Wearable Price To Sales Ratio from 2010 to 2024

WLDS Stock  USD 1.90  0.01  0.53%   
Wearable Devices Price To Sales Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Sales Ratio will likely drop to 70.86 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Wearable Devices' 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
74.58497683
Current Value
70.86
Quarterly Volatility
2.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Wearable Devices financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wearable Devices' main balance sheet or income statement drivers, such as Net Interest Income of 390.6 K, Depreciation And Amortization of 71.4 K or Interest Expense of 44.6 K, as well as many indicators such as Price To Sales Ratio of 70.86, Dividend Yield of 0.0 or PTB Ratio of 1.05. Wearable financial statements analysis is a perfect complement when working with Wearable Devices Valuation or Volatility modules.
  
Check out the analysis of Wearable Devices Correlation against competitors.
For more information on how to buy Wearable Stock please use our How to Invest in Wearable Devices guide.

Latest Wearable Devices' Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Wearable Devices over the last few years. Price to Sales Ratio is figured by comparing Wearable Devices stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Wearable Devices sales, a figure that is much harder to manipulate than other Wearable Devices 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. Wearable Devices' Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wearable Devices' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.98 X10 Years Trend
Very volatile
   Price To Sales Ratio   
       Timeline  

Wearable Price To Sales Ratio Regression Statistics

Arithmetic Mean2,994
Geometric Mean1,869
Coefficient Of Variation83.24
Mean Deviation1,283
Median2,623
Standard Deviation2,492
Sample Variance6.2M
Range11.1K
R-Value0.01
Mean Square Error6.7M
R-Squared0.000065
Significance0.98
Slope4.48
Total Sum of Squares86.9M

Wearable Price To Sales Ratio History

2024 70.86
2023 74.58
2022 2919.65
2021 4470.43
202011.1 K

About Wearable Devices Financial Statements

Wearable Devices shareholders use historical fundamental indicators, such as Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Wearable Devices investors may analyze each financial statement separately, they are all interrelated. The changes in Wearable Devices' assets and liabilities, for example, are also reflected in the revenues and expenses on on Wearable Devices' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Sales Ratio 74.58  70.86 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Wearable Stock Analysis

When running Wearable Devices' price analysis, check to measure Wearable Devices' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wearable Devices is operating at the current time. Most of Wearable Devices' value examination focuses on studying past and present price action to predict the probability of Wearable Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wearable Devices' price. Additionally, you may evaluate how the addition of Wearable Devices to your portfolios can decrease your overall portfolio volatility.