Guardant Health Stock Price To Sales

GH Stock  USD 35.61  0.51  1.45%   
Guardant Health fundamentals help investors to digest information that contributes to Guardant Health's financial success or failures. It also enables traders to predict the movement of Guardant Stock. The fundamental analysis module provides a way to measure Guardant Health'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 Guardant Health stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 5.37  5.10 
The current Price To Sales Ratio is estimated to decrease to 5.10.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Guardant Health Company Price To Sales Analysis

Guardant Health'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 Guardant Health Price To Sales

    
  6.36 X  
Most of Guardant Health'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, Guardant Health is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Guardant Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Guardant Health is extremely important. It helps to project a fair market value of Guardant Stock properly, considering its historical fundamentals such as Price To Sales. Since Guardant Health'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 Guardant Health'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 Guardant Health's interrelated accounts and indicators.
0.620.70.740.61-0.730.610.90.920.690.890.970.87-0.790.970.720.820.990.940.76-0.33-0.33-0.33-0.33
0.620.970.32-0.05-0.01-0.110.470.360.680.320.560.17-0.580.640.020.250.680.650.780.150.150.150.15
0.70.970.440.07-0.120.020.60.470.730.430.670.28-0.580.710.130.340.760.720.810.10.10.10.1
0.740.320.440.52-0.780.790.950.880.480.780.860.73-0.840.730.760.680.750.640.41-0.39-0.39-0.39-0.39
0.61-0.050.070.52-0.630.710.630.770.520.650.590.75-0.40.510.620.790.550.440.35-0.11-0.11-0.11-0.11
-0.73-0.01-0.12-0.78-0.63-0.94-0.78-0.84-0.24-0.91-0.78-0.940.65-0.72-0.99-0.72-0.7-0.67-0.360.750.750.750.75
0.61-0.110.020.790.71-0.940.740.80.310.830.70.85-0.60.610.940.620.580.550.29-0.63-0.63-0.63-0.63
0.90.470.60.950.63-0.780.740.970.60.880.960.83-0.850.850.770.830.90.780.62-0.35-0.35-0.35-0.35
0.920.360.470.880.77-0.840.80.970.580.920.950.91-0.810.850.830.910.890.770.6-0.36-0.36-0.36-0.36
0.690.680.730.480.52-0.240.310.60.580.450.670.41-0.560.730.230.390.710.720.690.260.260.260.26
0.890.320.430.780.65-0.910.830.880.920.450.90.94-0.730.840.930.820.870.80.69-0.61-0.61-0.61-0.61
0.970.560.670.860.59-0.780.70.960.950.670.90.85-0.810.960.770.790.960.910.69-0.34-0.34-0.34-0.34
0.870.170.280.730.75-0.940.850.830.910.410.940.85-0.660.820.930.850.830.780.52-0.62-0.62-0.62-0.62
-0.79-0.58-0.58-0.84-0.40.65-0.6-0.85-0.81-0.56-0.73-0.81-0.66-0.77-0.63-0.62-0.79-0.69-0.60.350.350.350.35
0.970.640.710.730.51-0.720.610.850.850.730.840.960.82-0.770.70.680.970.990.72-0.34-0.34-0.34-0.34
0.720.020.130.760.62-0.990.940.770.830.230.930.770.93-0.630.70.720.70.660.42-0.77-0.77-0.77-0.77
0.820.250.340.680.79-0.720.620.830.910.390.820.790.85-0.620.680.720.770.60.51-0.28-0.28-0.28-0.28
0.990.680.760.750.55-0.70.580.90.890.710.870.960.83-0.790.970.70.770.950.8-0.33-0.33-0.33-0.33
0.940.650.720.640.44-0.670.550.780.770.720.80.910.78-0.690.990.660.60.950.73-0.35-0.35-0.35-0.35
0.760.780.810.410.35-0.360.290.620.60.690.690.690.52-0.60.720.420.510.80.73-0.16-0.16-0.16-0.16
-0.330.150.1-0.39-0.110.75-0.63-0.35-0.360.26-0.61-0.34-0.620.35-0.34-0.77-0.28-0.33-0.35-0.161.01.01.0
-0.330.150.1-0.39-0.110.75-0.63-0.35-0.360.26-0.61-0.34-0.620.35-0.34-0.77-0.28-0.33-0.35-0.161.01.01.0
-0.330.150.1-0.39-0.110.75-0.63-0.35-0.360.26-0.61-0.34-0.620.35-0.34-0.77-0.28-0.33-0.35-0.161.01.01.0
-0.330.150.1-0.39-0.110.75-0.63-0.35-0.360.26-0.61-0.34-0.620.35-0.34-0.77-0.28-0.33-0.35-0.161.01.01.0
Click cells to compare fundamentals

Guardant Price To Sales Historical Pattern

Today, most investors in Guardant Health Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Guardant Health'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 Guardant Health price to sales as a starting point in their analysis.
   Guardant Health 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

Guardant Price To Sales Ratio

Price To Sales Ratio

5.1

As of now, Guardant Health's Price To Sales Ratio is decreasing as compared to previous years.
Based on the latest financial disclosure, Guardant Health has a Price To Sales of 6.3557 times. This is 70.3% lower than that of the Health Care Providers & Services sector and 45.26% lower than that of the Health Care industry. The price to sales for all United States stocks is 44.35% higher than that of the company.

Guardant Price To Sales Peer Comparison

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

Guardant Health ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Guardant Health's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Guardant Health's managers, analysts, and investors.
Environmental
Governance
Social

Guardant Fundamentals

About Guardant Health Fundamental Analysis

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

Currently Active Assets on Macroaxis

Check out Guardant Health Piotroski F Score and Guardant Health Altman Z Score analysis.
For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Health Care Providers & Services 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 Guardant Health. If investors know Guardant 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 Guardant Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.28)
Revenue Per Share
5.7
Quarterly Revenue Growth
0.339
Return On Assets
(0.16)
Return On Equity
(6.09)
The market value of Guardant Health is measured differently than its book value, which is the value of Guardant that is recorded on the company's balance sheet. Investors also form their own opinion of Guardant Health's value that differs from its market value or its book value, called intrinsic value, which is Guardant Health'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 Guardant Health's market value can be influenced by many factors that don't directly affect Guardant Health'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 Guardant Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guardant Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guardant Health'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.