CRS Stock | | | USD 207.07 8.56 4.31% |
Carpenter Technology financial indicator trend analysis is way more than just evaluating Carpenter Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Carpenter Technology is a good investment. Please check the relationship between Carpenter Technology Net Income Per Share and its Price To Sales Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Carpenter Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Carpenter Stock please use our
How to Invest in Carpenter Technology guide.
Net Income Per Share vs Price To Sales Ratio
Net Income Per Share vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Carpenter Technology Net Income Per Share account and
Price To Sales Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Carpenter Technology's Net Income Per Share and Price To Sales Ratio is 0.39. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Carpenter Technology, assuming nothing else is changed. The correlation between historical values of Carpenter Technology's Net Income Per Share and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of Carpenter Technology are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Net Income Per Share i.e., Carpenter Technology's Net Income Per Share and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Income Per Share
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Carpenter Technology stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Carpenter Technology sales, a figure that is much harder to manipulate than other Carpenter Technology multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. 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.
Most indicators from Carpenter Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Carpenter Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Carpenter Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Carpenter Stock please use our
How to Invest in Carpenter Technology guide.At this time, Carpenter Technology's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.13 in 2025, whereas
Selling General Administrative is likely to drop slightly above 155.6
M in 2025.
Carpenter Technology fundamental ratios Correlations
Click cells to compare fundamentals
Carpenter Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Carpenter Technology fundamental ratios Accounts
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Additional Tools for Carpenter Stock Analysis
When running Carpenter Technology's price analysis, check to
measure Carpenter Technology'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 Carpenter Technology is operating at the current time. Most of Carpenter Technology's value examination focuses on studying past and present price action to
predict the probability of Carpenter Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carpenter Technology's price. Additionally, you may evaluate how the addition of Carpenter Technology to your portfolios can decrease your overall portfolio volatility.