Equitable Group Stock Price To Sales

EQB Stock  CAD 101.67  1.75  1.75%   
Equitable Group fundamentals help investors to digest information that contributes to Equitable's financial success or failures. It also enables traders to predict the movement of Equitable Stock. The fundamental analysis module provides a way to measure Equitable'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 Equitable stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 2.89  4.44 
As of the 12th of December 2024, Price To Sales Ratio is likely to grow to 4.44.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Equitable Group Company Price To Sales Analysis

Equitable'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 Equitable Price To Sales

    
  3.48 X  
Most of Equitable'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, Equitable Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Equitable Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Equitable is extremely important. It helps to project a fair market value of Equitable Stock properly, considering its historical fundamentals such as Price To Sales. Since Equitable'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 Equitable'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 Equitable's interrelated accounts and indicators.
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

Equitable Price To Sales Ratio

Price To Sales Ratio

4.44

At this time, Equitable's Price To Sales Ratio is very stable compared to the past year.
Based on the latest financial disclosure, Equitable Group has a Price To Sales of 3.4774 times. This is 60.99% higher than that of the Banks sector and significantly higher than that of the Financials industry. The price to sales for all Canada stocks is 69.55% higher than that of the company.

Equitable Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Equitable'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 Equitable could also be used in its relative valuation, which is a method of valuing Equitable by comparing valuation metrics of similar companies.
Equitable is currently under evaluation in price to sales category among its peers.

Equitable Fundamentals

About Equitable Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Equitable Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Equitable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Equitable Group 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.

Other Information on Investing in Equitable Stock

Equitable financial ratios help investors to determine whether Equitable Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Equitable with respect to the benefits of owning Equitable security.