CleanSpark Price To Sales Ratio from 2010 to 2024

CLSK Stock  USD 14.12  0.74  5.53%   
CleanSpark Price To Sales Ratio yearly trend continues to be quite stable with very little volatility. The value of Price To Sales Ratio is projected to decrease to 2.54. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing CleanSpark'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
2.67
Current Value
2.54
Quarterly Volatility
5.6 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CleanSpark financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CleanSpark's main balance sheet or income statement drivers, such as Interest Expense of 1.7 M, Other Operating Expenses of 361.6 M or Total Operating Expenses of 248.6 M, as well as many indicators such as Price To Sales Ratio of 2.54, Dividend Yield of 1.0E-4 or PTB Ratio of 0.55. CleanSpark financial statements analysis is a perfect complement when working with CleanSpark Valuation or Volatility modules.
  
Check out the analysis of CleanSpark Correlation against competitors.
For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.

Latest CleanSpark's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of CleanSpark over the last few years. Price to Sales Ratio is figured by comparing CleanSpark stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on CleanSpark sales, a figure that is much harder to manipulate than other CleanSpark 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. CleanSpark's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CleanSpark's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 10.58 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

CleanSpark Price To Sales Ratio Regression Statistics

Arithmetic Mean3,524
Geometric Mean122.71
Coefficient Of Variation160.33
Mean Deviation4,819
Median247.85
Standard Deviation5,650
Sample Variance31.9M
Range12.6K
R-Value(0.80)
Mean Square Error12.6M
R-Squared0.63
Significance0.0004
Slope(1,005)
Total Sum of Squares446.8M

CleanSpark Price To Sales Ratio History

2024 2.54
2023 2.67
2022 2.32
2021 1.03
2020 6.9
2019 11.89
2018 7.83

About CleanSpark Financial Statements

CleanSpark investors utilize fundamental indicators, such as Price To Sales Ratio, to predict how CleanSpark Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Sales Ratio 2.67  2.54 

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When determining whether CleanSpark is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CleanSpark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cleanspark Stock. Highlighted below are key reports to facilitate an investment decision about Cleanspark Stock:
Check out the analysis of CleanSpark Correlation against competitors.
For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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 CleanSpark. If investors know CleanSpark 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 CleanSpark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.99)
Revenue Per Share
1.788
Quarterly Revenue Growth
1.287
Return On Assets
0.022
Return On Equity
(0.15)
The market value of CleanSpark is measured differently than its book value, which is the value of CleanSpark that is recorded on the company's balance sheet. Investors also form their own opinion of CleanSpark's value that differs from its market value or its book value, called intrinsic value, which is CleanSpark'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 CleanSpark's market value can be influenced by many factors that don't directly affect CleanSpark'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 CleanSpark's value and its price as these two are different measures arrived at by different means. Investors typically determine if CleanSpark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CleanSpark'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.