Ardelyx Price To Sales Ratio from 2010 to 2024

ARDX Stock  USD 5.84  0.01  0.17%   
Ardelyx Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio will likely drop to 10.38 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Ardelyx's market cap by its total sales or revenue over a 12-month period. View All Fundamentals
 
Price To Sales Ratio  
First Reported
2010-12-31
Previous Quarter
10.92638176
Current Value
10.38
Quarterly Volatility
25.92843383
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ardelyx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ardelyx's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 9.3 M or Selling General Administrative of 141.1 M, as well as many indicators such as Price To Sales Ratio of 10.38, Dividend Yield of 0.0 or PTB Ratio of 8.56. Ardelyx financial statements analysis is a perfect complement when working with Ardelyx Valuation or Volatility modules.
  
Check out the analysis of Ardelyx Correlation against competitors.
For more information on how to buy Ardelyx Stock please use our How to Invest in Ardelyx guide.

Latest Ardelyx's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Ardelyx over the last few years. Price to Sales Ratio is figured by comparing Ardelyx stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ardelyx sales, a figure that is much harder to manipulate than other Ardelyx multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is 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. Ardelyx's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ardelyx's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 6.55 X10 Years Trend
Very volatile
   Price To Sales Ratio   
       Timeline  

Ardelyx Price To Sales Ratio Regression Statistics

Arithmetic Mean27.58
Geometric Mean19.03
Coefficient Of Variation94.02
Mean Deviation19.44
Median17.27
Standard Deviation25.93
Sample Variance672.28
Range85.5711
R-Value(0.03)
Mean Square Error723.30
R-Squared0.001
Significance0.91
Slope(0.18)
Total Sum of Squares9,412

Ardelyx Price To Sales Ratio History

2024 10.38
2023 10.93
2022 8.67
2021 11.35
2020 76.55
2019 91.69
2018 38.6

About Ardelyx Financial Statements

Ardelyx investors use historical fundamental indicators, such as Ardelyx's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Ardelyx. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 10.93  10.38 

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Additional Tools for Ardelyx Stock Analysis

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