Generation Price To Sales Ratio vs Ptb Ratio Analysis

GBIO Stock  USD 1.16  0.03  2.52%   
Generation Bio financial indicator trend analysis is much more than just examining Generation Bio latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Generation Bio is a good investment. Please check the relationship between Generation Bio Price To Sales Ratio and its Ptb Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generation Bio Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Price To Sales Ratio vs Ptb Ratio

Price To Sales Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Generation Bio Price To Sales Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Generation Bio's Price To Sales Ratio and Ptb Ratio is -0.87. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Generation Bio Co, assuming nothing else is changed. The correlation between historical values of Generation Bio's Price To Sales Ratio and Ptb 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 Price To Sales Ratio of Generation Bio Co are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Price To Sales Ratio i.e., Generation Bio's Price To Sales Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Generation Bio stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Generation Bio sales, a figure that is much harder to manipulate than other Generation Bio Co 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.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Generation Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Generation Bio 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generation Bio Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
As of the 16th of December 2024, Selling General Administrative is likely to drop to about 31.7 M. In addition to that, Issuance Of Capital Stock is likely to drop to about 34.2 M
 2023 2024 (projected)
Depreciation And Amortization5.3M3.8M
Interest Income12.0M12.5M

Generation Bio fundamental ratios Correlations

0.60.720.980.780.990.93-0.51-0.85-0.20.820.93-0.480.880.990.20.970.820.48-0.610.940.680.94-0.330.980.6
0.60.760.540.70.650.630.0-0.710.130.280.62-0.730.610.560.580.710.620.56-0.250.680.040.590.050.540.81
0.720.760.630.680.70.810.06-0.950.160.430.81-0.540.780.670.780.760.810.5-0.240.90.080.80.170.630.98
0.980.540.630.760.980.86-0.55-0.77-0.350.810.86-0.470.790.990.080.950.740.5-0.740.90.750.88-0.51.00.5
0.780.70.680.760.790.83-0.3-0.79-0.090.570.83-0.850.740.730.130.840.90.41-0.490.810.620.78-0.230.760.63
0.990.650.70.980.790.91-0.48-0.83-0.260.760.91-0.50.860.990.190.980.790.56-0.640.920.670.92-0.380.980.58
0.930.630.810.860.830.91-0.38-0.920.060.741.0-0.530.970.880.320.940.960.41-0.340.930.570.99-0.020.860.69
-0.510.00.06-0.55-0.3-0.48-0.380.05-0.02-0.86-0.370.27-0.23-0.550.46-0.36-0.260.370.38-0.24-0.69-0.340.41-0.550.17
-0.85-0.71-0.95-0.77-0.79-0.83-0.920.050.01-0.52-0.920.53-0.9-0.79-0.59-0.89-0.9-0.590.37-0.97-0.33-0.92-0.02-0.77-0.89
-0.20.130.16-0.35-0.09-0.260.06-0.020.010.060.05-0.150.04-0.280.41-0.220.14-0.580.78-0.14-0.5-0.020.86-0.350.22
0.820.280.430.810.570.760.74-0.86-0.520.060.74-0.430.60.82-0.050.680.63-0.1-0.460.660.680.71-0.290.810.3
0.930.620.810.860.830.911.0-0.37-0.920.050.74-0.520.970.880.320.940.960.41-0.340.930.570.99-0.020.860.69
-0.48-0.73-0.54-0.47-0.85-0.5-0.530.270.53-0.15-0.43-0.52-0.37-0.45-0.19-0.54-0.66-0.120.36-0.54-0.31-0.420.14-0.47-0.59
0.880.610.780.790.740.860.97-0.23-0.90.040.60.97-0.370.820.370.910.910.52-0.230.880.480.980.080.790.66
0.990.560.670.990.730.990.88-0.55-0.79-0.280.820.88-0.450.820.150.950.750.48-0.680.910.70.9-0.430.990.54
0.20.580.780.080.130.190.320.46-0.590.41-0.050.32-0.190.370.150.260.320.340.190.46-0.550.330.530.080.85
0.970.710.760.950.840.980.94-0.36-0.89-0.220.680.94-0.540.910.950.260.850.62-0.580.950.630.95-0.280.950.66
0.820.620.810.740.90.790.96-0.26-0.90.140.630.96-0.660.910.750.320.850.33-0.250.870.510.920.070.740.72
0.480.560.50.50.410.560.410.37-0.59-0.58-0.10.41-0.120.520.480.340.620.33-0.490.580.170.48-0.290.50.49
-0.61-0.25-0.24-0.74-0.49-0.64-0.340.380.370.78-0.46-0.340.36-0.23-0.680.19-0.58-0.25-0.49-0.55-0.67-0.360.92-0.74-0.18
0.940.680.90.90.810.920.93-0.24-0.97-0.140.660.93-0.540.880.910.460.950.870.58-0.550.480.93-0.190.90.81
0.680.040.080.750.620.670.57-0.69-0.33-0.50.680.57-0.310.480.7-0.550.630.510.17-0.670.480.56-0.660.75-0.08
0.940.590.80.880.780.920.99-0.34-0.92-0.020.710.99-0.420.980.90.330.950.920.48-0.360.930.56-0.050.880.67
-0.330.050.17-0.5-0.23-0.38-0.020.41-0.020.86-0.29-0.020.140.08-0.430.53-0.280.07-0.290.92-0.19-0.66-0.05-0.50.22
0.980.540.631.00.760.980.86-0.55-0.77-0.350.810.86-0.470.790.990.080.950.740.5-0.740.90.750.88-0.50.5
0.60.810.980.50.630.580.690.17-0.890.220.30.69-0.590.660.540.850.660.720.49-0.180.81-0.080.670.220.5
Click cells to compare fundamentals

Generation Bio Account Relationship Matchups

Generation Bio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.1M294.2M476.8M376.3M374.8M302.1M
Other Current Liab6.9M11.0M7.6M4.3M16.5M9.4M
Total Current Liabilities9.2M11.2M18.8M19.2M39.9M41.9M
Total Stockholder Equity(98.6M)268.0M381.7M282.5M203.1M182.5M
Net Tangible Assets(98.6M)268.0M381.7M282.5M324.9M174.3M
Property Plant And Equipment Net21.8M23.8M91.0M81.4M95.7M58.3M
Net Debt(15.1M)(62.9M)(294.3M)(11.5M)31.4M33.0M
Retained Earnings(108.5M)(189.0M)(308.1M)(444.8M)(571.4M)(542.8M)
Accounts Payable2.3M267K2.0M662K2.3M1.7M
Cash15.1M62.9M375.1M93.2M66.4M113.7M
Non Current Assets Total24.0M26.4M97.6M89.2M102.1M63.4M
Non Currrent Assets Other87K588K864K2.1M698K863.6K
Other Assets2.1M2.6M6.6M7.8M9.0M4.7M
Cash And Short Term Investments15.1M262.3M375.1M279.1M264.4M233.0M
Net Receivables448K252K403K395K4.1M4.4M
Common Stock Shares Outstanding46.2M27.3M56.3M58.1M64.5M49.9M
Liabilities And Stockholders Equity42.1M294.2M476.8M376.3M374.8M302.1M
Non Current Liabilities Total131.6M14.9M76.2M74.6M131.7M73.0M
Capital Surpluse9.9M457.0M689.9M727.3M836.4M878.3M
Other Current Assets2.6M5.4M7.4M7.5M290K275.5K
Other Stockholder Equity9.9M162.8M689.9M727.3M774.2M434.4M
Total Liab140.7M26.1M95.0M93.8M171.6M119.6M
Net Invested Capital(98.6M)268.0M381.7M282.5M203.1M182.5M
Property Plant And Equipment Gross21.8M23.8M25.9M22.2M115.3M121.1M
Total Current Assets18.2M267.7M379.2M287.0M272.6M238.6M
Net Working Capital9.0M256.5M360.4M267.9M232.7M219.4M
Property Plant Equipment21.8M23.8M25.9M22.2M25.5M21.6M

Pair Trading with Generation Bio

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Generation Bio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Generation Bio will appreciate offsetting losses from the drop in the long position's value.

Moving together with Generation Stock

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Moving against Generation Stock

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  0.79ESPR Esperion TherapeuticsPairCorr
  0.78DYAI Dyadic InternationalPairCorr
  0.65GILD Gilead SciencesPairCorr
  0.4DNA Ginkgo Bioworks Holdings Sell-off TrendPairCorr
The ability to find closely correlated positions to Generation Bio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Generation Bio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Generation Bio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Generation Bio Co to buy it.
The correlation of Generation Bio is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Generation Bio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Generation Bio moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Generation Bio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Generation Bio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Generation Bio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Generation Bio Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Generation Bio Co Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generation Bio Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Biotechnology 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 Generation Bio. If investors know Generation 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 Generation Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.19)
Revenue Per Share
0.28
Quarterly Revenue Growth
2.52
Return On Assets
(0.19)
Return On Equity
(0.86)
The market value of Generation Bio is measured differently than its book value, which is the value of Generation that is recorded on the company's balance sheet. Investors also form their own opinion of Generation Bio's value that differs from its market value or its book value, called intrinsic value, which is Generation Bio'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 Generation Bio's market value can be influenced by many factors that don't directly affect Generation Bio'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 Generation Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Generation Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Generation Bio'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.