EPlus Ev To Sales from 2010 to 2024
| PLUS Stock | USD 74.20 0.77 1.03% |
EV To Sales | First Reported 2010-12-31 | Previous Quarter 0.83553834 | Current Value 0.7 | Quarterly Volatility 0.20171749 |
Check EPlus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EPlus' main balance sheet or income statement drivers, such as Depreciation And Amortization of 27.2 M, Interest Expense of 4 M or Total Revenue of 2.3 B, as well as many indicators such as Price To Sales Ratio of 0.97, Dividend Yield of 1.0E-4 or PTB Ratio of 2.2. EPlus financial statements analysis is a perfect complement when working with EPlus Valuation or Volatility modules.
EPlus | Ev To Sales |
Latest EPlus' Ev To Sales Growth Pattern
Below is the plot of the Ev To Sales of ePlus inc over the last few years. It is the Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue. EPlus' EV To Sales historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EPlus' overall financial position and show how it may be relating to other accounts over time.
| Ev To Sales | 10 Years Trend |
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Ev To Sales |
| Timeline |
EPlus Ev To Sales Regression Statistics
| Arithmetic Mean | 0.69 | |
| Geometric Mean | 0.66 | |
| Coefficient Of Variation | 29.04 | |
| Mean Deviation | 0.16 | |
| Median | 0.70 | |
| Standard Deviation | 0.20 | |
| Sample Variance | 0.04 | |
| Range | 0.7291 | |
| R-Value | 0.36 | |
| Mean Square Error | 0.04 | |
| R-Squared | 0.13 | |
| Significance | 0.19 | |
| Slope | 0.02 | |
| Total Sum of Squares | 0.57 |
EPlus Ev To Sales History
About EPlus Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include EPlus income statement, its balance sheet, and the statement of cash flows. EPlus investors use historical funamental indicators, such as EPlus's Ev To Sales, to determine how well the company is positioned to perform in the future. Although EPlus investors may use each financial statement separately, they are all related. The changes in EPlus's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on EPlus'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 EPlus Financial Statements. Understanding these patterns can help to make the right decision on long term investment in EPlus. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| EV To Sales | 0.84 | 0.70 |
Pair Trading with EPlus
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 EPlus 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 EPlus will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to EPlus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EPlus 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 EPlus - 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 ePlus inc to buy it.
The correlation of EPlus 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 EPlus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ePlus inc 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 EPlus 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.Additional Tools for EPlus Stock Analysis
When running EPlus' price analysis, check to measure EPlus' 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 EPlus is operating at the current time. Most of EPlus' value examination focuses on studying past and present price action to predict the probability of EPlus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EPlus' price. Additionally, you may evaluate how the addition of EPlus to your portfolios can decrease your overall portfolio volatility.