Tsakos Price To Sales Ratio from 2010 to 2026
| TEN Stock | USD 28.31 0.01 0.04% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 0.73 | Current Value 1.24 | Quarterly Volatility 0.38201006 |
Check Tsakos Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tsakos Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 139.6 M, Selling General Administrative of 38.8 M or Total Revenue of 687.5 M, as well as many indicators such as Price To Sales Ratio of 1.24, Dividend Yield of 0.0798 or PTB Ratio of 0.67. Tsakos financial statements analysis is a perfect complement when working with Tsakos Energy Valuation or Volatility modules.
Tsakos | Price To Sales Ratio | Build AI portfolio with Tsakos Stock |
Evaluating Tsakos Energy's Price To Sales Ratio across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Tsakos Energy Navigation's fundamental strength.
Latest Tsakos Energy's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Tsakos Energy Navigation over the last few years. Price to Sales Ratio is figured by comparing Tsakos Energy Navigation stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Tsakos Energy sales, a figure that is much harder to manipulate than other Tsakos Energy Navigation 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. Tsakos Energy's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tsakos Energy's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.12 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
Tsakos Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 0.76 | |
| Geometric Mean | 0.67 | |
| Coefficient Of Variation | 50.55 | |
| Mean Deviation | 0.28 | |
| Median | 0.65 | |
| Standard Deviation | 0.38 | |
| Sample Variance | 0.15 | |
| Range | 1.5278 | |
| R-Value | (0.28) | |
| Mean Square Error | 0.14 | |
| R-Squared | 0.08 | |
| Significance | 0.28 | |
| Slope | (0.02) | |
| Total Sum of Squares | 2.33 |
Tsakos Price To Sales Ratio History
About Tsakos Energy Financial Statements
Tsakos Energy investors utilize fundamental indicators, such as Price To Sales Ratio, to predict how Tsakos 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 Reported | Projected for Next Year | ||
| Price To Sales Ratio | 0.73 | 1.24 |
Pair Trading with Tsakos Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tsakos Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tsakos Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Tsakos Stock
| 0.76 | AM | Antero Midstream Partners Earnings Call This Week | PairCorr |
| 0.87 | EE | Excelerate Energy | PairCorr |
| 0.93 | ET | Energy Transfer LP Earnings Call Tomorrow | PairCorr |
| 0.87 | TK | Teekay Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Tsakos Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tsakos Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tsakos Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tsakos Energy Navigation to buy it.
The correlation of Tsakos Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tsakos Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tsakos Energy Navigation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tsakos Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Tsakos Energy Correlation against competitors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Will Oil & Gas Storage & Transportation sector continue expanding? Could Tsakos diversify its offerings? Factors like these will boost the valuation of Tsakos Energy. If investors know Tsakos will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Tsakos Energy data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.565 | Dividend Share 1.5 | Earnings Share 3.16 | Revenue Per Share | Quarterly Revenue Growth (0.07) |
Investors evaluate Tsakos Energy Navigation using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Tsakos Energy's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Tsakos Energy's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Tsakos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tsakos Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Tsakos Energy's market price signifies the transaction level at which participants voluntarily complete trades.