Kinross Gold Corp Stock Price To Sales

K Stock  CAD 10.88  0.21  1.97%   
Kinross Gold Corp fundamentals help investors to digest information that contributes to Kinross Gold's financial success or failures. It also enables traders to predict the movement of Kinross Stock. The fundamental analysis module provides a way to measure Kinross Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Kinross Gold stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 1.75  1.66 
As of the 19th of May 2024, Price To Sales Ratio is likely to drop to 1.66.
  
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Kinross Gold Corp Company Price To Sales Analysis

Kinross Gold'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.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Kinross Gold Price To Sales

    
  2.55 X  
Most of Kinross Gold'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, Kinross Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Kinross Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Kinross Gold is extremely important. It helps to project a fair market value of Kinross Stock properly, considering its historical fundamentals such as Price To Sales. Since Kinross Gold'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 Kinross Gold'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 Kinross Gold's interrelated accounts and indicators.
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

Kinross Price To Sales Ratio

Price To Sales Ratio

1.66

At this time, Kinross Gold's Price To Sales Ratio is very stable compared to the past year.
Based on the latest financial disclosure, Kinross Gold Corp has a Price To Sales of 2.5451 times. This is 90.4% lower than that of the Metals & Mining sector and 97.83% lower than that of the Materials industry. The price to sales for all Canada stocks is 77.71% higher than that of the company.

Kinross Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kinross Gold'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 Kinross Gold could also be used in its relative valuation, which is a method of valuing Kinross Gold by comparing valuation metrics of similar companies.
Kinross Gold is currently under evaluation in price to sales category among related companies.

Kinross Fundamentals

About Kinross Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Kinross Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kinross Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kinross Gold Corp 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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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinross Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Kinross Stock, please use our How to Invest in Kinross Gold guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Kinross Gold's price analysis, check to measure Kinross Gold'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 Kinross Gold is operating at the current time. Most of Kinross Gold's value examination focuses on studying past and present price action to predict the probability of Kinross Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kinross Gold's price. Additionally, you may evaluate how the addition of Kinross Gold to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Kinross Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinross Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinross Gold'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.