Logility Pb Ratio vs Price To Sales Ratio Analysis
LGTY Stock | 11.29 0.01 0.09% |
Logility financial indicator trend analysis is infinitely more than just investigating Logility recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Logility is a good investment. Please check the relationship between Logility Pb Ratio and its Price To Sales Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Logility. 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. For more information on how to buy Logility Stock please use our How to Invest in Logility guide.
Pb Ratio vs Price To Sales Ratio
Pb Ratio vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Logility Pb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Logility's Pb Ratio and Price To Sales Ratio is 0.93. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Logility, assuming nothing else is changed. The correlation between historical values of Logility's Pb Ratio 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 Pb Ratio of Logility 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 Pb Ratio i.e., Logility's Pb Ratio and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Pb Ratio
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Logility stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Logility sales, a figure that is much harder to manipulate than other Logility 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 Logility's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Logility 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Logility. 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. For more information on how to buy Logility Stock please use our How to Invest in Logility guide.Selling General Administrative is likely to rise to about 23.7 M in 2024, whereas Tax Provision is likely to drop slightly above 1.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 391K | 2.2M | 3.8M | 4.0M | Tax Provision | 562K | 2.2M | 1.9M | 1.5M |
Logility fundamental ratios Correlations
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Logility Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Logility's price analysis, check to measure Logility'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 Logility is operating at the current time. Most of Logility's value examination focuses on studying past and present price action to predict the probability of Logility's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Logility's price. Additionally, you may evaluate how the addition of Logility to your portfolios can decrease your overall portfolio volatility.