Tsakos Price To Sales Ratio from 2010 to 2024
TEN Stock  USD 25.37 0.20 0.79% 
Price To Sales Ratio  First Reported 20101231  Previous Quarter 0.74761883  Current Value 0.41  Quarterly Volatility 0.22269745 
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 96.6 M, Total Revenue of 487 M or Gross Profit of 388.5 M, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 0.096 or PTB Ratio of 0.43. Tsakos financial statements analysis is a perfect complement when working with Tsakos Energy Valuation or Volatility modules.
Tsakos  Price To Sales Ratio 
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 12month 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 0.90 X  10 Years Trend 

Price To Sales Ratio 
Timeline 
Tsakos Price To Sales Ratio Regression Statistics
Arithmetic Mean  0.40  
Geometric Mean  0.35  
Coefficient Of Variation  55.19  
Mean Deviation  0.19  
Median  0.29  
Standard Deviation  0.22  
Sample Variance  0.05  
Range  0.6737  
RValue  0.52  
Mean Square Error  0.04  
RSquared  0.27  
Significance  0.05  
Slope  0.03  
Total Sum of Squares  0.69 
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  0.75  0.41 
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
Moving against Tsakos Stock
The ability to find closely correlated positions to Tsakos Energy could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough 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 riskadjusted return on your portfolios.Check out the analysis of Tsakos Energy Correlation against competitors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Oil & Gas Storage & Transportation 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 Tsakos Energy. If investors know Tsakos 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 Tsakos Energy 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 0.43  Dividend Share 0.9  Earnings Share 5.66  Revenue Per Share 27.878  Quarterly Revenue Growth (0.03) 
The market value of Tsakos Energy Navigation is measured differently than its book value, which is the value of Tsakos that is recorded on the company's balance sheet. Investors also form their own opinion of Tsakos Energy's value that differs from its market value or its book value, called intrinsic value, which is Tsakos Energy'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 Tsakos Energy's market value can be influenced by many factors that don't directly affect Tsakos Energy'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 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. However, Tsakos Energy'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.