The Macroaxis Fundamental Analysis lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools
Price to Sales AnalysisPrice 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.
About Price to SalesThe most important factor to remember is that the price of equity takes a firm's debt into account, whereas the sales does not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Based on latest financial disclosure the price to sales indicator of ClaymoreDelta Global Shipping is roughly 0.83 times. This indicator is about the same for the Claymore Securities average (which is currently at 0.83) family, and about the same as Industrials (which currently averages 0.83) category, The Price to Sales for all etfs is 15.28% lower than the firm.
ClaymoreDelta Global Fundamental Drivers Relationships
ClaymoreDelta Global Shipping is rated below average in price to sales as compared to similar ETFs. It is rated below average in price to book as compared to similar ETFs fabricating about 1.1 of Price to Book per Price to Sales.