Tex Ray Industrial Co Stock Price To Sales

1467 Stock  TWD 12.30  0.20  1.65%   
Tex Ray Industrial Co fundamentals help investors to digest information that contributes to Tex Ray's financial success or failures. It also enables traders to predict the movement of Tex Stock. The fundamental analysis module provides a way to measure Tex Ray's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tex Ray stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Tex Ray Industrial Co Company Price To Sales Analysis

Tex Ray's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Tex Ray Price To Sales

    
  0.41 X  
Most of Tex Ray's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tex Ray Industrial Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition

Based on the latest financial disclosure, Tex Ray Industrial Co has a Price To Sales of 0.4088 times. This is 99.36% lower than that of the Textiles, Apparel & Luxury Goods sector and 76.64% lower than that of the Consumer Discretionary industry. The price to sales for all Taiwan stocks is 96.42% higher than that of the company.

Tex Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tex Ray's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tex Ray could also be used in its relative valuation, which is a method of valuing Tex Ray by comparing valuation metrics of similar companies.
Tex Ray is currently under evaluation in price to sales category among related companies.

Tex Fundamentals

About Tex Ray Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tex Ray Industrial Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tex Ray using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tex Ray Industrial Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tex Ray in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tex Ray's short interest history, or implied volatility extrapolated from Tex Ray options trading.

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.
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tex Ray Industrial Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Tex Stock analysis

When running Tex Ray's price analysis, check to measure Tex Ray'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 Tex Ray is operating at the current time. Most of Tex Ray's value examination focuses on studying past and present price action to predict the probability of Tex Ray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tex Ray's price. Additionally, you may evaluate how the addition of Tex Ray to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Tex Ray's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tex Ray is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tex Ray'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.