Allegheny Price To Sales Ratio vs Ptb Ratio Analysis

ATI Stock  USD 100.01  0.40  0.40%   
Allegheny Technologies financial indicator trend analysis is way more than just evaluating Allegheny Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allegheny Technologies is a good investment. Please check the relationship between Allegheny Technologies 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 Allegheny Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

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 Allegheny Technologies Price To Sales Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Allegheny Technologies' Price To Sales Ratio and Ptb Ratio is 0.72. 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 Allegheny Technologies Incorporated, assuming nothing else is changed. The correlation between historical values of Allegheny Technologies' 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 Allegheny Technologies Incorporated 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., Allegheny Technologies' Price To Sales Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Allegheny Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Allegheny Technologies sales, a figure that is much harder to manipulate than other Allegheny Technologies Incorporated 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 Allegheny Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allegheny Technologies 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 Allegheny Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
As of now, Allegheny Technologies' Enterprise Value is decreasing as compared to previous years.
 2022 2023 2024 2025 (projected)
Gross Profit714.2M802.6M913.5M470.3M
Total Revenue3.8B7.5B4.4B4.2B

Allegheny Technologies fundamental ratios Correlations

0.470.390.520.90.920.450.770.60.190.910.460.190.220.85-0.710.010.70.880.410.080.830.520.630.27-0.82
0.47-0.370.630.120.320.73-0.090.470.650.2-0.050.650.230.08-0.470.520.630.58-0.140.520.780.430.72-0.14-0.52
0.39-0.37-0.110.60.4-0.070.72-0.07-0.460.550.6-0.460.010.68-0.2-0.750.040.230.71-0.690.020.08-0.110.43-0.27
0.520.63-0.110.460.210.140.050.770.760.160.330.760.660.08-0.310.450.090.590.080.310.440.490.92-0.07-0.18
0.90.120.60.460.820.150.840.550.010.870.60.010.310.85-0.55-0.170.370.730.49-0.150.50.50.480.37-0.58
0.920.320.40.210.820.520.810.35-0.10.980.32-0.1-0.080.92-0.67-0.160.770.720.390.010.770.410.30.21-0.83
0.450.73-0.070.140.150.520.110.28-0.040.42-0.22-0.040.060.33-0.470.210.740.550.120.30.710.370.260.0-0.61
0.77-0.090.720.050.840.810.110.14-0.250.890.59-0.25-0.070.94-0.36-0.480.470.50.49-0.470.440.080.110.49-0.61
0.60.47-0.070.770.550.350.280.140.380.30.110.380.80.21-0.310.610.20.770.30.390.460.510.830.04-0.24
0.190.65-0.460.760.01-0.1-0.04-0.250.38-0.170.171.00.26-0.25-0.160.520.110.24-0.340.430.360.220.76-0.2-0.09
0.910.20.550.160.870.980.420.890.3-0.170.43-0.17-0.070.97-0.64-0.270.70.690.46-0.130.70.380.250.3-0.81
0.46-0.050.60.330.60.32-0.220.590.110.170.430.170.060.48-0.15-0.350.040.310.18-0.450.150.080.280.09-0.24
0.190.65-0.460.760.01-0.1-0.04-0.250.381.0-0.170.170.26-0.25-0.160.520.110.24-0.340.430.360.220.76-0.2-0.09
0.220.230.010.660.31-0.080.06-0.070.80.26-0.070.060.26-0.07-0.020.49-0.240.440.260.190.020.380.640.240.15
0.850.080.680.080.850.920.330.940.21-0.250.970.48-0.25-0.07-0.6-0.40.630.620.51-0.270.60.250.180.45-0.79
-0.71-0.47-0.2-0.31-0.55-0.67-0.47-0.36-0.31-0.16-0.64-0.15-0.16-0.02-0.6-0.03-0.67-0.68-0.15-0.44-0.72-0.68-0.46-0.140.83
0.010.52-0.750.45-0.17-0.160.21-0.480.610.52-0.27-0.350.520.49-0.4-0.030.10.27-0.360.730.240.250.54-0.30.07
0.70.630.040.090.370.770.740.470.20.110.70.040.11-0.240.63-0.670.10.660.130.270.930.240.330.09-0.92
0.880.580.230.590.730.720.550.50.770.240.690.310.240.440.62-0.680.270.660.360.270.810.540.770.22-0.74
0.41-0.140.710.080.490.390.120.490.3-0.340.460.18-0.340.260.51-0.15-0.360.130.36-0.320.180.150.090.18-0.2
0.080.52-0.690.31-0.150.010.3-0.470.390.43-0.13-0.450.430.19-0.27-0.440.730.270.27-0.320.350.490.42-0.39-0.16
0.830.780.020.440.50.770.710.440.460.360.70.150.360.020.6-0.720.240.930.810.180.350.390.630.06-0.89
0.520.430.080.490.50.410.370.080.510.220.380.080.220.380.25-0.680.250.240.540.150.490.390.51-0.13-0.33
0.630.72-0.110.920.480.30.260.110.830.760.250.280.760.640.18-0.460.540.330.770.090.420.630.510.07-0.39
0.27-0.140.43-0.070.370.210.00.490.04-0.20.30.09-0.20.240.45-0.14-0.30.090.220.18-0.390.06-0.130.07-0.28
-0.82-0.52-0.27-0.18-0.58-0.83-0.61-0.61-0.24-0.09-0.81-0.24-0.090.15-0.790.830.07-0.92-0.74-0.2-0.16-0.89-0.33-0.39-0.28
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Allegheny Technologies Account Relationship Matchups

Allegheny Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.0B4.3B4.4B5.0B5.2B4.6B
Short Long Term Debt Total1.6B1.8B1.7B2.2B1.9B1.2B
Other Current Liab233.1M233.4M219.8M256.8M249.6M297.5M
Total Current Liabilities653.3M856.4M963.9M977.1M1.2B775.6M
Total Stockholder Equity521.1M685.6M1.0B1.4B1.9B1.6B
Property Plant And Equipment Net1.5B1.5B1.5B1.7B1.8B1.8B
Net Debt921.9M1.2B1.2B1.4B1.2B822.7M
Retained Earnings106.5M72.7M(480.9M)(70.1M)64.3M61.1M
Accounts Payable290.6M375.5M553.3M524.8M609.1M390.2M
Cash645.9M687.7M584M743.9M721.2M400.0M
Non Current Assets Total2.0B2.0B2.0B2.2B2.3B2.6B
Non Currrent Assets Other171.1M156.2M192.9M354.3M236.9M316.7M
Cash And Short Term Investments645.9M687.7M584M743.9M721.2M400.0M
Net Receivables384.7M523.9M643.3M684.1M784.8M547.0M
Good Will525.8M240.7M227.9M227.2M261.3M386.1M
Common Stock Shares Outstanding126.5M127.1M151.2M150M146.8M119.5M
Liabilities And Stockholders Equity4.0B4.3B4.4B5.0B5.2B4.6B
Non Current Liabilities Total2.7B2.6B2.3B2.5B2.1B2.1B
Inventory997.1M1.0B1.2B1.2B1.4B1.0B
Other Current Assets38.3M48.8M53.4M62.2M86M67.7M
Other Stockholder Equity1.6B1.6B1.6B1.5B1.9B2.0B
Total Liab3.4B3.5B3.3B3.5B3.3B2.9B
Property Plant And Equipment Gross1.5B1.5B1.5B3.7B3.9B4.1B
Total Current Assets2.1B2.3B2.5B2.7B2.9B2.1B
Intangible Assets87.9M65.9M58.5M51.1M43.7M41.5M
Accumulated Other Comprehensive Income(1.2B)(991.7M)(67.4M)(83.2M)(89.5M)(94.0M)
Other Liab1.1B1.2B884.5M578.5M665.3M1.0B
Other Assets259.4M259M222.1M303.2M237.8M217.5M
Long Term Debt1.6B1.7B1.7B2.1B1.7B1.3B
Treasury Stock(30.6M)(18.2M)(4.8M)(87M)(100.1M)(105.1M)
Property Plant Equipment1.5B1.5B1.5B1.7B1.8B1.9B
Short Term Investments300M487.7M464.9M700K329.7M346.2M
Current Deferred Revenue111.8M116.2M149.1M163.6M169.4M133.0M
Net Tangible Assets1.6B280.4M457.7M818.7M736.8M1.1B
Noncontrolling Interest In Consolidated Entity103.1M120.3M147.1M111.3M128.0M115.1M
Retained Earnings Total Equity1.7B106.5M72.7M176.9M159.2M151.2M

Currently Active Assets on Macroaxis

When determining whether Allegheny Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Allegheny Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Allegheny Technologies Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Allegheny Technologies Incorporated Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegheny Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Metals & Mining space 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 Allegheny Technologies. If investors know Allegheny 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 Allegheny Technologies 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
0.362
Earnings Share
3.1
Revenue Per Share
32.701
Quarterly Revenue Growth
0.071
Return On Assets
0.0788
The market value of Allegheny Technologies is measured differently than its book value, which is the value of Allegheny that is recorded on the company's balance sheet. Investors also form their own opinion of Allegheny Technologies' value that differs from its market value or its book value, called intrinsic value, which is Allegheny Technologies' 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 Allegheny Technologies' market value can be influenced by many factors that don't directly affect Allegheny Technologies' 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 Allegheny Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegheny Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegheny Technologies' 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.