Northrop Ev To Sales vs Ptb Ratio Analysis

NOC Stock  USD 585.66  15.45  2.71%   
Northrop Grumman financial indicator trend analysis is infinitely more than just investigating Northrop Grumman recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northrop Grumman is a good investment. Please check the relationship between Northrop Grumman Ev To Sales and its Ptb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrop Grumman. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.

Ev To Sales vs Ptb Ratio

Ev To Sales vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northrop Grumman Ev To Sales account and Ptb Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Northrop Grumman's Ev To Sales and Ptb Ratio is 0.71. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Northrop Grumman, assuming nothing else is changed. The correlation between historical values of Northrop Grumman's Ev To Sales 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 Ev To Sales of Northrop Grumman 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 Ev To Sales i.e., Northrop Grumman's Ev To Sales and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

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 Northrop Grumman's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northrop Grumman 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrop Grumman. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.At present, Northrop Grumman's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2023 2024 2025 2026 (projected)
Gross Profit39.3B8.4B9.6B5.4B
Total Revenue39.3B41.0B47.2B49.5B

Northrop Grumman fundamental ratios Correlations

0.950.90.960.890.930.90.830.350.990.890.350.96-0.050.90.720.60.130.980.920.570.950.24-0.720.090.47
0.950.840.90.750.90.920.70.40.920.820.40.94-0.270.930.630.5-0.040.970.910.610.910.32-0.610.090.39
0.90.840.960.910.970.880.730.210.90.920.210.89-0.180.680.770.60.320.840.810.370.880.12-0.4-0.240.56
0.960.90.960.930.970.90.830.250.970.970.250.93-0.10.770.80.520.190.910.840.580.960.13-0.57-0.10.58
0.890.750.910.930.880.750.880.250.890.910.250.840.10.620.770.590.380.780.80.380.870.01-0.59-0.210.52
0.930.90.970.970.880.950.730.140.950.920.140.95-0.290.760.740.560.20.890.80.470.940.23-0.46-0.170.56
0.90.920.880.90.750.950.590.020.930.820.020.97-0.390.820.620.540.110.90.720.510.920.46-0.46-0.020.45
0.830.70.730.830.880.730.590.450.80.870.450.690.220.620.760.4-0.020.740.780.510.78-0.26-0.76-0.030.57
0.350.40.210.250.250.140.020.450.20.251.00.150.210.410.240.09-0.210.370.670.290.2-0.33-0.420.170.0
0.990.920.90.970.890.950.930.80.20.90.20.97-0.070.870.730.570.160.960.840.580.970.29-0.690.080.51
0.890.820.920.970.910.920.820.870.250.90.250.83-0.070.650.840.410.130.820.770.590.9-0.05-0.51-0.190.66
0.350.40.210.250.250.140.020.451.00.20.250.150.210.410.240.09-0.210.370.670.290.2-0.33-0.420.170.0
0.960.940.890.930.840.950.970.690.150.970.830.15-0.230.870.640.60.190.950.820.490.960.43-0.60.040.42
-0.05-0.27-0.18-0.10.1-0.29-0.390.220.21-0.07-0.070.21-0.23-0.12-0.04-0.040.25-0.12-0.020.0-0.1-0.28-0.410.37-0.2
0.90.930.680.770.620.760.820.620.410.870.650.410.87-0.120.50.54-0.110.970.870.580.820.44-0.750.420.27
0.720.630.770.80.770.740.620.760.240.730.840.240.64-0.040.50.360.10.650.630.460.73-0.19-0.49-0.280.87
0.60.50.60.520.590.560.540.40.090.570.410.090.6-0.040.540.360.390.560.58-0.010.420.32-0.40.060.24
0.13-0.040.320.190.380.20.11-0.02-0.210.160.13-0.210.190.25-0.110.10.390.010.06-0.250.160.260.13-0.33-0.06
0.980.970.840.910.780.890.90.740.370.960.820.370.95-0.120.970.650.560.010.910.620.920.34-0.720.230.41
0.920.910.810.840.80.80.720.780.670.840.770.670.82-0.020.870.630.580.060.910.490.810.1-0.680.10.33
0.570.610.370.580.380.470.510.510.290.580.590.290.490.00.580.46-0.01-0.250.620.490.620.13-0.470.290.28
0.950.910.880.960.870.940.920.780.20.970.90.20.96-0.10.820.730.420.160.920.810.620.27-0.620.00.48
0.240.320.120.130.010.230.46-0.26-0.330.29-0.05-0.330.43-0.280.44-0.190.320.260.340.10.130.27-0.090.33-0.29
-0.72-0.61-0.4-0.57-0.59-0.46-0.46-0.76-0.42-0.69-0.51-0.42-0.6-0.41-0.75-0.49-0.40.13-0.72-0.68-0.47-0.62-0.09-0.49-0.3
0.090.09-0.24-0.1-0.21-0.17-0.02-0.030.170.08-0.190.170.040.370.42-0.280.06-0.330.230.10.290.00.33-0.49-0.3
0.470.390.560.580.520.560.450.570.00.510.660.00.42-0.20.270.870.24-0.060.410.330.280.48-0.29-0.3-0.3
Click cells to compare fundamentals

Northrop Grumman Account Relationship Matchups

Northrop Grumman fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets42.6B43.8B46.5B49.4B56.8B59.6B
Short Long Term Debt Total14.7B15B16.0B18.4B21.2B22.2B
Other Current Liab4.0B4.0B5.3B5.6B6.4B6.7B
Total Current Liabilities9.5B11.6B11.9B14.1B16.2B17.1B
Total Stockholder Equity12.9B15.3B14.8B15.3B17.6B18.5B
Property Plant And Equipment Net9.5B10.6B11.5B12.3B14.2B14.9B
Net Debt11.1B12.4B12.9B14.0B16.1B17.0B
Retained Earnings12.9B15.3B14.8B15.3B17.6B18.5B
Cash3.5B2.6B3.1B4.4B5.0B5.3B
Non Current Assets Total30.2B31.3B32.8B35.3B40.6B42.6B
Non Currrent Assets Other1.9B2.3B2.2B3.3B3.7B3.9B
Cash And Short Term Investments3.5B2.6B3.1B4.4B5.0B5.3B
Net Receivables7.0B7.5B7.1B7.2B8.3B8.7B
Common Stock Shares Outstanding160.9M155.6M152M147.3M169.4M208.8M
Liabilities And Stockholders Equity42.6B43.8B46.5B49.4B56.8B59.6B
Non Current Liabilities Total20.1B16.9B19.8B19.9B22.9B24.1B
Inventory811M978M1.1B1.5B1.7B985.7M
Other Current Assets1.1B1.4B2.3B1.3B1.5B1.0B
Other Stockholder Equity(143M)(153M)(128M)(152M)(136.8M)(130.0M)
Total Liab29.7B28.4B31.7B34.1B39.2B41.1B
Total Current Assets12.4B12.5B13.7B14.3B16.4B17.2B
Short Term Debt290M1.4B370M1.9B2.2B2.3B
Accounts Payable2.2B2.6B2.1B2.6B3.0B3.1B
Intangible Assets578M384M305M254M228.6M217.2M
Accumulated Other Comprehensive Income(128M)(143M)(153M)(152M)(136.8M)(143.6M)
Common Stock156M153M150M145M130.5M124.0M
Other Liab8.8B8.7B5.8B3.2B3.7B6.2B
Other Assets2.5B2.4B3.2B4.7B4.2B2.1B
Long Term Debt12.8B11.8B13.8B14.7B16.9B8.5B
Good Will17.5B17.5B17.5B17.5B20.1B15.2B
Property Plant Equipment7.9B8.8B11.5B12.3B14.2B14.9B
Current Deferred Revenue3.0B3.6B4.2B4.1B4.7B4.9B
Common Stock Total Equity168M167M156M153M137.7M130.8M
Property Plant And Equipment Gross16.4B17.9B19.4B21.0B24.2B25.4B
Net Tangible Assets(10.9B)(7.7B)12.3B(2.6B)(2.3B)(2.4B)
Retained Earnings Total Equity8.7B10.5B12.9B15.3B17.6B10.8B
Long Term Debt Total12.8B11.8B13.8B14.7B16.9B10.7B
Deferred Long Term Liab317M319M490M132M151.8M117.6M
Non Current Liabilities Other6.9B4.9B2.8B2.3B2.1B2.0B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Northrop Grumman offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northrop Grumman's 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 Northrop Grumman Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northrop Grumman Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrop Grumman. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Aerospace & Defense 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 Northrop Grumman. If investors know Northrop 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 Northrop Grumman 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
0.096
Dividend Share
8.74
Earnings Share
27.76
Revenue Per Share
283.779
Quarterly Revenue Growth
0.043
The market value of Northrop Grumman is measured differently than its book value, which is the value of Northrop that is recorded on the company's balance sheet. Investors also form their own opinion of Northrop Grumman's value that differs from its market value or its book value, called intrinsic value, which is Northrop Grumman'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 Northrop Grumman's market value can be influenced by many factors that don't directly affect Northrop Grumman'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 Northrop Grumman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrop Grumman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrop Grumman'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.