Pioneering Technology Revenue vs. Price To Sales

PTE Stock  CAD 0.01  0.00  0.00%   
Based on the key profitability measurements obtained from Pioneering Technology's financial statements, Pioneering Technology's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Pioneering Technology's ability to earn profits and add value for shareholders.
 
Total Revenue  
First Reported
2002-09-30
Previous Quarter
523.6 K
Current Value
890.2 K
Quarterly Volatility
688 K
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Pioneering Technology's Price To Sales Ratio is fairly stable compared to the past year. EV To Sales is likely to climb to 13.07 in 2024, despite the fact that Operating Cash Flow Sales Ratio is likely to grow to (247.75). At this time, Pioneering Technology's Income Tax Expense is fairly stable compared to the past year. Interest Income is likely to climb to about 50.5 K in 2024, whereas Operating Income is likely to drop (776.9 K) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.630.54
Fairly Up
Slightly volatile
For Pioneering Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pioneering Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pioneering Technology Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pioneering Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pioneering Technology Corp over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Pioneering Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneering Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneering Technology'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.

Pioneering Technology Price To Sales vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Pioneering Technology's current stock value. Our valuation model uses many indicators to compare Pioneering Technology value to that of its competitors to determine the firm's financial worth.
Pioneering Technology Corp is regarded fourth in revenue category among its peers. It also is regarded fourth in price to sales category among its peers . The ratio of Revenue to Price To Sales for Pioneering Technology Corp is about  14,092,311 . At this time, Pioneering Technology's Total Revenue is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Pioneering Technology's earnings, one of the primary drivers of an investment's value.

Pioneering Revenue vs. Competition

Pioneering Technology Corp is regarded fourth in revenue category among its peers. Market size based on revenue of Information Technology industry is at this time estimated at about 27.31 Million. Pioneering Technology retains roughly 2.87 Million in revenue claiming about 11% of equities under Information Technology industry.

Pioneering Price To Sales vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Pioneering Technology

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
2.87 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Pioneering Technology

P/S

 = 

MV Per Share

Revenue Per Share

 = 
0.20 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Pioneering Price To Sales Comparison

Pioneering Technology is currently under evaluation in price to sales category among its peers.

Pioneering Technology Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Pioneering Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pioneering Technology will eventually generate negative long term returns. The profitability progress is the general direction of Pioneering Technology's change in net profit over the period of time. It can combine multiple indicators of Pioneering Technology, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-127.8 K-134.2 K
Operating Income-739.9 K-776.9 K
Net Loss-772.6 K-811.2 K
Income Tax Expense91.7 K94 K
Income Before Tax-772.6 K-811.2 K
Total Other Income Expense Net-100.2 K-105.2 K
Net Loss-604.6 K-634.9 K
Net Loss-562.7 K-590.8 K
Net Interest Income-43.5 K-45.7 K
Interest Income48.1 K50.5 K
Change To Netincome133.2 K126.5 K
Net Loss(9.04)(8.59)
Income Quality 0.60  0.63 
Net Income Per E B T 1.31  1.37 

Pioneering Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Pioneering Technology. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Pioneering Technology position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Pioneering Technology's important profitability drivers and their relationship over time.

Use Pioneering Technology in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pioneering Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pioneering Technology will appreciate offsetting losses from the drop in the long position's value.

Pioneering Technology Pair Trading

Pioneering Technology Corp Pair Trading Analysis

The ability to find closely correlated positions to Pioneering Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pioneering Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pioneering Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pioneering Technology Corp to buy it.
The correlation of Pioneering Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pioneering Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pioneering Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pioneering Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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Additional Tools for Pioneering Stock Analysis

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