Getty Price To Sales Ratio vs Roic Analysis
GETY Stock | USD 2.93 0.01 0.34% |
Getty Images financial indicator trend analysis is much more than just examining Getty Images Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Getty Images Holdings is a good investment. Please check the relationship between Getty Images Price To Sales Ratio and its Roic accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Getty Images Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Price To Sales Ratio vs Roic
Price To Sales Ratio vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Getty Images Holdings Price To Sales Ratio account and Roic. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Getty Images' Price To Sales Ratio and Roic is -0.48. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Roic in the same time period over historical financial statements of Getty Images Holdings, assuming nothing else is changed. The correlation between historical values of Getty Images' Price To Sales Ratio and Roic 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 Getty Images Holdings are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Price To Sales Ratio i.e., Getty Images' Price To Sales Ratio and Roic go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Getty Images Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Getty Images sales, a figure that is much harder to manipulate than other Getty Images Holdings 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.Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Most indicators from Getty Images' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Getty Images Holdings 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 Getty Images Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Getty Images' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 15.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 347.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | EBIT | 203.4M | 83.7M | 112.2M | 132.1M | Other Operating Expenses | 717.2M | 724.2M | 788.9M | 528.3M |
Getty Images fundamental ratios Correlations
Click cells to compare fundamentals
Getty Images Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Getty Stock Analysis
When running Getty Images' price analysis, check to measure Getty Images' 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 Getty Images is operating at the current time. Most of Getty Images' value examination focuses on studying past and present price action to predict the probability of Getty Images' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Getty Images' price. Additionally, you may evaluate how the addition of Getty Images to your portfolios can decrease your overall portfolio volatility.