Lumine Price To Sales Ratio vs Ev To Sales Analysis

LMN Stock   43.90  0.20  0.45%   
Lumine financial indicator trend analysis is infinitely more than just investigating Lumine Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lumine Group is a good investment. Please check the relationship between Lumine Price To Sales Ratio and its Ev To Sales accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lumine Group. 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.

Price To Sales Ratio vs Ev To Sales

Price To Sales Ratio vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lumine Group Price To Sales Ratio account and Ev To Sales. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lumine's Price To Sales Ratio and Ev To Sales is -0.53. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Lumine Group, assuming nothing else is changed. The correlation between historical values of Lumine's Price To Sales Ratio and Ev To Sales 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 Lumine Group are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Price To Sales Ratio i.e., Lumine's Price To Sales Ratio and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Price To Sales Ratio

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

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.
Most indicators from Lumine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lumine Group 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 Lumine Group. 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.
Tax Provision is likely to drop to about 7 M in 2024. Selling General Administrative is likely to drop to about 30 M in 2024
 2010 2022 2023 2024 (projected)
Gross Profit103.1M116.8M233.7M166.3M
Total Revenue228.4M255.7M499.7M360.7M

Lumine fundamental ratios Correlations

0.91-0.931.00.970.971.00.750.97-0.740.910.990.910.790.91-0.930.990.930.64-0.931.00.990.99-0.73-0.73
0.91-1.00.920.920.890.90.720.91-0.831.00.911.00.81.0-1.00.940.860.58-1.00.90.950.96-0.95-0.95
-0.93-1.0-0.94-0.93-0.91-0.92-0.72-0.920.82-0.99-0.93-1.0-0.8-1.01.0-0.95-0.88-0.61.0-0.92-0.97-0.970.930.93
1.00.92-0.940.990.991.00.80.99-0.80.931.00.930.840.92-0.941.00.90.58-0.941.00.990.99-0.76-0.76
0.970.92-0.930.991.00.990.881.0-0.870.941.00.930.910.92-0.931.00.830.46-0.940.990.960.96-0.78-0.78
0.970.89-0.910.991.00.990.881.0-0.860.911.00.90.910.89-0.910.990.820.44-0.910.990.950.95-0.74-0.74
1.00.9-0.921.00.990.990.790.98-0.780.910.990.910.830.9-0.920.990.90.58-0.921.00.980.98-0.73-0.73
0.750.72-0.720.80.880.880.790.88-0.960.780.850.750.990.73-0.720.830.46-0.02-0.730.80.720.72-0.64-0.64
0.970.91-0.920.991.01.00.980.88-0.870.931.00.920.920.91-0.920.990.820.44-0.930.990.960.96-0.76-0.76
-0.74-0.830.82-0.8-0.87-0.86-0.78-0.96-0.87-0.87-0.83-0.85-0.98-0.830.82-0.83-0.5-0.040.83-0.78-0.75-0.760.820.82
0.911.0-0.990.930.940.910.910.780.93-0.870.921.00.851.0-0.990.950.830.52-1.00.910.950.95-0.95-0.95
0.990.91-0.931.01.01.00.990.851.0-0.830.920.920.880.91-0.931.00.860.51-0.931.00.970.97-0.75-0.75
0.911.0-1.00.930.930.90.910.750.92-0.851.00.920.821.0-1.00.940.850.55-1.00.910.950.96-0.95-0.95
0.790.8-0.80.840.910.910.830.990.92-0.980.850.880.820.8-0.80.870.530.06-0.810.840.780.78-0.74-0.74
0.911.0-1.00.920.920.890.90.730.91-0.831.00.911.00.8-1.00.940.860.57-1.00.90.950.96-0.95-0.95
-0.93-1.01.0-0.94-0.93-0.91-0.92-0.72-0.920.82-0.99-0.93-1.0-0.8-1.0-0.95-0.88-0.61.0-0.92-0.97-0.970.930.93
0.990.94-0.951.01.00.990.990.830.99-0.830.951.00.940.870.94-0.950.880.54-0.950.990.980.98-0.79-0.79
0.930.86-0.880.90.830.820.90.460.82-0.50.830.860.850.530.86-0.880.880.88-0.880.890.950.94-0.69-0.69
0.640.58-0.60.580.460.440.58-0.020.44-0.040.520.510.550.060.57-0.60.540.88-0.590.570.680.67-0.43-0.43
-0.93-1.01.0-0.94-0.94-0.91-0.92-0.73-0.930.83-1.0-0.93-1.0-0.81-1.01.0-0.95-0.88-0.59-0.92-0.97-0.970.930.93
1.00.9-0.921.00.990.991.00.80.99-0.780.911.00.910.840.9-0.920.990.890.57-0.920.980.98-0.73-0.73
0.990.95-0.970.990.960.950.980.720.96-0.750.950.970.950.780.95-0.970.980.950.68-0.970.981.0-0.81-0.81
0.990.96-0.970.990.960.950.980.720.96-0.760.950.970.960.780.96-0.970.980.940.67-0.970.981.0-0.82-0.82
-0.73-0.950.93-0.76-0.78-0.74-0.73-0.64-0.760.82-0.95-0.75-0.95-0.74-0.950.93-0.79-0.69-0.430.93-0.73-0.81-0.821.0
-0.73-0.950.93-0.76-0.78-0.74-0.73-0.64-0.760.82-0.95-0.75-0.95-0.74-0.950.93-0.79-0.69-0.430.93-0.73-0.81-0.821.0
Click cells to compare fundamentals

Lumine Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Lumine Stock Analysis

When running Lumine's price analysis, check to measure Lumine'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 Lumine is operating at the current time. Most of Lumine's value examination focuses on studying past and present price action to predict the probability of Lumine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lumine's price. Additionally, you may evaluate how the addition of Lumine to your portfolios can decrease your overall portfolio volatility.