Cal Price To Sales Ratio from 2010 to 2024
| CALM Stock | USD 56.85 0.05 0.09% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 1.16423447 | Current Value 0.64 | Quarterly Volatility 0.34195668 |
Check Cal Maine financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cal main balance sheet or income statement drivers, such as Depreciation And Amortization of 87.2 M, Interest Expense of 498.5 K or Selling General Administrative of 91.2 M, as well as many exotic indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0173 or PTB Ratio of 1.54. Cal financial statements analysis is a perfect complement when working with Cal Maine Valuation or Volatility modules.
Cal | Price To Sales Ratio |
Latest Cal Maine's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Cal Maine Foods over the last few years. Price to Sales Ratio is figured by comparing Cal Maine Foods stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Cal Maine sales, a figure that is much harder to manipulate than other Cal Maine Foods 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. Cal Maine's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cal Maine's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.25 X | 10 Years Trend |
|
Price To Sales Ratio |
| Timeline |
Cal Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 0.97 | |
| Geometric Mean | 0.90 | |
| Coefficient Of Variation | 35.18 | |
| Mean Deviation | 0.30 | |
| Median | 0.83 | |
| Standard Deviation | 0.34 | |
| Sample Variance | 0.12 | |
| Range | 1.0592 | |
| R-Value | (0.05) | |
| Mean Square Error | 0.13 | |
| R-Squared | 0 | |
| Significance | 0.86 | |
| Slope | (0) | |
| Total Sum of Squares | 1.64 |
Cal Price To Sales Ratio History
About Cal Maine Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Cal Maine income statement, its balance sheet, and the statement of cash flows. Cal Maine investors use historical funamental indicators, such as Cal Maine's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Cal Maine investors may use each financial statement separately, they are all related. The changes in Cal Maine's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cal Maine'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 Cal Maine Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cal Maine. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 1.16 | 0.64 |
Pair Trading with Cal Maine
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cal Maine position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cal Maine will appreciate offsetting losses from the drop in the long position's value.Moving together with Cal Stock
| 0.74 | BG | Bunge Limited | PairCorr |
Moving against Cal Stock
| 0.63 | FAMI | Farmmi Inc | PairCorr |
| 0.59 | BUD | Anheuser Busch Inbev Sell-off Trend | PairCorr |
| 0.56 | BON | Bon Natural Life | PairCorr |
| 0.55 | EDBL | Edible Garden AG | PairCorr |
| 0.45 | LW | Lamb Weston Holdings Financial Report 23rd of July 2024 | PairCorr |
The ability to find closely correlated positions to Cal Maine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cal Maine when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cal Maine - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cal Maine Foods to buy it.
The correlation of Cal Maine is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cal Maine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cal Maine Foods moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cal Maine can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Cal Maine Correlation against competitors. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Cal Stock analysis
When running Cal Maine's price analysis, check to measure Cal Maine's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cal Maine is operating at the current time. Most of Cal Maine's value examination focuses on studying past and present price action to predict the probability of Cal Maine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cal Maine's price. Additionally, you may evaluate how the addition of Cal Maine to your portfolios can decrease your overall portfolio volatility.
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Is Cal Maine's industry 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 Cal Maine. If investors know Cal 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 Cal Maine 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 (0.55) | Dividend Share 1.879 | Earnings Share 5.64 | Revenue Per Share 48.755 | Quarterly Revenue Growth (0.29) |
The market value of Cal Maine Foods is measured differently than its book value, which is the value of Cal that is recorded on the company's balance sheet. Investors also form their own opinion of Cal Maine's value that differs from its market value or its book value, called intrinsic value, which is Cal Maine'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 Cal Maine's market value can be influenced by many factors that don't directly affect Cal Maine'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 Cal Maine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cal Maine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cal Maine'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.