EPlus Ptb Ratio vs Price To Sales Ratio Analysis

PLUS Stock  USD 101.07  4.41  4.56%   
EPlus financial indicator trend analysis is much more than just examining ePlus inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ePlus inc is a good investment. Please check the relationship between EPlus Ptb Ratio and its Price To Sales Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ePlus inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Ptb Ratio vs Price To Sales Ratio

Ptb Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ePlus inc Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between EPlus' Ptb Ratio and Price To Sales Ratio is 0.72. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of ePlus inc, assuming nothing else is changed. The correlation between historical values of EPlus' Ptb Ratio and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of ePlus inc are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Ptb Ratio i.e., EPlus' Ptb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing ePlus inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on EPlus sales, a figure that is much harder to manipulate than other ePlus inc 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.
Most indicators from EPlus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ePlus inc 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 ePlus inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At this time, EPlus' Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 3.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.15 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit461.0M517.5M510.8M536.3M
Total Revenue1.8B2.1B2.2B2.3B

EPlus fundamental ratios Correlations

0.060.930.991.00.08-0.620.990.90.910.950.330.910.990.110.780.840.180.861.00.741.00.850.88-0.590.94
0.060.270.140.050.20.690.05-0.34-0.07-0.12-0.43-0.080.110.38-0.220.130.090.070.07-0.30.12-0.3-0.34-0.460.11
0.930.270.930.930.3-0.450.90.740.860.880.20.860.940.120.680.740.230.840.930.670.930.760.73-0.620.93
0.990.140.930.980.03-0.570.960.880.910.920.270.910.990.140.730.820.160.861.00.680.990.790.82-0.630.92
1.00.050.930.980.11-0.620.990.890.90.950.330.90.990.090.790.850.190.860.990.750.990.870.89-0.580.95
0.080.20.30.030.110.060.1-0.070.070.140.020.070.10.30.260.010.610.120.050.430.070.220.05-0.250.11
-0.620.69-0.45-0.57-0.620.06-0.62-0.88-0.77-0.74-0.66-0.78-0.590.17-0.67-0.380.0-0.51-0.62-0.76-0.58-0.73-0.790.05-0.52
0.990.050.90.960.990.1-0.620.890.890.940.380.890.990.120.80.80.140.770.970.760.980.850.88-0.560.93
0.9-0.340.740.880.89-0.07-0.880.890.910.920.50.920.880.020.80.680.10.740.910.790.880.860.92-0.380.79
0.91-0.070.860.910.90.07-0.770.890.910.910.511.00.910.090.710.630.080.760.920.780.910.730.78-0.480.81
0.95-0.120.880.920.950.14-0.740.940.920.910.380.920.950.10.790.660.080.780.940.770.920.880.86-0.550.93
0.33-0.430.20.270.330.02-0.660.380.50.510.380.520.330.020.580.13-0.190.110.320.570.320.270.430.140.18
0.91-0.080.860.910.90.07-0.780.890.921.00.920.520.910.10.710.630.080.760.920.790.90.740.78-0.480.81
0.990.110.940.990.990.1-0.590.990.880.910.950.330.910.150.770.790.150.820.990.730.990.820.84-0.610.94
0.110.380.120.140.090.30.170.120.020.090.10.020.10.150.1-0.020.23-0.020.130.070.11-0.03-0.14-0.73-0.05
0.78-0.220.680.730.790.26-0.670.80.80.710.790.580.710.770.10.630.270.60.770.790.760.820.85-0.30.7
0.840.130.740.820.850.01-0.380.80.680.630.660.130.630.79-0.020.630.350.860.820.550.860.750.81-0.440.77
0.180.090.230.160.190.610.00.140.10.080.08-0.190.080.150.230.270.350.310.170.450.20.330.23-0.310.07
0.860.070.840.860.860.12-0.510.770.740.760.780.110.760.82-0.020.60.860.310.860.590.870.790.77-0.530.84
1.00.070.931.00.990.05-0.620.970.910.920.940.320.920.990.130.770.820.170.860.720.990.830.86-0.590.92
0.74-0.30.670.680.750.43-0.760.760.790.780.770.570.790.730.070.790.550.450.590.720.720.790.81-0.30.62
1.00.120.930.990.990.07-0.580.980.880.910.920.320.90.990.110.760.860.20.870.990.720.820.86-0.590.92
0.85-0.30.760.790.870.22-0.730.850.860.730.880.270.740.82-0.030.820.750.330.790.830.790.820.95-0.410.84
0.88-0.340.730.820.890.05-0.790.880.920.780.860.430.780.84-0.140.850.810.230.770.860.810.860.95-0.270.81
-0.59-0.46-0.62-0.63-0.58-0.250.05-0.56-0.38-0.48-0.550.14-0.48-0.61-0.73-0.3-0.44-0.31-0.53-0.59-0.3-0.59-0.41-0.27-0.53
0.940.110.930.920.950.11-0.520.930.790.810.930.180.810.94-0.050.70.770.070.840.920.620.920.840.81-0.53
Click cells to compare fundamentals

EPlus Account Relationship Matchups

EPlus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets909.1M1.1B1.2B1.4B1.7B1.8B
Short Long Term Debt Total200.2M172.8M179.6M175.0M53.1M50.4M
Other Current Liab53.9M66.9M67.7M61.7M74.1M77.8M
Total Current Liabilities386.6M459.4M460.0M561.3M657.0M689.8M
Total Stockholder Equity486.1M562.4M660.7M782.3M901.8M946.9M
Property Plant And Equipment Net32.6M42.3M45.6M16.6M28.3M15.6M
Net Debt113.9M43.3M20.1M71.9M(199.9M)(189.9M)
Retained Earnings410.2M484.6M507.8M627.2M743.0M780.1M
Accounts Payable82.9M165.2M136.2M220.2M420.8M441.8M
Cash86.2M129.6M155.4M103.1M253.0M265.7M
Non Current Assets Total259.3M299.2M268.7M261.2M454.4M477.2M
Non Currrent Assets Other(13.1M)7.1M64.3M(4.7M)120.4M64.2M
Cash And Short Term Investments86.2M129.6M155.4M103.1M253.0M265.7M
Net Receivables481.7M538.9M540.5M649.5M794.1M833.8M
Common Stock Shares Outstanding26.8M26.8M26.9M26.7M26.7M24.7M
Liabilities And Stockholders Equity909.1M1.1B1.2B1.4B1.7B1.8B
Non Current Liabilities Total36.3M55.0M45.4M71.2M109.8M61.7M
Inventory50.3M70.0M155.1M243.3M139.7M146.7M
Other Current Assets9.3M11.0M13.9M55.1M27.3M17.1M
Other Stockholder Equity76.8M77.0M152.7M153.2M156.2M164.1M
Total Liab423.0M514.4M505.5M632.6M766.7M805.1M
Property Plant And Equipment Gross30.3M27.0M60.5M59.2M127.5M133.8M
Total Current Assets649.8M777.6M897.5M1.1B1.2B1.3B
Accumulated Other Comprehensive Income(991K)655K(124K)1.6M2.3M2.4M
Other Liab22.1M31.6M32.2M49.7M57.2M60.0M
Other Assets12.4M27.6M30.8M58.5M67.3M70.7M
Long Term Debt5.9M18.3M9.9M9.5M12.9M12.3M
Good Will118.1M126.6M126.5M136.1M161.5M169.6M
Common Stock Total Equity144K145K270K272K312.8K328.4K
Intangible Assets34.5M38.6M27.3M25.0M44.1M24.5M
Common Stock144K145K270K272K274K152.9K
Property Plant Equipment20.2M16.2M14.8M26.5M23.9M16.4M
Treasury Stock(68.4M)(75.4M)(6.7M)(14.1M)(12.7M)(13.3M)
Current Deferred Revenue55.5M72.8M86.5M114.0M134.6M141.3M
Short Term Debt194.3M154.5M169.7M165.4M27.5M26.1M
Net Tangible Assets333.6M397.2M660.7M782.3M899.6M944.6M
Capital Surpluse145.2M152.4M159.5M167.3M192.4M144.3M
Deferred Long Term Liab8.9M11.0M19.1M715K822.3K781.1K
Non Current Liabilities Other2.7M5.3M35.5M61.0M81.8M85.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for EPlus Stock Analysis

When running EPlus' price analysis, check to measure EPlus' 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 EPlus is operating at the current time. Most of EPlus' value examination focuses on studying past and present price action to predict the probability of EPlus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EPlus' price. Additionally, you may evaluate how the addition of EPlus to your portfolios can decrease your overall portfolio volatility.