L3HARRIS Price to Sales

L3HARRIS TECHNOLOGIES INC fundamentals help investors to digest information that contributes to L3HARRIS TECHNOLOGIES's financial success or failures. It also enables traders to predict the movement of L3HARRIS Stock. The fundamental analysis module provides a way to measure L3HARRIS TECHNOLOGIES's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to L3HARRIS TECHNOLOGIES stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

L3HARRIS Price to Sales Analysis

L3HARRIS TECHNOLOGIES's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
P/S 
 = 
MV Per Share 
Revenue Per Share 
More About Price to Sales | All Equity Analysis

Current L3HARRIS TECHNOLOGIES Price to Sales

    
  6.33 X  
Most of L3HARRIS TECHNOLOGIES's fundamental indicators, such as Price to Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, L3HARRIS TECHNOLOGIES INC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Compare to competition

Based on the latest financial disclosure, the price to sales indicator of L3HARRIS TECHNOLOGIES INC is roughly 6.33 times. This is 32.7% higher than that of the Technology sector and 190.37% higher than that of the Communication Equipment industry. The price to sales for all United States stocks is 44.57% higher than that of the company.

L3HARRIS Price to Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses L3HARRIS TECHNOLOGIES's direct or indirect competition against its Price to Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of L3HARRIS TECHNOLOGIES could also be used in its relative valuation, which is a method of valuing L3HARRIS TECHNOLOGIES by comparing valuation metrics of similar companies.
L3HARRIS TECHNOLOGIES is currently under evaluation in price to sales category among related companies.

L3HARRIS Fundamentals

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Our tools can tell you how much better you can do entering a position in L3HARRIS TECHNOLOGIES without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as L3HARRIS TECHNOLOGIES INC using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Check out Risk vs Return Analysis. Note that the L3HARRIS TECHNOLOGIES INC information on this page should be used as a complementary analysis to other L3HARRIS TECHNOLOGIES's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Other Tools for L3HARRIS Stock

When running L3HARRIS TECHNOLOGIES INC price analysis, check to measure L3HARRIS TECHNOLOGIES's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy L3HARRIS TECHNOLOGIES is operating at the current time. Most of L3HARRIS TECHNOLOGIES's value examination focuses on studying past and present price action to predict the probability of L3HARRIS TECHNOLOGIES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move L3HARRIS TECHNOLOGIES's price. Additionally, you may evaluate how the addition of L3HARRIS TECHNOLOGIES to your portfolios can decrease your overall portfolio volatility.
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