Ardelyx Stock Price To Sales

ARDX Stock  USD 5.84  0.01  0.17%   
Ardelyx fundamentals help investors to digest information that contributes to Ardelyx's financial success or failures. It also enables traders to predict the movement of Ardelyx Stock. The fundamental analysis module provides a way to measure Ardelyx's 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 Ardelyx stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 10.93  10.38 
Price To Sales Ratio is likely to drop to 10.38 in 2024.
  
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Ardelyx Company Price To Sales Analysis

Ardelyx's 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 Ardelyx Price To Sales

    
  6.55 X  
Most of Ardelyx's 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, Ardelyx is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ardelyx Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Ardelyx is extremely important. It helps to project a fair market value of Ardelyx Stock properly, considering its historical fundamentals such as Price To Sales. Since Ardelyx's 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 Ardelyx's 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 Ardelyx's interrelated accounts and indicators.
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Ardelyx Price To Sales Historical Pattern

Today, most investors in Ardelyx Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ardelyx's 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 Ardelyx price to sales as a starting point in their analysis.
   Ardelyx 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

Ardelyx Price To Sales Ratio

Price To Sales Ratio

10.38

At this time, Ardelyx's Price To Sales Ratio is fairly stable compared to the past year.
Based on the latest financial disclosure, Ardelyx has a Price To Sales of 6.5472 times. This is 69.41% lower than that of the Biotechnology sector and 93.35% lower than that of the Health Care industry. The price to sales for all United States stocks is 42.67% higher than that of the company.

Ardelyx Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ardelyx's 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 Ardelyx could also be used in its relative valuation, which is a method of valuing Ardelyx by comparing valuation metrics of similar companies.
Ardelyx is currently under evaluation in price to sales category among its peers.

Ardelyx Current Valuation Drivers

We derive many important indicators used in calculating different scores of Ardelyx from analyzing Ardelyx's financial statements. These drivers represent accounts that assess Ardelyx's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ardelyx's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap484.2M579.6M114.6M452.3M1.4B1.4B
Enterprise Value357.8M541.9M87.7M392.6M1.4B1.5B

Ardelyx 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, Ardelyx's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ardelyx's managers, analysts, and investors.
Environmental
Governance
Social

Ardelyx Fundamentals

About Ardelyx Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ardelyx's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ardelyx using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ardelyx 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.

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Additional Tools for Ardelyx Stock Analysis

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