Adaptive Biotechnologies Corp Stock Price To Sales

ADPT Stock  USD 6.29  0.15  2.33%   
Adaptive Biotechnologies Corp fundamentals help investors to digest information that contributes to Adaptive Biotechnologies' financial success or failures. It also enables traders to predict the movement of Adaptive Stock. The fundamental analysis module provides a way to measure Adaptive Biotechnologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Adaptive Biotechnologies stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 4.15  3.95 
Price To Sales Ratio is likely to drop to 3.95 in 2024.
  
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Adaptive Biotechnologies Corp Company Price To Sales Analysis

Adaptive Biotechnologies' Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Adaptive Biotechnologies Price To Sales

    
  5.24 X  
Most of Adaptive Biotechnologies' fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Adaptive Biotechnologies Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Adaptive Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Adaptive Biotechnologies is extremely important. It helps to project a fair market value of Adaptive Stock properly, considering its historical fundamentals such as Price To Sales. Since Adaptive Biotechnologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Adaptive Biotechnologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Adaptive Biotechnologies' interrelated accounts and indicators.
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Adaptive Price To Sales Historical Pattern

Today, most investors in Adaptive Biotechnologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Adaptive Biotechnologies' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Adaptive Biotechnologies price to sales as a starting point in their analysis.
   Adaptive Biotechnologies Price To Sales   
       Timeline  
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition

Adaptive Price To Sales Ratio

Price To Sales Ratio

3.95

At this time, Adaptive Biotechnologies' Price To Sales Ratio is comparatively stable compared to the past year.
Based on the latest financial disclosure, Adaptive Biotechnologies Corp has a Price To Sales of 5.2361 times. This is 75.53% lower than that of the Life Sciences Tools & Services sector and 94.68% lower than that of the Health Care industry. The price to sales for all United States stocks is 54.15% higher than that of the company.

Adaptive Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Adaptive Biotechnologies' direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Adaptive Biotechnologies could also be used in its relative valuation, which is a method of valuing Adaptive Biotechnologies by comparing valuation metrics of similar companies.
Adaptive Biotechnologies is currently under evaluation in price to sales category among its peers.

Adaptive Biotechnologies Current Valuation Drivers

We derive many important indicators used in calculating different scores of Adaptive Biotechnologies from analyzing Adaptive Biotechnologies' financial statements. These drivers represent accounts that assess Adaptive Biotechnologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Adaptive Biotechnologies' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap2.1B7.8B3.9B1.1B707.5M672.1M
Enterprise Value2.0B7.7B3.9B1.1B871.8M828.3M

Adaptive Biotechnologies ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Adaptive Biotechnologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Adaptive Biotechnologies' managers, analysts, and investors.
Environmental
Governance
Social

Adaptive Fundamentals

About Adaptive Biotechnologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Adaptive Biotechnologies Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Adaptive Biotechnologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Adaptive Biotechnologies Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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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.
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Additional Tools for Adaptive Stock Analysis

When running Adaptive Biotechnologies' price analysis, check to measure Adaptive Biotechnologies' 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 Adaptive Biotechnologies is operating at the current time. Most of Adaptive Biotechnologies' value examination focuses on studying past and present price action to predict the probability of Adaptive Biotechnologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adaptive Biotechnologies' price. Additionally, you may evaluate how the addition of Adaptive Biotechnologies to your portfolios can decrease your overall portfolio volatility.