Reddit, Price To Sales Ratio vs Pb Ratio Analysis

RDDT Stock

167.50 11.57 7.42%

Reddit, financial indicator trend analysis is much more than just breaking down Reddit, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reddit, is a good investment. Please check the relationship between Reddit, Price To Sales Ratio and its Pb Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reddit,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy Reddit, Stock please use our How to Invest in Reddit, guide.

Price To Sales Ratio vs Pb Ratio

Price To Sales Ratio vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reddit, Price To Sales Ratio account and Pb Ratio. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Reddit,'s Price To Sales Ratio and Pb Ratio is 0.98. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Reddit,, assuming nothing else is changed. The correlation between historical values of Reddit,'s Price To Sales Ratio and Pb 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 Reddit, are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Price To Sales Ratio i.e., Reddit,'s Price To Sales Ratio and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Price To Sales Ratio

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

Pb Ratio

Most indicators from Reddit,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reddit, 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reddit,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy Reddit, Stock please use our How to Invest in Reddit, guide.At this time, Reddit,'s Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 136.6 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	2.8M	8M	13.7M	7.3M
Tax Provision	340K	622K	3.8M	4.0M

Depreciation And Amortization Tax Provision

Reddit, fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.0	0.79	0.89	1.0	0.26	1.0	-0.78	-0.93	0.92	0.79	0.71	0.31	0.95	1.0	0.94	0.78	0.9	0.65	0.33	0.0	-0.56	-0.5	0.94	0.84	-0.94
Short Long Term Debt Total	0.0		0.61	0.45	-0.03	0.96	-0.01	0.56	-0.31	0.38	-0.54	0.66	0.46	0.31	-0.07	0.33	0.56	0.39	0.64	-0.77	1.0	-0.49	-0.77	0.34	0.52	-0.28
Other Current Liab	0.79	0.61		0.98	0.77	0.79	0.79	-0.26	-0.91	0.96	0.28	0.98	0.44	0.94	0.74	0.95	0.98	0.93	0.93	-0.15	0.61	-0.67	-0.83	0.95	0.99	-0.9
Total Current Liabilities	0.89	0.45	0.98		0.87	0.67	0.89	-0.43	-0.96	0.99	0.44	0.95	0.42	0.99	0.85	0.99	0.97	0.97	0.89	-0.01	0.45	-0.66	-0.77	0.99	1.0	-0.95
Total Stockholder Equity	1.0	-0.03	0.77	0.87		0.23	1.0	-0.8	-0.92	0.91	0.81	0.68	0.3	0.93	1.0	0.93	0.76	0.89	0.62	0.35	-0.03	-0.55	-0.48	0.93	0.83	-0.93
Property Plant And Equipment Net	0.26	0.96	0.79	0.67	0.23		0.26	0.33	-0.54	0.61	-0.31	0.82	0.54	0.54	0.19	0.57	0.74	0.61	0.78	-0.67	0.96	-0.63	-0.89	0.57	0.72	-0.52
Current Deferred Revenue	1.0	-0.01	0.79	0.89	1.0	0.26		-0.76	-0.93	0.91	0.77	0.72	0.26	0.95	0.99	0.93	0.79	0.9	0.67	0.36	-0.01	-0.54	-0.47	0.94	0.85	-0.94
Net Debt	-0.78	0.56	-0.26	-0.43	-0.8	0.33	-0.76		0.53	-0.51	-1.0	-0.12	-0.17	-0.54	-0.82	-0.55	-0.24	-0.44	-0.04	-0.59	0.56	0.18	0.05	-0.54	-0.35	0.55
Retained Earnings	-0.93	-0.31	-0.91	-0.96	-0.92	-0.54	-0.93	0.53		-0.96	-0.55	-0.85	-0.47	-0.97	-0.91	-0.97	-0.89	-0.99	-0.8	-0.02	-0.31	0.78	0.72	-0.97	-0.94	1.0
Accounts Payable	0.92	0.38	0.96	0.99	0.91	0.61	0.91	-0.51	-0.96		0.52	0.91	0.44	0.99	0.89	1.0	0.94	0.96	0.84	0.03	0.38	-0.65	-0.75	1.0	0.98	-0.96
Cash	0.79	-0.54	0.28	0.44	0.81	-0.31	0.77	-1.0	-0.55	0.52		0.14	0.19	0.55	0.83	0.57	0.25	0.47	0.05	0.57	-0.54	-0.21	-0.07	0.55	0.36	-0.57
Non Current Assets Total	0.71	0.66	0.98	0.95	0.68	0.82	0.72	-0.12	-0.85	0.91	0.14		0.32	0.9	0.65	0.89	0.99	0.89	0.98	-0.15	0.66	-0.61	-0.78	0.9	0.97	-0.85
Non Currrent Assets Other	0.31	0.46	0.44	0.42	0.3	0.54	0.26	-0.17	-0.47	0.44	0.19	0.32		0.35	0.29	0.44	0.27	0.45	0.15	-0.69	0.46	-0.8	-0.83	0.39	0.41	-0.44
Other Assets	0.95	0.31	0.94	0.99	0.93	0.54	0.95	-0.54	-0.97	0.99	0.55	0.9	0.35		0.92	0.99	0.94	0.97	0.85	0.13	0.31	-0.64	-0.67	1.0	0.97	-0.98
Cash And Short Term Investments	1.0	-0.07	0.74	0.85	1.0	0.19	0.99	-0.82	-0.91	0.89	0.83	0.65	0.29	0.92		0.91	0.74	0.87	0.59	0.37	-0.07	-0.53	-0.45	0.91	0.8	-0.92
Net Receivables	0.94	0.33	0.95	0.99	0.93	0.57	0.93	-0.55	-0.97	1.0	0.57	0.89	0.44	0.99	0.91		0.93	0.96	0.82	0.06	0.33	-0.66	-0.73	1.0	0.97	-0.97
Good Will	0.78	0.56	0.98	0.97	0.76	0.74	0.79	-0.24	-0.89	0.94	0.25	0.99	0.27	0.94	0.74	0.93		0.92	0.97	-0.02	0.56	-0.57	-0.72	0.94	0.98	-0.88
Common Stock Shares Outstanding	0.9	0.39	0.93	0.97	0.89	0.61	0.9	-0.44	-0.99	0.96	0.47	0.89	0.45	0.97	0.87	0.96	0.92		0.85	-0.03	0.39	-0.79	-0.74	0.97	0.96	-0.99
Short Term Investments	0.65	0.64	0.93	0.89	0.62	0.78	0.67	-0.04	-0.8	0.84	0.05	0.98	0.15	0.85	0.59	0.82	0.97	0.85		-0.07	0.64	-0.52	-0.66	0.84	0.92	-0.8
Non Current Liabilities Total	0.33	-0.77	-0.15	-0.01	0.35	-0.67	0.36	-0.59	-0.02	0.03	0.57	-0.15	-0.69	0.13	0.37	0.06	-0.02	-0.03	-0.07		-0.77	0.51	0.63	0.09	-0.07	-0.06
Capital Lease Obligations	0.0	1.0	0.61	0.45	-0.03	0.96	-0.01	0.56	-0.31	0.38	-0.54	0.66	0.46	0.31	-0.07	0.33	0.56	0.39	0.64	-0.77		-0.49	-0.77	0.34	0.52	-0.28
Inventory	-0.56	-0.49	-0.67	-0.66	-0.55	-0.63	-0.54	0.18	0.78	-0.65	-0.21	-0.61	-0.8	-0.64	-0.53	-0.66	-0.57	-0.79	-0.52	0.51	-0.49		0.82	-0.64	-0.67	0.76
Other Current Assets	-0.5	-0.77	-0.83	-0.77	-0.48	-0.89	-0.47	0.05	0.72	-0.75	-0.07	-0.78	-0.83	-0.67	-0.45	-0.73	-0.72	-0.74	-0.66	0.63	-0.77	0.82		-0.71	-0.79	0.69
Other Stockholder Equity	0.94	0.34	0.95	0.99	0.93	0.57	0.94	-0.54	-0.97	1.0	0.55	0.9	0.39	1.0	0.91	1.0	0.94	0.97	0.84	0.09	0.34	-0.64	-0.71		0.98	-0.97
Total Liab	0.84	0.52	0.99	1.0	0.83	0.72	0.85	-0.35	-0.94	0.98	0.36	0.97	0.41	0.97	0.8	0.97	0.98	0.96	0.92	-0.07	0.52	-0.67	-0.79	0.98		-0.94
Net Invested Capital	-0.94	-0.28	-0.9	-0.95	-0.93	-0.52	-0.94	0.55	1.0	-0.96	-0.57	-0.85	-0.44	-0.98	-0.92	-0.97	-0.88	-0.99	-0.8	-0.06	-0.28	0.76	0.69	-0.97	-0.94

Click cells to compare fundamentals

Reddit, 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 Reddit, Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Reddit, Price To Sales Ratio vs Pb Ratio Analysis

Price To Sales Ratio vs Pb Ratio

Price To Sales Ratio vs Pb Ratio Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Pb Ratio

Reddit, fundamental ratios Correlations

Reddit, Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Reddit, Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Current Deferred Revenue	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Capital Lease Obligations	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Current Deferred Revenue	+ 1.0	Total Stockholder Equity

Cash	- 1.0	Net Debt
Net Invested Capital	- 0.99	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.99	Retained Earnings
Net Invested Capital	- 0.98	Other Assets
Net Invested Capital	- 0.97	Other Stockholder Equity
Net Invested Capital	- 0.97	Net Receivables