ASE Price To Sales Ratio vs Ptb Ratio Analysis

ASX Stock  USD 16.86  0.76  4.72%   
ASE Industrial financial indicator trend analysis is way more than just evaluating ASE Industrial Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ASE Industrial Holding is a good investment. Please check the relationship between ASE Industrial Price To Sales Ratio and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASE Industrial Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Price To Sales Ratio vs Ptb Ratio

Price To Sales Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ASE Industrial Holding Price To Sales Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ASE Industrial's Price To Sales Ratio and Ptb Ratio is 0.98. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of ASE Industrial Holding, assuming nothing else is changed. The correlation between historical values of ASE Industrial's Price To Sales Ratio and Ptb 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 Price To Sales Ratio of ASE Industrial Holding are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Price To Sales Ratio i.e., ASE Industrial's Price To Sales Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Price To Sales Ratio

Price to Sales Ratio is figured by comparing ASE Industrial Holding stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on ASE Industrial sales, a figure that is much harder to manipulate than other ASE Industrial 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.

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.
Most indicators from ASE Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ASE Industrial 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 ASE Industrial Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At this time, ASE Industrial's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 9.6 B in 2026, whereas Enterprise Value Over EBITDA is likely to drop 7.04 in 2026.
 2023 2024 2025 2026 (projected)
Gross Profit85.7B93.5B107.5B112.9B
Total Revenue574.2B607.7B698.9B733.8B

ASE Industrial fundamental ratios Correlations

0.940.970.990.980.990.730.840.990.930.990.690.220.940.99-0.340.520.670.920.890.480.950.990.840.990.64
0.940.860.910.870.920.880.630.940.870.940.650.370.870.92-0.430.630.630.990.840.570.930.980.680.930.64
0.970.860.970.970.980.60.90.930.910.970.720.010.910.96-0.360.440.640.840.830.410.890.940.90.940.54
0.990.910.970.990.980.690.880.980.940.980.650.150.940.99-0.30.480.660.880.90.460.920.970.860.990.68
0.980.870.970.990.980.620.910.960.930.980.660.130.940.98-0.250.440.670.840.870.410.910.950.880.970.64
0.990.920.980.980.980.690.840.960.920.990.660.090.930.98-0.320.450.680.90.850.390.930.980.890.960.61
0.730.880.60.690.620.690.330.760.590.730.480.520.60.72-0.530.650.450.880.70.620.790.80.380.720.66
0.840.630.90.880.910.840.330.810.810.830.56-0.120.80.85-0.150.290.480.580.770.30.720.770.880.840.53
0.990.940.930.980.960.960.760.810.910.970.710.320.910.99-0.350.560.620.930.910.540.940.980.770.990.64
0.930.870.910.940.930.920.590.810.910.920.610.160.990.92-0.170.460.630.820.810.370.830.920.810.940.66
0.990.940.970.980.980.990.730.830.970.920.70.20.930.98-0.370.470.680.920.850.430.960.980.860.960.6
0.690.650.720.650.660.660.480.560.710.610.70.330.630.68-0.540.470.560.70.540.560.730.70.510.670.16
0.220.370.010.150.130.090.52-0.120.320.160.20.330.150.23-0.240.530.080.410.240.550.360.28-0.220.250.19
0.940.870.910.940.940.930.60.80.910.990.930.630.150.92-0.170.430.720.830.80.360.850.920.820.940.66
0.990.920.960.990.980.980.720.850.990.920.980.680.230.92-0.360.480.640.90.880.470.950.980.840.980.65
-0.34-0.43-0.36-0.3-0.25-0.32-0.53-0.15-0.35-0.17-0.37-0.54-0.24-0.17-0.36-0.28-0.07-0.5-0.19-0.4-0.54-0.4-0.27-0.29-0.07
0.520.630.440.480.440.450.650.290.560.460.470.470.530.430.48-0.280.10.650.640.90.490.570.080.580.4
0.670.630.640.660.670.680.450.480.620.630.680.560.080.720.64-0.070.10.580.510.170.670.640.590.630.46
0.920.990.840.880.840.90.880.580.930.820.920.70.410.830.9-0.50.650.580.810.590.920.960.640.90.54
0.890.840.830.90.870.850.70.770.910.810.850.540.240.80.88-0.190.640.510.810.670.780.880.590.940.71
0.480.570.410.460.410.390.620.30.540.370.430.560.550.360.47-0.40.90.170.590.670.490.530.030.560.41
0.950.930.890.920.910.930.790.720.940.830.960.730.360.850.95-0.540.490.670.920.780.490.950.780.910.59
0.990.980.940.970.950.980.80.770.980.920.980.70.280.920.98-0.40.570.640.960.880.530.950.780.980.64
0.840.680.90.860.880.890.380.880.770.810.860.51-0.220.820.84-0.270.080.590.640.590.030.780.780.780.47
0.990.930.940.990.970.960.720.840.990.940.960.670.250.940.98-0.290.580.630.90.940.560.910.980.780.7
0.640.640.540.680.640.610.660.530.640.660.60.160.190.660.65-0.070.40.460.540.710.410.590.640.470.7
Click cells to compare fundamentals

ASE Industrial Account Relationship Matchups

ASE Industrial fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets672.9B707.1B666.6B741.1B852.2B894.8B
Short Long Term Debt Total221.6B201.3B179.2B201.4B231.6B243.2B
Other Current Liab71.0B86.5B69.1B101.3B116.5B122.4B
Total Current Liabilities210.9B222.3B222.3B234.4B269.6B283.1B
Total Stockholder Equity260.1B301.3B297.8B320.0B368.0B386.4B
Property Plant And Equipment Net250.5B279.3B276.3B326.5B375.4B394.2B
Net Debt143.7B136.5B111.9B124.9B143.7B75.1B
Retained Earnings69.7B91.6B95.8B96.6B111.1B116.7B
Accounts Payable84.5B79.0B70.3B78.2B90.0B94.5B
Cash76.1B58.0B67.3B76.5B88.0B92.4B
Non Current Assets Total380.6B406.7B405.2B465.8B535.6B562.4B
Non Currrent Assets Other25.4B25.3B3.1B22.4B25.8B27.0B
Other Assets30.8B9.9B9.5B(86K)(98.9K)(94.0K)
Cash And Short Term Investments79.1B65.6B71.4B85.9B98.7B103.7B
Net Receivables115.5B114.6B121.1B122.7B141.1B148.1B
Common Stock Shares Outstanding4.4B4.3B2.2B2.2B2.5B2.4B
Short Term Investments3.1B7.6B4.1B9.4B10.8B11.3B
Liabilities And Stockholders Equity672.9B707.1B666.6B741.1B852.2B894.8B
Non Current Liabilities Total187.4B164.9B126.1B164.4B189.0B198.5B
Inventory73.2B92.8B63.3B61.2B70.4B73.9B
Other Current Assets24.5B27.3B5.6B5.5B6.4B6.3B
Other Stockholder Equity130.4B143.1B160.8B154.6B177.8B186.7B
Total Liab398.3B387.1B348.5B398.8B458.6B481.5B
Property Plant And Equipment Gross250.5B279.3B732.4B832.7B957.6B1.0T
Total Current Assets292.4B300.4B261.3B275.3B316.6B332.4B
Accumulated Other Comprehensive Income15.9B23.0B(2.5B)24.6B28.3B29.7B
Short Term Debt55.5B56.8B70.2B54.9B63.1B34.9B
Common Stock44.1B43.7B43.8B44.2B50.8B57.5B
Other Liab12.6B20.3B23.1B20.5B23.5B24.7B
Long Term Debt164.3B137.8B101.9B139.7B160.7B168.7B
Good Will52.1B52.3B51.7B652.7M750.7M713.1M
Intangible Assets76.0B72.8B17.8B67.6B77.7B81.6B
Property Plant Equipment250.5B301.0B276.3B324.4B373.0B391.7B
Net Tangible Assets122.4B137.7B184.1B221.2B254.4B150.1B
Long Term Investments23.3B22.9B29.5B41.5B47.7B25.0B
Short Long Term Debt139.9B56.8B69.1B53.9B62.0B65.0B
Long Term Debt Total166.1B144.5B109.0B146.6B168.5B119.7B

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