Innovex International, Stock Price To Sales

INVX Stock   13.56  0.16  1.19%   
Innovex International, fundamentals help investors to digest information that contributes to Innovex International,'s financial success or failures. It also enables traders to predict the movement of Innovex Stock. The fundamental analysis module provides a way to measure Innovex International,'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 Innovex International, stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 1.19  1.31 
Price To Sales Ratio is likely to rise to 1.31 in 2024.
  
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Innovex International, Company Price To Sales Analysis

Innovex International,'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 Innovex International, Price To Sales

    
  1.68 X  
Most of Innovex International,'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, Innovex International, is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Innovex Price To Sales Driver Correlations

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

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

Innovex Price To Sales Ratio

Price To Sales Ratio

1.31

At this time, Innovex International,'s Price To Sales Ratio is fairly stable compared to the past year.
Based on the latest financial disclosure, Innovex International, has a Price To Sales of 1.6783 times. This is 4.64% lower than that of the Energy Equipment & Services sector and 58.15% lower than that of the Energy industry. The price to sales for all United States stocks is 85.3% higher than that of the company.

Innovex Price To Sales Peer Comparison

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

Innovex Fundamentals

About Innovex International, Fundamental Analysis

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

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