Equity Screeners to view more equity screening toolsThe 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
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 SPDR SP 500 ETF is roughly 1.93 times. This is 55.65% higher than that of the Category family, and 27.67% higher than that of Large Blend category, The Price to Sales for all etfs is 168.06% lower than the firm.
SPDR SP 500 Fundamental Drivers Relationships
SPDR SP 500 ETF is rated below average in price to earning as compared to similar ETFs. It is rated second largest ETF in price to book as compared to similar ETFs fabricating about 0.15 of Price to Book per Price to Earning. The ratio of Price to Earning to Price to Book for SPDR SP 500 ETF is roughly 6.73