NiSource Price To Sales Ratio from 2010 to 2024
| NI Stock | USD 36.57 0.55 1.53% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 2.00665801 | Current Value 2.11 | Quarterly Volatility 0.69180655 |
Check NiSource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NiSource's main balance sheet or income statement drivers, such as Interest Expense of 514.1 M, Total Revenue of 5 B or Gross Profit of 3.5 B, as well as many indicators such as Price To Sales Ratio of 2.11, Dividend Yield of 0.0393 or PTB Ratio of 0.7. NiSource financial statements analysis is a perfect complement when working with NiSource Valuation or Volatility modules.
NiSource | Price To Sales Ratio |
Latest NiSource's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of NiSource over the last few years. Price to Sales Ratio is figured by comparing NiSource stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on NiSource sales, a figure that is much harder to manipulate than other NiSource 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. NiSource's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NiSource's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 3.23 X | 10 Years Trend |
|
Price To Sales Ratio |
| Timeline |
NiSource Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 1.41 | |
| Geometric Mean | 1.16 | |
| Coefficient Of Variation | 48.91 | |
| Mean Deviation | 0.60 | |
| Median | 1.73 | |
| Standard Deviation | 0.69 | |
| Sample Variance | 0.48 | |
| Range | 2.0737 | |
| R-Value | 0.94 | |
| Mean Square Error | 0.06 | |
| R-Squared | 0.88 | |
| Slope | 0.15 | |
| Total Sum of Squares | 6.70 |
NiSource Price To Sales Ratio History
About NiSource Financial Statements
Investors use fundamental indicators, such as NiSource's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although NiSource's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 2.01 | 2.11 |
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Check out the analysis of NiSource Correlation against competitors. For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Multi-Utilities 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 NiSource. If investors know NiSource 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 NiSource 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 0.097 | Dividend Share 1.06 | Earnings Share 1.64 | Revenue Per Share 11.933 | Quarterly Revenue Growth 0.048 |
The market value of NiSource is measured differently than its book value, which is the value of NiSource that is recorded on the company's balance sheet. Investors also form their own opinion of NiSource's value that differs from its market value or its book value, called intrinsic value, which is NiSource'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 NiSource's market value can be influenced by many factors that don't directly affect NiSource'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 NiSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if NiSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NiSource'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.