Patterson Price to Sales Ratio vs Gross Profit Analysis
PDCO Stock | USD 26.18 0.21 0.81% |
Patterson Companies financial indicator trend analysis is much more than just breaking down Patterson Companies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Patterson Companies is a good investment. Please check the relationship between Patterson Companies Price To Sales Ratio and its Gross Profit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patterson Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.
Price To Sales Ratio vs Gross Profit
Price to Sales Ratio vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Patterson Companies Price to Sales Ratio account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between Patterson Companies' Price to Sales Ratio and Gross Profit is -0.89. Overlapping area represents the amount of variation of Price to Sales Ratio that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Patterson Companies, assuming nothing else is changed. The correlation between historical values of Patterson Companies' Price to Sales Ratio and Gross Profit 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 Patterson Companies are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Price to Sales Ratio i.e., Patterson Companies' Price to Sales Ratio and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Patterson Companies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Patterson Companies sales, a figure that is much harder to manipulate than other Patterson Companies 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Patterson Companies minus its cost of goods sold. It is profit before Patterson Companies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Patterson Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Patterson Companies 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patterson Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.At this time, Patterson Companies' Enterprise Value Over EBITDA is very stable compared to the past year. As of the 25th of April 2024, Enterprise Value Multiple is likely to grow to 14.89, while Selling General Administrative is likely to drop about 748.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.4B | 1.6B | 875.2M | Total Revenue | 6.5B | 6.5B | 7.4B | 7.8B |
Patterson Companies fundamental ratios Correlations
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Patterson Companies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Patterson Companies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.7B | 2.8B | 2.7B | 2.9B | 3.3B | 1.9B | |
Short Long Term Debt Total | 668.3M | 721.9M | 590.2M | 628.0M | 722.2M | 482.2M | |
Other Current Liab | 182.1M | 294.4M | 237.4M | 295.9M | 340.3M | 357.4M | |
Total Current Liabilities | 1.1B | 1.1B | 1.0B | 1.1B | 1.2B | 1.3B | |
Total Stockholder Equity | 836.4M | 964.7M | 1.0B | 1.1B | 1.3B | 933.7M | |
Property Plant And Equipment Net | 382.7M | 296.7M | 283.9M | 305.2M | 351.0M | 368.6M | |
Net Debt | 590.4M | 578.6M | 448.2M | 468.3M | 538.6M | 565.5M | |
Retained Earnings | 799.7M | 855.7M | 921.7M | 972.1M | 1.1B | 917.8M | |
Accounts Payable | 862.1M | 609.3M | 681.3M | 725.0M | 833.7M | 875.4M | |
Cash | 77.9M | 143.2M | 142.0M | 159.7M | 183.6M | 186.4M | |
Non Current Assets Total | 1.2B | 1.1B | 1.1B | 1.1B | 1.3B | 882.3M | |
Non Currrent Assets Other | 337.6M | 89.9M | 246.3M | 123.3M | 141.8M | 148.9M | |
Cash And Short Term Investments | 77.9M | 143.2M | 142.0M | 159.7M | 183.6M | 192.8M | |
Net Receivables | 416.5M | 449.2M | 447.2M | 477.4M | 549.0M | 383.5M | |
Common Stock Shares Outstanding | 94.2M | 96.7M | 98.5M | 97.8M | 88.0M | 95.4M | |
Liabilities And Stockholders Equity | 2.7B | 2.8B | 2.7B | 2.9B | 3.3B | 1.9B | |
Non Current Liabilities Total | 804.0M | 697.2M | 683.3M | 675.3M | 776.6M | 489.9M | |
Inventory | 812.2M | 736.8M | 785.6M | 795.1M | 914.3M | 960.0M | |
Other Current Assets | 236.1M | 286.7M | 304.2M | 351.0M | 403.7M | 423.8M | |
Other Stockholder Equity | 132.9M | 170.6M | 201.5M | 233.7M | 268.8M | 282.2M | |
Total Liab | 1.9B | 1.8B | 1.7B | 1.8B | 2.0B | 2.1B | |
Property Plant And Equipment Gross | 382.7M | 296.7M | 283.9M | 305.2M | 351.0M | 368.6M | |
Total Current Assets | 1.5B | 1.6B | 1.7B | 1.8B | 2.1B | 2.2B | |
Accumulated Other Comprehensive Income | (97.0M) | (62.6M) | (81.5M) | (89.3M) | (80.3M) | (76.3M) | |
Short Term Debt | 30.7M | 186.0M | 58.3M | 109.4M | 125.8M | 111.5M | |
Good Will | 138.7M | 139.9M | 140.6M | 156.4M | 179.9M | 170.9M | |
Common Stock Total Equity | 953K | 959K | 968K | 964K | 1.1M | 1.0M | |
Intangible Assets | 313.5M | 279.6M | 252.6M | 231.9M | 266.7M | 277.6M | |
Common Stock | 953K | 959K | 968K | 964K | 1.1M | 1.0M | |
Other Liab | 153.3M | 161.3M | 141.4M | 156.7M | 180.2M | 97.2M | |
Other Assets | 337.4M | 419.4M | 226.4M | 242.5M | 278.8M | 207.8M | |
Property Plant Equipment | 303.7M | 219.4M | 213.1M | 212.3M | 244.1M | 196.5M | |
Current Deferred Revenue | 22.0M | 134.5M | 38.6M | (45M) | (40.5M) | (38.5M) | |
Long Term Debt | 587.8M | 487.5M | 488.6M | 451.2M | 518.9M | 649.2M | |
Net Tangible Assets | 381.9M | 543.6M | 648.4M | 729.2M | 838.6M | 447.3M | |
Noncontrolling Interest In Consolidated Entity | 2.3M | 1.5M | 959K | 1M | 900K | 855K | |
Retained Earnings Total Equity | 799.7M | 855.7M | 921.7M | 972.1M | 874.9M | 1.1B | |
Long Term Debt Total | 587.8M | 487.5M | 488.6M | 451.2M | 406.1M | 558.9M |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patterson Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.Note that the Patterson Companies information on this page should be used as a complementary analysis to other Patterson Companies' 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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When running Patterson Companies' price analysis, check to measure Patterson Companies' 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 Patterson Companies is operating at the current time. Most of Patterson Companies' value examination focuses on studying past and present price action to predict the probability of Patterson Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patterson Companies' price. Additionally, you may evaluate how the addition of Patterson Companies to your portfolios can decrease your overall portfolio volatility.
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Is Patterson Companies' 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 Patterson Companies. If investors know Patterson 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 Patterson Companies 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 (0.06) | Dividend Share 1.04 | Earnings Share 2.03 | Revenue Per Share 69.215 | Quarterly Revenue Growth 0.01 |
The market value of Patterson Companies is measured differently than its book value, which is the value of Patterson that is recorded on the company's balance sheet. Investors also form their own opinion of Patterson Companies' value that differs from its market value or its book value, called intrinsic value, which is Patterson Companies' 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 Patterson Companies' market value can be influenced by many factors that don't directly affect Patterson Companies' 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 Patterson Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patterson Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patterson Companies' 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.