Chevron Price to Sales vs. Beta

CVX -- USA Stock  

USD 113.06  5.08  4.30%

The Drivers Module shows relationships between Chevron's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Chevron Corporation over time as well as its relative position and ranking within its peers. Check also Trending Equities

Chevron Beta vs. Price to Sales Fundamental Analysis

Chevron Corporation is rated fourth in price to sales category among related companies. It is rated fifth in beta category among related companies totaling about  0.66  of Beta per Price to Sales. The ratio of Price to Sales to Beta for Chevron Corporation is roughly  1.51 
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.
Chevron 
P/S 
 = 
MV Per Share 
Revenue Per Share 
=
1.57 times
The 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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of financial instrument to the financial market in which this instrument is traded. For example if Beta of equity is 2, it will be expected to significantly outperform market when market is going up and significantly underperform when market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns during over time.
Chevron 
Beta 
 = 
Covariance 
Variance 
=
1.04
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Chevron Beta Comparison

  Beta 
      Chevron Comparables 
Chevron is rated fourth in beta category among related companies.
Chevron is rated third in price to sales category among related companies.

Beta Analysis

Chevron returns are very sensitive to returns on the market. As market goes up or down, Chevron is expected to follow.
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