Reliance Global Group Stock Price To Sales
RELIW Stock | USD 0.06 0.02 55.56% |
Fundamental analysis of Reliance Global allows traders to better anticipate movements in Reliance Global's stock price by examining its financial health and performance throughout various phases of its business cycle.
Last Reported | Projected for Next Year | ||
Price To Sales Ratio | 0.18 | 0.18 |
Reliance | Price To Sales | Build AI portfolio with Reliance Stock |
Reliance Global Group Company Price To Sales Analysis
Reliance Global'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 Reliance Global Price To Sales | 0.18 |
Most of Reliance Global'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, Reliance Global Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Reliance Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for Reliance Global is extremely important. It helps to project a fair market value of Reliance Stock properly, considering its historical fundamentals such as Price To Sales. Since Reliance Global'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 Reliance Global'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 Reliance Global's interrelated accounts and indicators.
Click cells to compare fundamentals
Reliance Price To Sales Historical Pattern
Today, most investors in Reliance Global Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Reliance Global'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 Reliance Global price to sales as a starting point in their analysis.
Reliance Global 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 |
Reliance Price To Sales Ratio
Price To Sales Ratio |
|
Reliance Global Current Valuation Drivers
We derive many important indicators used in calculating different scores of Reliance Global from analyzing Reliance Global's financial statements. These drivers represent accounts that assess Reliance Global's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Reliance Global's important valuation drivers and their relationship over time.
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Market Cap | 638.9M | 1.1B | 158.6M | 25.7M | 2.6M | 2.5M | |
Enterprise Value | 652.8M | 1.1B | 174.4M | 39.0M | 15.3M | 14.5M |
Reliance Fundamentals
Return On Equity | -2.24 | ||||
Return On Asset | -0.18 | ||||
Profit Margin | (0.48) % | ||||
Operating Margin | (0.77) % | ||||
Number Of Shares Shorted | 2.37 K | ||||
Revenue | 14.05 M | ||||
Gross Profit | 1.34 M | ||||
EBITDA | (5.7 M) | ||||
Net Income | (9.07 M) | ||||
Cash And Equivalents | 13.28 K | ||||
Total Debt | 13.03 M | ||||
Current Ratio | 0.09 X | ||||
Book Value Per Share | 0.99 X | ||||
Cash Flow From Operations | (2.52 M) | ||||
Number Of Employees | 64 | ||||
Beta | -0.33 | ||||
Market Capitalization | 39.24 M | ||||
Total Asset | 17.32 M | ||||
Retained Earnings | (48.07 M) | ||||
Working Capital | 415.69 K | ||||
Net Asset | 17.32 M |
About Reliance Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reliance Global Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reliance Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reliance Global Group 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Reliance Stock Analysis
When running Reliance Global's price analysis, check to measure Reliance Global'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 Reliance Global is operating at the current time. Most of Reliance Global's value examination focuses on studying past and present price action to predict the probability of Reliance Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Global's price. Additionally, you may evaluate how the addition of Reliance Global to your portfolios can decrease your overall portfolio volatility.