MIND Price To Sales Ratio from 2010 to 2024

MNDO Stock  USD 1.87  0.01  0.53%   
MIND CTI Price To Sales Ratio yearly trend continues to be very stable with very little volatility. Price To Sales Ratio is likely to drop to 1.74. Price To Sales Ratio 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. View All Fundamentals
 
Price To Sales Ratio  
First Reported
2010-12-31
Previous Quarter
1.82858967
Current Value
1.74
Quarterly Volatility
4.06331955
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MIND CTI financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MIND main balance sheet or income statement drivers, such as Depreciation And Amortization of 381.5 K, Interest Expense of 25.6 K or Total Revenue of 20.2 M, as well as many exotic indicators such as Price To Sales Ratio of 1.74, Dividend Yield of 0.1 or PTB Ratio of 3.17. MIND financial statements analysis is a perfect complement when working with MIND CTI Valuation or Volatility modules.
  
This module can also supplement MIND CTI's financial leverage analysis and stock options assessment as well as various MIND CTI Technical models . Check out the analysis of MIND CTI Correlation against competitors.
To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.

Latest MIND CTI's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of MIND CTI over the last few years. Price to Sales Ratio is figured by comparing MIND CTI stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on MIND CTI sales, a figure that is much harder to manipulate than other MIND CTI 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. MIND CTI's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MIND CTI's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.79 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

MIND Price To Sales Ratio Regression Statistics

Arithmetic Mean3.27
Geometric Mean2.53
Coefficient Of Variation124.10
Mean Deviation1.95
Median2.21
Standard Deviation4.06
Sample Variance16.51
Range16.1553
R-Value(0.45)
Mean Square Error14.19
R-Squared0.20
Significance0.09
Slope(0.41)
Total Sum of Squares231.15

MIND Price To Sales Ratio History

2024 1.74
2022 1.96
2021 2.36
2020 2.21
2019 2.1
2018 2.43
2017 2.94

About MIND CTI Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include MIND CTI income statement, its balance sheet, and the statement of cash flows. MIND CTI investors use historical funamental indicators, such as MIND CTI's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although MIND CTI investors may use each financial statement separately, they are all related. The changes in MIND CTI's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MIND CTI'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 MIND CTI Financial Statements. Understanding these patterns can help to make the right decision on long term investment in MIND CTI. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 1.83  1.74 

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When determining whether MIND CTI offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MIND CTI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mind Cti Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mind Cti Stock:
Check out the analysis of MIND CTI Correlation against competitors.
To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.
Note that the MIND CTI information on this page should be used as a complementary analysis to other MIND CTI'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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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When running MIND CTI's price analysis, check to measure MIND CTI'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 MIND CTI is operating at the current time. Most of MIND CTI's value examination focuses on studying past and present price action to predict the probability of MIND CTI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MIND CTI's price. Additionally, you may evaluate how the addition of MIND CTI to your portfolios can decrease your overall portfolio volatility.
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Is MIND CTI'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 MIND CTI. If investors know MIND 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 MIND CTI 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
0.165
Dividend Share
0.24
Earnings Share
0.25
Revenue Per Share
1.072
Quarterly Revenue Growth
0.045
The market value of MIND CTI is measured differently than its book value, which is the value of MIND that is recorded on the company's balance sheet. Investors also form their own opinion of MIND CTI's value that differs from its market value or its book value, called intrinsic value, which is MIND CTI'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 MIND CTI's market value can be influenced by many factors that don't directly affect MIND CTI'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 MIND CTI's value and its price as these two are different measures arrived at by different means. Investors typically determine if MIND CTI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MIND CTI'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.