Otis Price To Sales Ratio vs Ptb Ratio Analysis
| OTIS Stock | | | USD 90.17 2.59 2.79% |
Otis Worldwide financial indicator trend analysis is much more than just breaking down Otis Worldwide Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Otis Worldwide Corp is a good investment. Please check the relationship between Otis Worldwide Price To Sales Ratio and its Ptb Ratio accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Otis Worldwide Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
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
Otis Worldwide Corp Price To Sales Ratio account and
Ptb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Otis Worldwide's Price To Sales Ratio and Ptb Ratio is -0.9. 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 Otis Worldwide Corp, assuming nothing else is changed. The correlation between historical values of Otis Worldwide'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 Otis Worldwide Corp 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., Otis Worldwide's Price To Sales Ratio and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | -0.9 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Otis Worldwide Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Otis Worldwide sales, a figure that is much harder to manipulate than other Otis Worldwide Corp 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 Otis Worldwide's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Otis Worldwide Corp 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Otis Worldwide Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
At this time, Otis Worldwide's
Tax Provision is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 2
B in 2025, whereas
Enterprise Value Over EBITDA is likely to drop 11.86 in 2025.
Otis Worldwide fundamental ratios Correlations
Click cells to compare fundamentals
Otis Worldwide Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Otis Worldwide fundamental ratios Accounts
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Additional Tools for Otis Stock Analysis
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