Romana Price To Sales Ratio vs Book Value Per Share Analysis
| RFBC Stock | USD 0.0001 0.00 0.00% |
Romana Food financial indicator trend analysis is much more than just breaking down Romana Food Brands prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Romana Food Brands is a good investment. Please check the relationship between Romana Food Price To Sales Ratio and its Book Value Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Romana Food Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Price To Sales Ratio vs Book Value Per Share
Price To Sales Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Romana Food Brands Price To Sales Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Romana Food's Price To Sales Ratio and Book Value Per Share is -0.27. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Romana Food Brands, assuming nothing else is changed. The correlation between historical values of Romana Food's Price To Sales Ratio and Book Value Per Share 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 Romana Food Brands are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Price To Sales Ratio i.e., Romana Food's Price To Sales Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.27 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Romana Food Brands stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Romana Food sales, a figure that is much harder to manipulate than other Romana Food Brands 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.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most indicators from Romana Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Romana Food Brands 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 Romana Food Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At present, Romana Food's Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting.
Romana Food fundamental ratios Correlations
Click cells to compare fundamentals
Romana Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Romana Food Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Romana Food. If investors know Romana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Romana Food listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Romana Food Brands is measured differently than its book value, which is the value of Romana that is recorded on the company's balance sheet. Investors also form their own opinion of Romana Food's value that differs from its market value or its book value, called intrinsic value, which is Romana Food's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Romana Food's market value can be influenced by many factors that don't directly affect Romana Food's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Romana Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Romana Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Romana Food's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.