Qantas Airways Ltd Stock Price To Sales

QABSY Stock  USD 20.46  0.02  0.1%   
Qantas Airways Ltd fundamentals help investors to digest information that contributes to Qantas Airways' financial success or failures. It also enables traders to predict the movement of Qantas Pink Sheet. The fundamental analysis module provides a way to measure Qantas Airways' 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 Qantas Airways pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Qantas Airways Ltd Company Price To Sales Analysis

Qantas Airways' 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 Qantas Airways Price To Sales

    
  0.80 X  
Most of Qantas Airways' 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, Qantas Airways Ltd 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.
Competition

Based on the latest financial disclosure, Qantas Airways Ltd has a Price To Sales of 0.8043 times. This is 97.1% lower than that of the Industrials sector and 4.45% higher than that of the Airlines industry. The price to sales for all United States stocks is 92.96% higher than that of the company.

Qantas Price To Sales Peer Comparison

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

Qantas Fundamentals

About Qantas Airways Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Qantas Airways Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Qantas Airways using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Qantas Airways Ltd 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qantas Airways Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Qantas Pink Sheet analysis

When running Qantas Airways' price analysis, check to measure Qantas Airways' 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 Qantas Airways is operating at the current time. Most of Qantas Airways' value examination focuses on studying past and present price action to predict the probability of Qantas Airways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qantas Airways' price. Additionally, you may evaluate how the addition of Qantas Airways to your portfolios can decrease your overall portfolio volatility.
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Please note, there is a significant difference between Qantas Airways' value and its price as these two are different measures arrived at by different means. Investors typically determine if Qantas Airways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qantas Airways' 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.