Veritone Price To Sales Ratio vs Ev To Sales Analysis
VERI Stock | USD 2.64 0.03 1.12% |
Veritone financial indicator trend analysis is much more than just breaking down Veritone prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veritone is a good investment. Please check the relationship between Veritone Price To Sales Ratio and its Ev To Sales accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veritone. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.
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 Veritone Price To Sales Ratio account and Ev To Sales. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Veritone's Price To Sales Ratio and Ev To Sales is 0.97. 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 Veritone, assuming nothing else is changed. The correlation between historical values of Veritone'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 Veritone 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., Veritone's Price To Sales Ratio and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Veritone stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Veritone sales, a figure that is much harder to manipulate than other Veritone 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 Veritone's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veritone 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Veritone. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.As of now, Veritone's Tax Provision is increasing as compared to previous years. The Veritone's current Sales General And Administrative To Revenue is estimated to increase to 1.11, while Selling General Administrative is projected to decrease to under 40.4 M.
2020 | 2022 | 2023 | 2024 (projected) | Gross Profit | 42.0M | 122.3M | 99.3M | 104.3M | Total Revenue | 57.7M | 149.7M | 127.6M | 133.9M |
Veritone fundamental ratios Correlations
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Veritone Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Veritone fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 108.5M | 177.7M | 504.8M | 424.8M | 375.8M | 206.8M | |
Other Current Liab | 23.5M | 66.1M | 20.0M | 135.0M | 114.2M | 119.9M | |
Total Current Liabilities | 59.7M | 88.2M | 191.3M | 192.9M | 188.8M | 98.8M | |
Total Stockholder Equity | 47.4M | 88.2M | 80.6M | 80.2M | 38.1M | 42.4M | |
Other Liab | 1.4M | 1.2M | 37.8M | 12.3M | 14.1M | 7.4M | |
Net Tangible Assets | 24.4M | 70.6M | (41.7M) | (46.3M) | (41.7M) | (39.6M) | |
Retained Earnings | (232.5M) | (280.4M) | (351.0M) | (371.3M) | (429.9M) | (408.4M) | |
Accounts Payable | 17.0M | 15.6M | 46.7M | 36.7M | 32.8M | 25.9M | |
Cash | 44.1M | 114.8M | 254.7M | 184.4M | 79.4M | 87.4M | |
Net Receivables | 31.6M | 35.0M | 112.2M | 78.3M | 83.2M | 44.9M | |
Common Stock Shares Outstanding | 21.8M | 27.6M | 33.3M | 36.0M | 36.9M | 22.4M | |
Other Stockholder Equity | 279.8M | 368.5M | 431.6M | 451.5M | 468.0M | 253.3M | |
Total Liab | 61.1M | 89.4M | 424.2M | 344.6M | 337.7M | 354.6M | |
Total Current Assets | 81.1M | 156.6M | 379.1M | 278.0M | 182.8M | 145.8M | |
Intangible Assets | 16.1M | 10.7M | 88.2M | 79.7M | 83.4M | 87.6M | |
Common Stock | 26K | 32K | 35K | 36K | 38K | 23.2K | |
Property Plant Equipment | 3.2M | 2.4M | 1.6M | 5.3M | 6.1M | 6.4M | |
Property Plant And Equipment Net | 3.2M | 2.4M | 1.6M | 5.3M | 10.3M | 10.8M | |
Current Deferred Revenue | 19.2M | 6.5M | 10.6M | 19.0M | 28.3M | 29.7M | |
Net Debt | (44.1M) | (114.8M) | (59.6M) | (46.7M) | 63.6M | 66.8M | |
Non Current Assets Total | 27.4M | 21.1M | 125.7M | 146.7M | 193.0M | 202.7M | |
Cash And Short Term Investments | 44.1M | 114.8M | 254.7M | 184.4M | 79.4M | 101.3M | |
Common Stock Total Equity | 26K | 32K | 35K | 36K | 41.4K | 23.4K | |
Liabilities And Stockholders Equity | 108.5M | 177.7M | 504.8M | 424.8M | 375.8M | 226.1M | |
Non Current Liabilities Total | 1.4M | 1.2M | 232.9M | 151.6M | 148.8M | 156.3M | |
Capital Surpluse | 279.8M | 368.5M | 431.6M | 451.2M | 518.8M | 265.1M | |
Other Current Assets | 15.7M | 6.7M | 39.3M | 15.2M | 20.2M | 12.9M | |
Property Plant And Equipment Gross | 3.2M | 2.4M | 4.4M | 8.8M | 16.7M | 17.5M | |
Accumulated Other Comprehensive Income | 1K | 46K | 66K | (104K) | (10K) | (10.5K) | |
Non Currrent Assets Other | 1.2M | 1.1M | 1.8M | 15.3M | 19.0M | 20.0M | |
Other Assets | 1.2M | 1.1M | 345.8M | 13.5M | 15.6M | 14.8M | |
Non Current Liabilities Other | 1.4M | 1.2M | 37.8M | 13.9M | 14.3M | 11.0M | |
Retained Earnings Total Equity | (232.5M) | (280.4M) | (351.0M) | (371.3M) | (334.1M) | (350.9M) | |
Net Invested Capital | 47.4M | 88.2M | 195.1M | 137.8M | 178.5M | 120.8M | |
Net Working Capital | 21.4M | 68.3M | 187.8M | 85.1M | (6.1M) | (5.8M) |
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When determining whether Veritone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veritone's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veritone Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veritone Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veritone. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Application Software 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 Veritone. If investors know Veritone 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 Veritone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.52 | Earnings Share (1.59) | Revenue Per Share 3.534 | Quarterly Revenue Growth 0.108 | Return On Assets (0.12) |
The market value of Veritone is measured differently than its book value, which is the value of Veritone that is recorded on the company's balance sheet. Investors also form their own opinion of Veritone's value that differs from its market value or its book value, called intrinsic value, which is Veritone'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 Veritone's market value can be influenced by many factors that don't directly affect Veritone'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 Veritone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veritone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veritone'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.