China Ming Price to Sales Ratio Trend

MY -- USA Stock  

USD 2.44  0.00  0.00%

This module enables investors to look at China Ming various fundamental indicators over time in order to gain insight into the company future performance. Macroaxis historical fundamental analysis tools allow evaluation of not only typical financial statement drivers such as Consolidated Income of 277.5 M, Cost of Revenue of 6.7 B or Earning Before Interest and Taxes EBIT of 455.5 M, but also many exotic indicators such as Asset Turnover of 0.5494, Book Value per Share of 40.8694 or Current Ratio of 1.06. This module is a perfect complement to use when analyzing China Ming Valuation or Volatility. It can also complement various China Ming Technical models. Please see also analysis of China Ming Correlation with competitors.
Showing smoothed Price to Sales Ratio of China Ming Yang Wind Power Group Limited with missing and latest data points interpolated. Price to Sales Ratio is figured by comparing China Ming Yang stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on China Ming sales, a figure that is much harder to manipulate than other China Ming Yang Wind Power Group Limited multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. An alternative calculation method to [PS], that measures the ratio between a company's Adjusted Share Price and it's Sales per Share.
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0.37 times

          10 Years Trend
Decreasing
Slightly volatile
 Price to Sales Ratio 
      Timeline 

Regression Statistics

Arithmetic Mean  0.87
Geometric Mean  0.62
Coefficient Of Variation  80.36
Mean Deviation  0.65
Median  0.37
Standard Deviation  0.70
Sample Variance  0.49
Range  1.44
R Value (0.85)
Mean Square Error  0.15
R Squared  0.73
Significance  0.00021507
Slope (0.15)
Total Sum of Squares  5.92

China Ming Price to Sales Ratio Over Time

2016-12-31  0.28 
2017-12-31  0.28 
2018-12-31  0.37 

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Please see also analysis of China Ming Correlation with competitors. Please also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..