HPQ Ev To Sales vs Ptb Ratio Analysis

HPQ Stock  CAD 0.26  0.02  8.33%   
HPQ Silicon financial indicator trend analysis is much more than just examining HPQ Silicon Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HPQ Silicon Resources is a good investment. Please check the relationship between HPQ Silicon Ev To Sales and its Ptb Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HPQ Silicon Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Ev To Sales vs Ptb Ratio

Ev To Sales vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HPQ Silicon Resources Ev To Sales account and Ptb Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between HPQ Silicon's Ev To Sales and Ptb Ratio is 0.05. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of HPQ Silicon Resources, assuming nothing else is changed. The correlation between historical values of HPQ Silicon's Ev To Sales 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 Ev To Sales of HPQ Silicon Resources 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 Ev To Sales i.e., HPQ Silicon's Ev To Sales and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

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 HPQ Silicon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HPQ Silicon Resources 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 HPQ Silicon Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, HPQ Silicon's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 82.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 M in 2024.

HPQ Silicon fundamental ratios Correlations

0.250.950.79-0.56-0.540.010.820.990.030.860.630.750.81-0.030.650.930.280.210.19-0.85-0.770.540.70.830.69
0.25-0.02-0.040.1-0.880.270.080.23-0.720.170.590.760.090.060.820.31.0-0.190.15-0.25-0.510.460.630.670.8
0.95-0.020.78-0.7-0.28-0.120.860.950.230.860.510.530.73-0.020.390.860.010.190.02-0.76-0.60.470.50.640.48
0.79-0.040.78-0.17-0.340.070.550.80.210.570.190.560.94-0.050.480.69-0.040.510.47-0.87-0.780.210.60.510.42
-0.560.1-0.7-0.170.030.36-0.83-0.57-0.24-0.77-0.42-0.18-0.1-0.130.02-0.490.070.310.530.180.07-0.49-0.05-0.36-0.28
-0.54-0.88-0.28-0.340.03-0.37-0.35-0.520.53-0.43-0.57-0.94-0.43-0.04-0.93-0.53-0.88-0.01-0.290.560.77-0.45-0.8-0.84-0.92
0.010.27-0.120.070.36-0.37-0.19-0.03-0.18-0.20.120.280.11-0.010.290.150.220.470.3-0.26-0.18-0.390.290.20.16
0.820.080.860.55-0.83-0.35-0.190.850.040.970.370.550.560.040.380.660.11-0.140.02-0.58-0.490.620.520.660.58
0.990.230.950.8-0.57-0.52-0.030.850.00.880.570.740.81-0.020.640.880.260.150.22-0.86-0.770.560.720.820.68
0.03-0.720.230.21-0.240.53-0.180.040.0-0.03-0.03-0.420.08-0.22-0.480.12-0.720.33-0.330.150.19-0.44-0.56-0.35-0.5
0.860.170.860.57-0.77-0.43-0.20.970.88-0.030.430.610.59-0.020.460.710.2-0.140.06-0.64-0.560.740.560.730.64
0.630.590.510.19-0.42-0.570.120.370.57-0.030.430.60.240.00.60.760.60.0-0.27-0.36-0.440.380.360.70.6
0.750.760.530.56-0.18-0.940.280.550.74-0.420.610.60.64-0.020.960.710.760.130.36-0.71-0.90.50.90.920.96
0.810.090.730.94-0.1-0.430.110.560.810.080.590.240.64-0.090.630.720.10.50.62-0.88-0.80.240.70.60.49
-0.030.06-0.02-0.05-0.13-0.04-0.010.04-0.02-0.22-0.020.0-0.02-0.09-0.05-0.090.08-0.16-0.11-0.060.120.150.01-0.020.04
0.650.820.390.480.02-0.930.290.380.64-0.480.460.60.960.63-0.050.650.830.150.46-0.66-0.860.450.880.860.91
0.930.30.860.69-0.49-0.530.150.660.880.120.710.760.710.72-0.090.650.310.410.07-0.74-0.710.410.570.790.65
0.281.00.01-0.040.07-0.880.220.110.26-0.720.20.60.760.10.080.830.31-0.230.15-0.26-0.520.490.640.680.81
0.21-0.190.190.510.31-0.010.47-0.140.150.33-0.140.00.130.5-0.160.150.41-0.230.34-0.34-0.33-0.440.110.05-0.02
0.190.150.020.470.53-0.290.30.020.22-0.330.06-0.270.360.62-0.110.460.070.150.34-0.47-0.520.050.610.270.25
-0.85-0.25-0.76-0.870.180.56-0.26-0.58-0.860.15-0.64-0.36-0.71-0.88-0.06-0.66-0.74-0.26-0.34-0.470.77-0.38-0.79-0.7-0.58
-0.77-0.51-0.6-0.780.070.77-0.18-0.49-0.770.19-0.56-0.44-0.9-0.80.12-0.86-0.71-0.52-0.33-0.520.77-0.4-0.85-0.82-0.82
0.540.460.470.21-0.49-0.45-0.390.620.56-0.440.740.380.50.240.150.450.410.49-0.440.05-0.38-0.40.470.620.64
0.70.630.50.6-0.05-0.80.290.520.72-0.560.560.360.90.70.010.880.570.640.110.61-0.79-0.850.470.820.84
0.830.670.640.51-0.36-0.840.20.660.82-0.350.730.70.920.6-0.020.860.790.680.050.27-0.7-0.820.620.820.91
0.690.80.480.42-0.28-0.920.160.580.68-0.50.640.60.960.490.040.910.650.81-0.020.25-0.58-0.820.640.840.91
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HPQ Silicon Account Relationship Matchups

HPQ Silicon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.9M17.7M21.7M21.6M9.1M6.7M
Total Current Liabilities656.8K523.1K601.3K4.4M5.4M5.7M
Total Stockholder Equity6.5M12.5M18.3M14.4M1.3M1.2M
Property Plant And Equipment Net5.2M5.8M5.1M3.9M2.0M2.7M
Net Debt1.0M(626.3K)(2.7M)(1.1M)441.8K463.9K
Retained Earnings(28.1M)(28.7M)(35.0M)(44.3M)(58.5M)(55.6M)
Accounts Payable279.3K32.6K199.8K168.4K326.5K224.8K
Cash77.6K1.9M2.7M1.1M597.4K442K
Non Current Assets Total8.6M14.7M17.3M16.1M6.8M5.0M
Non Currrent Assets Other152.2K2.1M2.2M146.3K(4.6M)(4.3M)
Cash And Short Term Investments167.6K2.6M3.3M1.9M1.3M661.0K
Net Receivables77.0K253.4K696.0K2.1M759.1K583.4K
Common Stock Shares Outstanding224.7M250.0M307.7M345.0M361.0M379.0M
Liabilities And Stockholders Equity10.9M17.7M21.7M21.6M9.1M6.7M
Non Current Liabilities Total3.7M4.7M2.8M2.7M1.8M1.8M
Other Stockholder Equity2.2M2.1M3.5M3.8M2.9M4.1M
Total Liab4.3M5.2M3.4M7.1M7.2M7.6M
Total Current Assets2.3M3.0M4.4M5.6M2.2M1.7M
Other Current Liab377.5K490.5K401.5K4.3M4.9M5.2M
Other Current Assets2.1M100K376.2K267.3K193.0K183.3K
Short Long Term Debt Total1.3M1.1M1.3M28.4K1.0M576.6K
Short Term Investments90K722K666K710.4K676.5K495.5K
Common Stock32.3M38.9M49.9M54.9M56.8M36.2M
Net Tangible Assets4.6M3.5M5.9M8.5M9.7M10.2M
Property Plant Equipment5.4M5.2M5.8M5.1M5.9M4.1M
Other Liab2.0M2.2M3.0M2.8M3.2M2.1M
Intangible Assets3.0M6.6M9.9M11.9M4.6M5.9M
Net Invested Capital7.7M14.0M18.3M14.4M1.3M1.2M
Net Working Capital1.6M2.4M3.8M1.1M(3.2M)(3.0M)
Long Term Investments180.9K177.0K206.2K180.0K147.2K157.6K
Capital Stock32.3M38.9M49.9M54.9M56.8M48.5M

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