Prom Resources Stock Price To Sales
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Prom Resources' long-term financial health and intrinsic value.
Prom |
Prom Resources Company Price To Sales Analysis
Prom Resources' 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 Prom Resources Price To Sales | 0.19 X |
Most of Prom Resources' 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, Prom 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.
CompetitionBased on the latest financial disclosure, Prom Resources has a Price To Sales of 0.1858 times. This is 99.3% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The price to sales for all United States stocks is 98.37% higher than that of the company.
Prom Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Prom Resources' direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Prom Resources could also be used in its relative valuation, which is a method of valuing Prom Resources by comparing valuation metrics of similar companies.Prom Resources is currently under evaluation in price to sales category among its peers.
Prom Fundamentals
Profit Margin | 0.49 % | ||||
Operating Margin | 0.48 % | ||||
Current Valuation | 23.04 M | ||||
Shares Outstanding | 8.42 B | ||||
Shares Owned By Insiders | 0.06 % | ||||
Price To Earning | 0.20 X | ||||
Price To Sales | 0.19 X | ||||
Revenue | 6.17 M | ||||
Gross Profit | 5.25 M | ||||
EBITDA | 4.67 M | ||||
Net Income | 2.31 M | ||||
Cash And Equivalents | 569.17 K | ||||
Total Debt | 7.59 M | ||||
Debt To Equity | 0.51 % | ||||
Current Ratio | 78.69 X | ||||
Book Value Per Share | 0 X | ||||
Cash Flow From Operations | 2.57 M | ||||
Earnings Per Share | 0 X | ||||
Number Of Employees | 15 | ||||
Beta | -0.67 | ||||
Market Capitalization | 841.82 K | ||||
Total Asset | 18.33 M | ||||
Retained Earnings | (64.03 M) | ||||
Working Capital | 12.35 M | ||||
Current Asset | 16.52 M | ||||
Current Liabilities | 4.18 M | ||||
Z Score | -4.2 | ||||
Net Asset | 18.33 M |
Pair Trading with Prom Resources
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 Prom Resources 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 Prom Resources will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Other Consideration for investing in Prom Pink Sheet
If you are still planning to invest in Prom Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Prom Resources' history and understand the potential risks before investing.
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