Allegheny Ptb Ratio vs Price To Sales 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 Ptb Ratio and its Price To Sales 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.
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 Allegheny Technologies Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Allegheny Technologies' 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 Allegheny Technologies Incorporated, assuming nothing else is changed. The correlation between historical values of Allegheny Technologies' 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 Allegheny Technologies Incorporated 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., Allegheny Technologies' Ptb Ratio and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.72 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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 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.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 Profit | 714.2M | 802.6M | 913.5M | 470.3M | Total Revenue | 3.8B | 7.5B | 4.4B | 4.2B |
Allegheny Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Allegheny Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Allegheny Technologies fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 4.0B | 4.3B | 4.4B | 5.0B | 5.2B | 4.6B | |
| Short Long Term Debt Total | 1.6B | 1.8B | 1.7B | 2.2B | 1.9B | 1.2B | |
| Other Current Liab | 233.1M | 233.4M | 219.8M | 256.8M | 249.6M | 297.5M | |
| Total Current Liabilities | 653.3M | 856.4M | 963.9M | 977.1M | 1.2B | 775.6M | |
| Total Stockholder Equity | 521.1M | 685.6M | 1.0B | 1.4B | 1.9B | 1.6B | |
| Property Plant And Equipment Net | 1.5B | 1.5B | 1.5B | 1.7B | 1.8B | 1.8B | |
| Net Debt | 921.9M | 1.2B | 1.2B | 1.4B | 1.2B | 822.7M | |
| Retained Earnings | 106.5M | 72.7M | (480.9M) | (70.1M) | 64.3M | 61.1M | |
| Accounts Payable | 290.6M | 375.5M | 553.3M | 524.8M | 609.1M | 390.2M | |
| Cash | 645.9M | 687.7M | 584M | 743.9M | 721.2M | 400.0M | |
| Non Current Assets Total | 2.0B | 2.0B | 2.0B | 2.2B | 2.3B | 2.6B | |
| Non Currrent Assets Other | 171.1M | 156.2M | 192.9M | 354.3M | 236.9M | 316.7M | |
| Cash And Short Term Investments | 645.9M | 687.7M | 584M | 743.9M | 721.2M | 400.0M | |
| Net Receivables | 384.7M | 523.9M | 643.3M | 684.1M | 784.8M | 547.0M | |
| Good Will | 525.8M | 240.7M | 227.9M | 227.2M | 261.3M | 386.1M | |
| Common Stock Shares Outstanding | 126.5M | 127.1M | 151.2M | 150M | 146.8M | 119.5M | |
| Liabilities And Stockholders Equity | 4.0B | 4.3B | 4.4B | 5.0B | 5.2B | 4.6B | |
| Non Current Liabilities Total | 2.7B | 2.6B | 2.3B | 2.5B | 2.1B | 2.1B | |
| Inventory | 997.1M | 1.0B | 1.2B | 1.2B | 1.4B | 1.0B | |
| Other Current Assets | 38.3M | 48.8M | 53.4M | 62.2M | 86M | 67.7M | |
| Other Stockholder Equity | 1.6B | 1.6B | 1.6B | 1.5B | 1.9B | 2.0B | |
| Total Liab | 3.4B | 3.5B | 3.3B | 3.5B | 3.3B | 2.9B | |
| Property Plant And Equipment Gross | 1.5B | 1.5B | 1.5B | 3.7B | 3.9B | 4.1B | |
| Total Current Assets | 2.1B | 2.3B | 2.5B | 2.7B | 2.9B | 2.1B | |
| Intangible Assets | 87.9M | 65.9M | 58.5M | 51.1M | 43.7M | 41.5M | |
| Accumulated Other Comprehensive Income | (1.2B) | (991.7M) | (67.4M) | (83.2M) | (89.5M) | (94.0M) | |
| Other Liab | 1.1B | 1.2B | 884.5M | 578.5M | 665.3M | 1.0B | |
| Other Assets | 259.4M | 259M | 222.1M | 303.2M | 237.8M | 217.5M | |
| Long Term Debt | 1.6B | 1.7B | 1.7B | 2.1B | 1.7B | 1.3B | |
| Treasury Stock | (30.6M) | (18.2M) | (4.8M) | (87M) | (100.1M) | (105.1M) | |
| Property Plant Equipment | 1.5B | 1.5B | 1.5B | 1.7B | 1.8B | 1.9B | |
| Short Term Investments | 300M | 487.7M | 464.9M | 700K | 329.7M | 346.2M | |
| Current Deferred Revenue | 111.8M | 116.2M | 149.1M | 163.6M | 169.4M | 133.0M | |
| Net Tangible Assets | 1.6B | 280.4M | 457.7M | 818.7M | 736.8M | 1.1B | |
| Noncontrolling Interest In Consolidated Entity | 103.1M | 120.3M | 147.1M | 111.3M | 128.0M | 115.1M | |
| Retained Earnings Total Equity | 1.7B | 106.5M | 72.7M | 176.9M | 159.2M | 151.2M |
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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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 | Quarterly Revenue Growth 0.071 | Return On Assets |
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.