Adtalem Price To Sales Ratio from 2010 to 2024
ATGE Stock | USD 64.14 0.87 1.38% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 1.22 | Current Value 2.09 | Quarterly Volatility 0.59796613 |
Check Adtalem Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Adtalem Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 182.7 M, Interest Expense of 76.3 M or Selling General Administrative of 363.9 M, as well as many indicators such as Price To Sales Ratio of 2.09, Dividend Yield of 0.006 or PTB Ratio of 1.15. Adtalem financial statements analysis is a perfect complement when working with Adtalem Global Valuation or Volatility modules.
Adtalem | Price To Sales Ratio |
Latest Adtalem Global's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Adtalem Global Education over the last few years. Price to Sales Ratio is figured by comparing Adtalem Global Education stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Adtalem Global sales, a figure that is much harder to manipulate than other Adtalem Global Education multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period. Adtalem Global's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Adtalem Global's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 1.21 X | 10 Years Trend |
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Price To Sales Ratio |
Timeline |
Adtalem Price To Sales Ratio Regression Statistics
Arithmetic Mean | 1.32 | |
Geometric Mean | 1.10 | |
Coefficient Of Variation | 45.16 | |
Mean Deviation | 0.44 | |
Median | 1.25 | |
Standard Deviation | 0.60 | |
Sample Variance | 0.36 | |
Range | 2.3283 | |
R-Value | 0.52 | |
Mean Square Error | 0.28 | |
R-Squared | 0.27 | |
Significance | 0.05 | |
Slope | 0.07 | |
Total Sum of Squares | 5.01 |
Adtalem Price To Sales Ratio History
About Adtalem Global Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Adtalem Global income statement, its balance sheet, and the statement of cash flows. Adtalem Global investors use historical funamental indicators, such as Adtalem Global's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Adtalem Global investors may use each financial statement separately, they are all related. The changes in Adtalem Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Adtalem Global's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Adtalem Global Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Adtalem Global. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Price To Sales Ratio | 1.22 | 2.09 |
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.Additional Information and Resources on Investing in Adtalem Stock
When determining whether Adtalem Global Education is a strong investment it is important to analyze Adtalem Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Adtalem Global's future performance. For an informed investment choice regarding Adtalem Stock, refer to the following important reports:Check out the analysis of Adtalem Global Correlation against competitors. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Adtalem Global. If investors know Adtalem will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Adtalem Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.08) | Earnings Share 2.66 | Revenue Per Share 37.708 | Quarterly Revenue Growth 0.118 | Return On Assets 0.0552 |
The market value of Adtalem Global Education is measured differently than its book value, which is the value of Adtalem that is recorded on the company's balance sheet. Investors also form their own opinion of Adtalem Global's value that differs from its market value or its book value, called intrinsic value, which is Adtalem Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Adtalem Global's market value can be influenced by many factors that don't directly affect Adtalem Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Adtalem Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Adtalem Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adtalem Global's 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.