NikolaCorp Price To Sales Ratio from 2010 to 2024
| NKLA Stock | USD 0.62 0.02 3.13% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 19.52807629 | Current Value 18.55 | Quarterly Volatility 14.6 K |
Check NikolaCorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NikolaCorp main balance sheet or income statement drivers, such as Interest Expense of 79.8 M, Income Tax Expense of 12.6 K or Tax Provision of 3.8 K, as well as many exotic indicators such as Price To Sales Ratio of 18.55, Dividend Yield of 0.0 or PTB Ratio of 0.92. NikolaCorp financial statements analysis is a perfect complement when working with NikolaCorp Valuation or Volatility modules.
NikolaCorp | Price To Sales Ratio |
Latest NikolaCorp's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of NikolaCorp over the last few years. Price to Sales Ratio is figured by comparing NikolaCorp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on NikolaCorp sales, a figure that is much harder to manipulate than other NikolaCorp 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. NikolaCorp's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NikolaCorp's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 26.10 X | 10 Years Trend |
|
Price To Sales Ratio |
| Timeline |
NikolaCorp Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 18,872 | |
| Geometric Mean | 5,157 | |
| Coefficient Of Variation | 77.46 | |
| Mean Deviation | 9,308 | |
| Median | 20,236 | |
| Standard Deviation | 14,617 | |
| Sample Variance | 213.7M | |
| Range | 53.8K | |
| R-Value | (0.23) | |
| Mean Square Error | 218.3M | |
| R-Squared | 0.05 | |
| Significance | 0.42 | |
| Slope | (741.13) | |
| Total Sum of Squares | 3B |
NikolaCorp Price To Sales Ratio History
About NikolaCorp Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include NikolaCorp income statement, its balance sheet, and the statement of cash flows. NikolaCorp investors use historical funamental indicators, such as NikolaCorp's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although NikolaCorp investors may use each financial statement separately, they are all related. The changes in NikolaCorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NikolaCorp'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 NikolaCorp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NikolaCorp. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 19.53 | 18.55 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out the analysis of NikolaCorp Correlation against competitors. For information on how to trade NikolaCorp Stock refer to our How to Trade NikolaCorp Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for NikolaCorp Stock analysis
When running NikolaCorp's price analysis, check to measure NikolaCorp'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 NikolaCorp is operating at the current time. Most of NikolaCorp's value examination focuses on studying past and present price action to predict the probability of NikolaCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NikolaCorp's price. Additionally, you may evaluate how the addition of NikolaCorp to your portfolios can decrease your overall portfolio volatility.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |
Is NikolaCorp'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 NikolaCorp. If investors know NikolaCorp 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 NikolaCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.21) | Revenue Per Share 0.045 | Quarterly Revenue Growth 0.757 | Return On Assets (0.31) | Return On Equity (1.39) |
The market value of NikolaCorp is measured differently than its book value, which is the value of NikolaCorp that is recorded on the company's balance sheet. Investors also form their own opinion of NikolaCorp's value that differs from its market value or its book value, called intrinsic value, which is NikolaCorp'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 NikolaCorp's market value can be influenced by many factors that don't directly affect NikolaCorp'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 NikolaCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if NikolaCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NikolaCorp'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.