Biodesix Price To Sales Ratio from 2010 to 2024

BDSX Stock  USD 1.48  0.02  1.37%   
Biodesix Price To Sales Ratio yearly trend continues to be fairly stable with very little volatility. Price To Sales Ratio will likely drop to 2.92 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Biodesix'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
3.07796199
Current Value
2.92
Quarterly Volatility
6.16499697
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Biodesix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Biodesix's main balance sheet or income statement drivers, such as Interest Income of 25.9 K, Depreciation And Amortization of 3.2 M or Interest Expense of 6.5 M, as well as many indicators such as Price To Sales Ratio of 2.92, Dividend Yield of 0.0 or PTB Ratio of 34.64. Biodesix financial statements analysis is a perfect complement when working with Biodesix Valuation or Volatility modules.
  
Check out the analysis of Biodesix Correlation against competitors.
For more information on how to buy Biodesix Stock please use our How to Invest in Biodesix guide.

Latest Biodesix's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Biodesix over the last few years. Price to Sales Ratio is figured by comparing Biodesix stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Biodesix sales, a figure that is much harder to manipulate than other Biodesix 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. Biodesix's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Biodesix's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.28 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Biodesix Price To Sales Ratio Regression Statistics

Arithmetic Mean12.40
Geometric Mean9.95
Coefficient Of Variation49.72
Mean Deviation5.21
Median16.64
Standard Deviation6.16
Sample Variance38.01
Range14.1061
R-Value(0.84)
Mean Square Error11.87
R-Squared0.71
Significance0.000081
Slope(1.16)
Total Sum of Squares532.10

Biodesix Price To Sales Ratio History

2024 2.92
2023 3.08
2022 2.53
2021 2.66
2020 11.75
2019 13.3

About Biodesix Financial Statements

Biodesix investors use historical fundamental indicators, such as Biodesix'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 Biodesix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 3.08  2.92 

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Additional Tools for Biodesix Stock Analysis

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