MYR Price To Sales Ratio from 2010 to 2024
| MYRG Stock | USD 147.75 0.14 0.09% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 0.66212415 | Current Value 0.63 | Quarterly Volatility 0.62289711 |
Check MYR financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MYR's main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.1 M, Interest Expense of 5.2 M or Total Revenue of 3.8 B, as well as many indicators such as Price To Sales Ratio of 0.63, Dividend Yield of 0.17 or PTB Ratio of 3.52. MYR financial statements analysis is a perfect complement when working with MYR Valuation or Volatility modules.
MYR | Price To Sales Ratio |
Latest MYR's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of MYR Group over the last few years. Price to Sales Ratio is figured by comparing MYR Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on MYR sales, a figure that is much harder to manipulate than other MYR Group multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period. MYR's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MYR's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.78 X | 10 Years Trend |
|
Price To Sales Ratio |
| Timeline |
MYR Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 0.66 | |
| Geometric Mean | 0.55 | |
| Coefficient Of Variation | 94.05 | |
| Mean Deviation | 0.30 | |
| Median | 0.51 | |
| Standard Deviation | 0.62 | |
| Sample Variance | 0.39 | |
| Range | 2.6019 | |
| R-Value | (0.38) | |
| Mean Square Error | 0.36 | |
| R-Squared | 0.14 | |
| Significance | 0.17 | |
| Slope | (0.05) | |
| Total Sum of Squares | 5.43 |
MYR Price To Sales Ratio History
About MYR Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include MYR income statement, its balance sheet, and the statement of cash flows. MYR investors use historical funamental indicators, such as MYR's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although MYR investors may use each financial statement separately, they are all related. The changes in MYR's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MYR's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on MYR Financial Statements. Understanding these patterns can help to make the right decision on long term investment in MYR. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 0.66 | 0.63 |
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Additional Information and Resources on Investing in MYR Stock
When determining whether MYR Group is a strong investment it is important to analyze MYR's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MYR's future performance. For an informed investment choice regarding MYR Stock, refer to the following important reports:Check out the analysis of MYR Correlation against competitors. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MYR. If investors know MYR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MYR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.19) | Earnings Share 5.15 | Revenue Per Share 218.366 | Quarterly Revenue Growth 0.005 | Return On Assets 0.0516 |
The market value of MYR Group is measured differently than its book value, which is the value of MYR that is recorded on the company's balance sheet. Investors also form their own opinion of MYR's value that differs from its market value or its book value, called intrinsic value, which is MYR's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MYR's market value can be influenced by many factors that don't directly affect MYR's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MYR's value and its price as these two are different measures arrived at by different means. Investors typically determine if MYR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYR's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.