Granite Ridge Resources Stock Price To Sales
| GRNT Stock | USD 4.83 0.04 0.84% |
Granite Ridge's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Granite Stock price.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Granite Ridge Resources Company Price To Sales Analysis
Granite Ridge'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.
Current Granite Ridge Price To Sales | 1.61 X |
Most of Granite Ridge'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, Granite Ridge Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 |
Based on the latest financial disclosure, Granite Ridge Resources has a Price To Sales of 1.6076 times. This is 25.57% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The price to sales for all United States stocks is 85.92% higher than that of the company.
Granite Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Granite Ridge'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 Granite Ridge could also be used in its relative valuation, which is a method of valuing Granite Ridge by comparing valuation metrics of similar companies.Granite Ridge is currently under evaluation in price to sales category among its peers.
Granite Fundamentals
| Return On Equity | 0.0189 | ||||
| Return On Asset | 0.0637 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 840.11 M | ||||
| Shares Outstanding | 131.11 M | ||||
| Shares Owned By Insiders | 8.29 % | ||||
| Shares Owned By Institutions | 79.10 % | ||||
| Number Of Shares Shorted | 2.91 M | ||||
| Price To Earning | 459.50 X | ||||
| Price To Book | 1.01 X | ||||
| Price To Sales | 1.61 X | ||||
| Revenue | 380.03 M | ||||
| Gross Profit | 327.12 M | ||||
| EBITDA | 219.97 M | ||||
| Net Income | 18.76 M | ||||
| Cash And Equivalents | 172.1 K | ||||
| Total Debt | 205 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 0.02 X | ||||
| Book Value Per Share | 4.82 X | ||||
| Cash Flow From Operations | 275.73 M | ||||
| Short Ratio | 2.92 X | ||||
| Earnings Per Share | 0.09 X | ||||
| Target Price | 7.06 | ||||
| Beta | 0.31 | ||||
| Market Capitalization | 628.03 M | ||||
| Total Asset | 1.06 B | ||||
| Retained Earnings | 16.05 M | ||||
| Working Capital | 33.41 M | ||||
| Annual Yield | 0.09 % | ||||
| Net Asset | 1.06 B | ||||
| Last Dividend Paid | 0.44 |
About Granite Ridge Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Granite Ridge Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Granite Ridge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Granite Ridge Resources 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 Granite Stock Analysis
When running Granite Ridge's price analysis, check to measure Granite Ridge'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 Granite Ridge is operating at the current time. Most of Granite Ridge's value examination focuses on studying past and present price action to predict the probability of Granite Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Ridge's price. Additionally, you may evaluate how the addition of Granite Ridge to your portfolios can decrease your overall portfolio volatility.