Purple Price To Sales Ratio from 2010 to 2024

PRPL Stock  USD 1.29  0.05  4.03%   
Purple Innovation Price To Sales Ratio yearly trend continues to be quite stable with very little volatility. The value of Price To Sales Ratio is projected to decrease to 0.20. 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
0.20901369
Current Value
0.2
Quarterly Volatility
0.47381035
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Purple Innovation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Purple main balance sheet or income statement drivers, such as Interest Expense of 2.3 M, Selling General Administrative of 88.7 M or Total Revenue of 372 M, as well as many exotic indicators such as Price To Sales Ratio of 0.2, Dividend Yield of 0.0015 or PTB Ratio of 0.97. Purple financial statements analysis is a perfect complement when working with Purple Innovation Valuation or Volatility modules.
  
This module can also supplement Purple Innovation's financial leverage analysis and stock options assessment as well as various Purple Innovation Technical models . Check out the analysis of Purple Innovation Correlation against competitors.
For more information on how to buy Purple Stock please use our How to buy in Purple Stock guide.

Latest Purple Innovation's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Purple Innovation over the last few years. Price to Sales Ratio is figured by comparing Purple Innovation stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Purple Innovation sales, a figure that is much harder to manipulate than other Purple Innovation 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. Purple Innovation's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Purple Innovation's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.35 X10 Years Trend
Pretty Stable
   Price To Sales Ratio   
       Timeline  

Purple Price To Sales Ratio Regression Statistics

Arithmetic Mean0.54
Geometric Mean0.43
Coefficient Of Variation87.86
Mean Deviation0.30
Median0.43
Standard Deviation0.47
Sample Variance0.22
Range1.8187
R-Value0.18
Mean Square Error0.23
R-Squared0.03
Significance0.51
Slope0.02
Total Sum of Squares3.14

Purple Price To Sales Ratio History

2023 0.21
2022 0.68
2021 1.2
2020 1.99
2019 0.2
2018 0.17

About Purple Innovation Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Purple Innovation income statement, its balance sheet, and the statement of cash flows. Purple Innovation investors use historical funamental indicators, such as Purple Innovation's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Purple Innovation investors may use each financial statement separately, they are all related. The changes in Purple Innovation's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Purple Innovation'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 Purple Innovation Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Purple Innovation. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.21  0.20 

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When determining whether Purple Innovation is a strong investment it is important to analyze Purple Innovation'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 Purple Innovation's future performance. For an informed investment choice regarding Purple Stock, refer to the following important reports:
Check out the analysis of Purple Innovation Correlation against competitors.
For more information on how to buy Purple Stock please use our How to buy in Purple Stock guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running Purple Innovation's price analysis, check to measure Purple Innovation'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 Purple Innovation is operating at the current time. Most of Purple Innovation's value examination focuses on studying past and present price action to predict the probability of Purple Innovation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Purple Innovation's price. Additionally, you may evaluate how the addition of Purple Innovation to your portfolios can decrease your overall portfolio volatility.
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Is Purple Innovation'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 Purple Innovation. If investors know Purple 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 Purple Innovation 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
(0.60)
Earnings Share
(1.38)
Revenue Per Share
4.965
Quarterly Revenue Growth
0.125
Return On Assets
(0.16)
The market value of Purple Innovation is measured differently than its book value, which is the value of Purple that is recorded on the company's balance sheet. Investors also form their own opinion of Purple Innovation's value that differs from its market value or its book value, called intrinsic value, which is Purple Innovation'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 Purple Innovation's market value can be influenced by many factors that don't directly affect Purple Innovation'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 Purple Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Purple Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Purple Innovation'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.