Sirius Price To Sales Ratio vs Book Value Per Share Analysis
| SIRI Stock | USD 23.19 2.13 10.11% | 
Sirius XM financial indicator trend analysis is much more than just breaking down Sirius XM Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sirius XM Holding is a good investment. Please check the relationship between Sirius XM Price To Sales Ratio and its Book Value Per Share accounts. Check out  World Market Map to better understand how to build diversified portfolios,  which includes a position in Sirius XM 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 Book Value Per Share
Price To Sales Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of  Sirius XM Holding Price To Sales Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sirius XM's Price To Sales Ratio and Book Value Per Share is -0.05. Overlapping area represents the amount of variation of  Price To Sales Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Sirius XM Holding, assuming nothing else is changed. The correlation between historical values of Sirius XM's Price To Sales Ratio and Book Value Per Share 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 Sirius XM Holding are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The  correlation of zero (0) is possible when  Book Value Per Share has no effect on the direction of Price To Sales Ratio i.e., Sirius XM's Price To Sales Ratio and Book Value Per Share go up and down completely randomly.
| Correlation Coefficient | -0.05 | 
| Relationship Direction | Negative | 
| Relationship Strength | Insignificant | 
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Sirius XM Holding stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Sirius XM sales, a figure that is much harder to manipulate than other Sirius XM 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.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most indicators from Sirius XM's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sirius XM 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  World Market Map to better understand how to build diversified portfolios,  which includes a position in Sirius XM 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.                           The Sirius XM's current Tax Provision is estimated to increase to about 264 M, while Selling General Administrative  is projected to decrease to under 263.9 M. 
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 4.5B | 4.4B | 4.2B | 4.4B | Total Revenue | 9.0B | 9.0B | 8.7B | 9.1B | 
Sirius XM fundamental ratios Correlations
Click cells to compare fundamentals
Sirius XM Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sirius XM fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 10.3B | 10.3B | 10.0B | 10.4B | 27.5B | 28.9B | |
| Other Current Liab | 164M | 174M | 178M | 165M | 336M | 178.8M | |
| Total Current Liabilities | 3.2B | 3.0B | 3.0B | 3.2B | 2.7B | 1.7B | |
| Total Stockholder Equity | (2.3B) | (2.6B) | (3.4B) | (2.6B) | 11.1B | 11.6B | |
| Property Plant And Equipment Net | 2.1B | 1.8B | 1.8B | 2.0B | 2.1B | 1.3B | |
| Net Debt | 8.9B | 9.1B | 9.8B | 9.3B | 10.2B | 10.7B | |
| Retained Earnings | (2.3B) | (2.6B) | (3.4B) | (2.6B) | 11.1B | 11.7B | |
| Accounts Payable | 1.2B | 1.3B | 1.2B | 1.3B | 1.3B | 1.3B | |
| Cash | 71M | 191M | 57M | 216M | 162M | 267.9M | |
| Non Current Assets Total | 9.4B | 9.1B | 9.0B | 9.1B | 26.4B | 27.7B | |
| Non Currrent Assets Other | 405M | 415M | 312M | 338M | 9.3B | 9.7B | |
| Cash And Short Term Investments | 71M | 191M | 57M | 216M | 162M | 228.3M | |
| Common Stock Shares Outstanding | 442.9M | 414.3M | 399M | 388.8M | 338M | 322.0M | |
| Liabilities And Stockholders Equity | 10.3B | 10.3B | 10.0B | 10.4B | 27.5B | 28.9B | |
| Non Current Liabilities Total | 9.5B | 9.9B | 10.4B | 9.7B | 13.7B | 14.4B | |
| Other Stockholder Equity | (19M) | (8M) | (4M) | (5.3B) | (1M) | (950K) | |
| Total Liab | 12.6B | 12.9B | 13.4B | 12.9B | 16.4B | 17.3B | |
| Total Current Assets | 967M | 1.2B | 1.0B | 1.3B | 1.1B | 810.2M | |
| Other Current Assets | 20M | 21M | 326M | 346M | 311M | 326.6M | |
| Short Long Term Debt Total | 9.0B | 9.2B | 9.8B | 9.5B | 61M | 58.0M | |
| Property Plant And Equipment Gross | 2.1B | 1.8B | 1.8B | 5.3B | 5.7B | 6.0B | |
| Good Will | 3.8B | 3.1B | 3.2B | 3.2B | 12.4B | 13.0B | |
| Intangible Assets | 3.3B | 3.2B | 3.1B | 2.9B | 1.6B | 1.9B | |
| Current Deferred Revenue | 1.7B | 1.5B | 1.3B | 1.2B | 1.1B | 1.3B | |
| Other Liab | 294M | 533M | 725M | 816M | 938.4M | 985.3M | |
| Other Assets | 423M | 1.3B | 949M | 459M | 527.9M | 532.1M | |
| Long Term Debt | 8.5B | 8.8B | 9.3B | 8.7B | 10.3B | 10.8B | |
| Property Plant Equipment | 1.6B | 2.1B | 2.2B | 1.8B | 2.1B | 1.5B | |
| Net Receivables | 672M | 722M | 655M | 709M | 596M | 340.2M | |
| Inventory | 22.2M | 11M | 10M | 246M | 282.9M | 297.0M | |
| Net Tangible Assets | (8.0B) | (8.7B) | (9.0B) | (9.7B) | (8.7B) | (9.1B) | |
| Retained Earnings Total Equity | (1.1B) | (2.3B) | (2.6B) | (3.4B) | (3.9B) | (4.0B) | |
| Long Term Debt Total | 7.8B | 8.5B | 8.8B | 9.3B | 10.6B | 6.6B | 
Currently Active Assets on Macroaxis
| VOO | Vanguard SP 500 | |
| XLK | Technology Select Sector | |
| XLV | Health Care Select | |
| QQQ | Invesco QQQ Trust | |
| XLC | Communication Services Select | 
Check out  World Market Map to better understand how to build diversified portfolios,  which includes a position in Sirius XM 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.                           You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Cable & Satellite 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 Sirius XM. If investors know Sirius 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 Sirius XM 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 (0.24) | Dividend Share 1.076 | Earnings Share (5.48) | Revenue Per Share | Quarterly Revenue Growth (0.02) | 
The market value of Sirius XM Holding is measured differently than its book value, which is the value of Sirius that is recorded on the company's balance sheet. Investors also form their own opinion of Sirius XM's value that differs from its market value or its book value, called intrinsic value, which is Sirius XM'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 Sirius XM's market value can be influenced by many factors that don't directly affect Sirius XM'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 Sirius XM's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sirius XM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sirius XM'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.