	Current Asset	36.54 M
	Current Liabilities	46.4 M
	Net Asset	45.66 M

About Sphere 3D Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sphere 3D Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sphere 3D using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sphere 3D Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Sphere Stock Analysis

When running Sphere 3D's price analysis, check to measure Sphere 3D'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 Sphere 3D is operating at the current time. Most of Sphere 3D's value examination focuses on studying past and present price action to predict the probability of Sphere 3D's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere 3D's price. Additionally, you may evaluate how the addition of Sphere 3D to your portfolios can decrease your overall portfolio volatility.

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