Globalstar Price to Earnings Ratio from 2010 to 2024

GSAT Stock  USD 1.48  0.08  5.13%   
Globalstar Price to Earnings Ratio yearly trend continues to be comparatively stable with very little volatility. Price to Earnings Ratio will likely drop to -99.55 in 2024. From the period from 2010 to 2024, Globalstar Price to Earnings Ratio quarterly data regression had mean square error of 1,283 and mean deviation of  27.40. At this time, Globalstar's Gross Profit is comparatively stable as compared to the past year. Interest Expense is likely to gain to about 15 M in 2024, whereas Cost of Revenue is likely to drop slightly above 67.6 M in 2024.
Check Globalstar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globalstar main balance sheet or income statement drivers, such as Direct Expenses of 52.3 M, Cost of Revenue of 67.6 M or Gross Profit of 166.5 M, as well as many exotic indicators such as Long Term Debt to Equity of 0.49, Calculated Tax Rate of 2.71 or PPandE Turnover of 0.24. Globalstar financial statements analysis is a perfect complement when working with Globalstar Valuation or Volatility modules.
  
This module can also supplement Globalstar's financial leverage analysis and stock options assessment as well as various Globalstar Technical models . Check out the analysis of Globalstar Correlation against competitors.
For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.

Globalstar Price to Earnings Ratio Breakdown

Showing smoothed Price to Earnings Ratio of Globalstar with missing and latest data points interpolated. An alternative to [PE] representing the ratio between [Price] and [EPSUSD]. Globalstar's Price to Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globalstar's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 11.22 X10 Years Trend
Slightly volatile
   Price to Earnings Ratio   
       Timeline  

Globalstar Price to Earnings Ratio Regression Statistics

Arithmetic Mean(18.59)
Coefficient Of Variation(215.33)
Mean Deviation27.40
Median(5.50)
Standard Deviation40.02
Sample Variance1,602
Range151.42
R-Value(0.51)
Mean Square Error1,283
R-Squared0.26
Significance0.05
Slope(4.53)
Total Sum of Squares22,424

Globalstar Price to Earnings Ratio History

2024 -99.55
2023 -97.0
2022 -9.5
2021 -19.33
2020 -4.84
2019 51.87
2018 -63.97
2017 -16.37
2016 -13.17
2015 20.57

About Globalstar Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Globalstar income statement, its balance sheet, and the statement of cash flows. Globalstar investors use historical funamental indicators, such as Globalstar's Price to Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Globalstar investors may use each financial statement separately, they are all related. The changes in Globalstar's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Globalstar'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 Globalstar Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Globalstar. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Price to Earnings Ratio(97.00)(99.55)
Earnings Before Interest Taxes and Depreciation Amortization EBITDA68.6 M74 M
Earnings before Tax-34.2 M-36.9 M

Globalstar Implied Volatility

    
  103.31  
Globalstar's implied volatility exposes the market's sentiment of Globalstar stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Globalstar's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Globalstar stock will not fluctuate a lot when Globalstar's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Globalstar in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Globalstar's short interest history, or implied volatility extrapolated from Globalstar options trading.

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When determining whether Globalstar is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Globalstar Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Globalstar Stock. Highlighted below are key reports to facilitate an investment decision about Globalstar Stock:
Check out the analysis of Globalstar Correlation against competitors.
For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.
Note that the Globalstar information on this page should be used as a complementary analysis to other Globalstar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Globalstar's price analysis, check to measure Globalstar'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 Globalstar is operating at the current time. Most of Globalstar's value examination focuses on studying past and present price action to predict the probability of Globalstar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalstar's price. Additionally, you may evaluate how the addition of Globalstar to your portfolios can decrease your overall portfolio volatility.
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Is Globalstar'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 Globalstar. If investors know Globalstar 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 Globalstar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.02)
Revenue Per Share
0.122
Quarterly Revenue Growth
0.269
Return On Assets
0.0001
Return On Equity
(0.07)
The market value of Globalstar is measured differently than its book value, which is the value of Globalstar that is recorded on the company's balance sheet. Investors also form their own opinion of Globalstar's value that differs from its market value or its book value, called intrinsic value, which is Globalstar'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 Globalstar's market value can be influenced by many factors that don't directly affect Globalstar'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 Globalstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globalstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globalstar'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.