DTF Price To Sales Ratio from 2010 to 2024

DTF Stock  USD 11.32  0.06  0.53%   
DTF Tax's Price To Sales Ratio is decreasing over the last several years with very volatile swings. Price To Sales Ratio is predicted to flatten to 17.31. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing DTF Tax'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
21.64
Current Value
17.31
Quarterly Volatility
20.78215729
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check DTF Tax financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DTF Tax's main balance sheet or income statement drivers, such as Interest Expense of 929.6 K, Selling General Administrative of 614.9 K or Total Revenue of 3.7 M, as well as many indicators such as Price To Sales Ratio of 17.31, Dividend Yield of 0.0529 or PTB Ratio of 0.7. DTF financial statements analysis is a perfect complement when working with DTF Tax Valuation or Volatility modules.
  
Check out the analysis of DTF Tax Correlation against competitors.

Latest DTF Tax's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of DTF Tax Free over the last few years. Price to Sales Ratio is figured by comparing DTF Tax Free stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on DTF Tax sales, a figure that is much harder to manipulate than other DTF Tax Free 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. DTF Tax's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DTF Tax's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 24.99 X10 Years Trend
Very volatile
   Price To Sales Ratio   
       Timeline  

DTF Price To Sales Ratio Regression Statistics

Arithmetic Mean16.27
Geometric Mean17.25
Coefficient Of Variation127.76
Mean Deviation10.94
Median16.22
Standard Deviation20.78
Sample Variance431.90
Range104
R-Value(0.01)
Mean Square Error465.03
R-Squared0.0002
Significance0.96
Slope(0.06)
Total Sum of Squares6,047

DTF Price To Sales Ratio History

2024 17.31
2023 21.64
2022 18.81
2021 -3.42
2020 26.46
2019 23.97
2018 8.12

About DTF Tax Financial Statements

DTF Tax stakeholders use historical fundamental indicators, such as DTF Tax's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although DTF Tax investors may analyze each financial statement separately, they are all interrelated. For example, changes in DTF Tax's assets and liabilities are reflected in the revenues and expenses on DTF Tax's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in DTF Tax Free. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 21.64  17.31 

Currently Active Assets on Macroaxis

When determining whether DTF Tax Free is a strong investment it is important to analyze DTF Tax's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DTF Tax's future performance. For an informed investment choice regarding DTF Stock, refer to the following important reports:
Check out the analysis of DTF Tax Correlation against competitors.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Asset Management & Custody Banks 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 DTF Tax. If investors know DTF 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 DTF Tax 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
(0.50)
Dividend Share
0.39
Earnings Share
0.04
Revenue Per Share
0.453
Quarterly Revenue Growth
(0.33)
The market value of DTF Tax Free is measured differently than its book value, which is the value of DTF that is recorded on the company's balance sheet. Investors also form their own opinion of DTF Tax's value that differs from its market value or its book value, called intrinsic value, which is DTF Tax'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 DTF Tax's market value can be influenced by many factors that don't directly affect DTF Tax'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 DTF Tax's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTF Tax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTF Tax'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.