Ambow Price to Sales Ratio vs Book Value per Share Analysis

AMBO Stock  USD 1.74  0.01  0.58%   
Ambow Education financial indicator trend analysis is way more than just evaluating Ambow Education Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ambow Education Holding is a good investment. Please check the relationship between Ambow Education Price To Sales Ratio and its Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ambow Education Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Price To Sales Ratio vs Book Value Per Share

Price to Sales Ratio vs Book Value per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ambow Education Holding Price to Sales Ratio account and Book Value per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ambow Education's Price to Sales Ratio and Book Value per Share is 0.46. Overlapping area represents the amount of variation of Price to Sales Ratio that can explain the historical movement of Book Value per Share in the same time period over historical financial statements of Ambow Education Holding, assuming nothing else is changed. The correlation between historical values of Ambow Education's Price to Sales Ratio and Book Value per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price to Sales Ratio of Ambow Education Holding are associated (or correlated) with its Book Value per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value per Share has no effect on the direction of Price to Sales Ratio i.e., Ambow Education's Price to Sales Ratio and Book Value per Share go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Ambow Education Holding stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ambow Education sales, a figure that is much harder to manipulate than other Ambow Education Holding multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. 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.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Ambow Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ambow Education Holding current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ambow Education Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
As of the 23rd of April 2024, Tax Provision is likely to grow to 0.00, while Selling General Administrative is likely to drop about 42.8 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses239.9M60.3M54.3M51.6M
Cost Of Revenue339.6M102.9M92.6M88.0M

Ambow Education fundamental ratios Correlations

0.770.880.940.880.87-0.260.740.110.640.980.750.370.54-0.69-0.790.560.68-0.30.930.710.930.10.98-0.79-0.54
0.770.930.590.660.8-0.210.28-0.170.450.740.480.510.48-0.43-0.610.090.220.010.860.490.740.440.74-0.61-0.61
0.880.930.680.730.96-0.180.520.040.50.850.50.370.69-0.66-0.820.270.3-0.240.970.520.840.280.82-0.82-0.67
0.940.590.680.830.69-0.30.730.050.620.940.810.340.32-0.58-0.630.60.85-0.230.760.730.840.010.97-0.62-0.38
0.880.660.730.830.750.120.47-0.150.410.920.770.210.26-0.4-0.520.60.57-0.020.810.90.71-0.020.84-0.51-0.27
0.870.80.960.690.75-0.060.580.070.420.870.490.170.72-0.71-0.840.320.32-0.30.950.520.790.140.82-0.83-0.6
-0.26-0.21-0.18-0.30.12-0.06-0.56-0.61-0.81-0.1-0.13-0.77-0.410.50.47-0.25-0.490.56-0.230.11-0.54-0.21-0.260.490.66
0.740.280.520.730.470.58-0.560.70.780.640.490.340.67-0.85-0.850.720.71-0.80.650.350.84-0.110.68-0.85-0.57
0.11-0.170.040.05-0.150.07-0.610.70.6-0.05-0.060.30.6-0.63-0.570.520.24-0.930.16-0.170.39-0.15-0.02-0.58-0.46
0.640.450.50.620.410.42-0.810.780.60.510.460.820.6-0.73-0.720.70.73-0.610.630.410.820.080.57-0.74-0.72
0.980.740.850.940.920.87-0.10.64-0.050.510.770.250.44-0.6-0.70.520.66-0.170.90.760.840.080.98-0.69-0.41
0.750.480.50.810.770.49-0.130.49-0.060.460.770.350.09-0.23-0.390.580.72-0.050.60.580.640.130.77-0.39-0.21
0.370.510.370.340.210.17-0.770.340.30.820.250.350.31-0.37-0.390.370.47-0.250.430.260.570.350.33-0.42-0.62
0.540.480.690.320.260.72-0.410.670.60.60.440.090.31-0.87-0.90.360.17-0.710.710.110.660.140.41-0.91-0.73
-0.69-0.43-0.66-0.58-0.4-0.710.5-0.85-0.63-0.73-0.6-0.23-0.37-0.870.93-0.56-0.510.73-0.74-0.36-0.78-0.04-0.610.930.64
-0.79-0.61-0.82-0.63-0.52-0.840.47-0.85-0.57-0.72-0.7-0.39-0.39-0.90.93-0.51-0.440.71-0.87-0.32-0.89-0.09-0.71.00.78
0.560.090.270.60.60.32-0.250.720.520.70.520.580.370.36-0.56-0.510.75-0.520.490.650.58-0.240.47-0.52-0.2
0.680.220.30.850.570.32-0.490.710.240.730.660.720.470.17-0.51-0.440.75-0.310.460.610.65-0.110.72-0.44-0.24
-0.30.01-0.24-0.23-0.02-0.30.56-0.8-0.93-0.61-0.17-0.05-0.25-0.710.730.71-0.52-0.31-0.350.07-0.530.14-0.190.710.54
0.930.860.970.760.810.95-0.230.650.160.630.90.60.430.71-0.74-0.870.490.46-0.350.630.90.190.86-0.87-0.66
0.710.490.520.730.90.520.110.35-0.170.410.760.580.260.11-0.36-0.320.650.610.070.630.55-0.060.69-0.33-0.07
0.930.740.840.840.710.79-0.540.840.390.820.840.640.570.66-0.78-0.890.580.65-0.530.90.550.130.87-0.89-0.73
0.10.440.280.01-0.020.14-0.21-0.11-0.150.080.080.130.350.14-0.04-0.09-0.24-0.110.140.19-0.060.130.12-0.11-0.15
0.980.740.820.970.840.82-0.260.68-0.020.570.980.770.330.41-0.61-0.70.470.72-0.190.860.690.870.12-0.69-0.46
-0.79-0.61-0.82-0.62-0.51-0.830.49-0.85-0.58-0.74-0.69-0.39-0.42-0.910.931.0-0.52-0.440.71-0.87-0.33-0.89-0.11-0.690.8
-0.54-0.61-0.67-0.38-0.27-0.60.66-0.57-0.46-0.72-0.41-0.21-0.62-0.730.640.78-0.2-0.240.54-0.66-0.07-0.73-0.15-0.460.8
Click cells to compare fundamentals

Ambow Education Account Relationship Matchups

Ambow Education fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.0B970.2M176.0M158.4M150.5M
Other Current Liab366.0M396.8M410.4M29.4M26.5M25.1M
Total Current Liabilities609.0M643.6M603.2M82.1M73.9M70.2M
Total Stockholder Equity164.3M143.1M146.2M54.3M48.8M46.4M
Property Plant And Equipment Net426.6M398.0M330.7M49.6M44.6M42.4M
Current Deferred Revenue174.7M163.7M98.6M9.9K8.9K8.4K
Net Debt112.0M174.8M106.1M53.0M60.9M64.0M
Retained Earnings(3.4B)(3.4B)(3.4B)(3.5B)(3.2B)(3.3B)
Accounts Payable14.7M19.4M29.5M16.5M14.9M14.1M
Cash157.6M118.8M157.4M22.8M20.5M19.5M
Non Current Assets Total621.2M625.6M521.9M66.8M60.2M57.2M
Non Currrent Assets Other63.8M137.3M22.5M13.6M12.2M11.6M
Cash And Short Term Investments246.1M281.7M175.2M22.8M20.5M19.5M
Net Receivables112.6M24.0M117.6M13.7M12.3M11.7M
Common Stock Shares Outstanding21.8M22.2M23.3M24.7M28.4M29.9M
Liabilities And Stockholders Equity1.0B1.0B970.2M176.0M158.4M150.5M
Non Current Liabilities Total248.2M265.0M220.3M39.6M35.7M33.9M
Other Current Assets20.2M117.6M7.7M42.6M38.3M36.4M
Other Stockholder Equity3.5B3.5B3.5B3.6B4.1B2.8B
Total Liab857.2M908.6M823.5M121.7M109.6M104.1M
Total Current Assets399.6M424.1M448.3M109.1M98.2M93.3M
Accumulated Other Comprehensive Income26.5M16.3M15.1M9.0M8.1M7.7M
Short Term Debt53.5M63.7M64.8M36.2M41.6M39.5M
Intangible Assets58.4M56.5M30.0M3.7M3.3M3.2M
Common Stock820K884K885K993K1.1M1.2M
Other Assets62.7M19.1M79.3M143.7M165.2M173.5M
Property Plant Equipment168.4M165.9M421.3M398.0M457.6M480.5M
Short Long Term Debt Total269.6M293.6M263.5M75.8M68.2M127.9M
Other Liab9.7M2.3M32.2M35.1M31.5M16.6M
Short Term Investments117.2M88.5M162.9M17.8M20.4M19.4M
Inventory20.8M824K147.8M30.1M27.1M25.7M
Net Tangible Assets(4.5M)97.2M45.6M60.9M70.0M73.5M
Capital Lease Obligations269.6M274.0M247.6M54.9M63.2M103.4M
Long Term Investments1.8M2.4M1.9M1.7M2.0M1.2M

Pair Trading with Ambow Education

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 Ambow Education 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 Ambow Education will appreciate offsetting losses from the drop in the long position's value.

Moving against Ambow Stock

  0.52BTCTW BTC Digital Symbol ChangePairCorr
  0.46ZVOI Zovio IncPairCorr
  0.41EEIQ Elite Education GroupPairCorr
The ability to find closely correlated positions to Ambow Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ambow Education 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 Ambow Education - 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 Ambow Education Holding to buy it.
The correlation of Ambow Education 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 Ambow Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ambow Education Holding 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 Ambow Education 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.
Pair CorrelationCorrelation Matching
When determining whether Ambow Education Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ambow Education'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 Ambow Education Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ambow Education Holding Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ambow Education Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Ambow Education Holding information on this page should be used as a complementary analysis to other Ambow Education'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Ambow Stock analysis

When running Ambow Education's price analysis, check to measure Ambow Education'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 Ambow Education is operating at the current time. Most of Ambow Education's value examination focuses on studying past and present price action to predict the probability of Ambow Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ambow Education's price. Additionally, you may evaluate how the addition of Ambow Education to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Transaction History
View history of all your transactions and understand their impact on performance
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Fundamental Analysis
View fundamental data based on most recent published financial statements
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Is Ambow Education'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 Ambow Education. If investors know Ambow 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 Ambow Education 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
3.361
Earnings Share
(2.54)
Revenue Per Share
3.895
Quarterly Revenue Growth
(0.45)
Return On Assets
(0.05)
The market value of Ambow Education Holding is measured differently than its book value, which is the value of Ambow that is recorded on the company's balance sheet. Investors also form their own opinion of Ambow Education's value that differs from its market value or its book value, called intrinsic value, which is Ambow Education'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 Ambow Education's market value can be influenced by many factors that don't directly affect Ambow Education'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 Ambow Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ambow Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ambow Education'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.