Home Depot Price to Sales Ratio Trend from 2010 to 2022

HD
 Stock
  

USD 314.61  0.28  0.09%   

Home Depot Price to Sales Ratio is increasing over the years with slightly volatile fluctuation. Price to Sales Ratio is expected to dwindle to 2.50. During the period from 2010 to 2022 Home Depot Price to Sales Ratio anual values regression line had geometric mean of 2.07 and mean square error of  0.02105.
  
Check Home Depot financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Home Depot main balance sheet or income statement drivers, such as Direct Expenses of 98.7 B, Consolidated Income of 15.4 B or Cost of Revenue of 98.7 B, as well as many exotic indicators such as Interest Coverage of 16.71, Long Term Debt to Equity of 10.54 or Calculated Tax Rate of 25.59. Home Depot financial statements analysis is a perfect complement when working with Home Depot Valuation or Volatility modules. It can also supplement Home Depot's financial leverage analysis and stock options assessment as well as various Home Depot Technical models . Please check the analysis of Home Depot Correlation against competitors.

Home Depot Quarterly Price to Sales Ratio

2.028

Home Depot Price to Sales Ratio Breakdown

Showing smoothed Price to Sales Ratio of Home Depot with missing and latest data points interpolated. Price to Sales Ratio is figured by comparing Home Depot stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Home Depot sales, a figure that is much harder to manipulate than other Home Depot multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. An alternative calculation method to [PS]; that measures the ratio between a company's [Price] and it's [SPS].Home Depot's Price to Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Home Depot's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.12 X10 Years Trend
Increasing
Slightly volatile
   Price to Sales Ratio   
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       Timeline  

Home Depot Price to Sales Ratio Regression Statistics

Arithmetic Mean 2.10
Geometric Mean 2.07
Coefficient Of Variation 17.33
Mean Deviation 0.32
Median 2.26
Standard Deviation 0.36
Sample Variance 0.13
Range 0.88
R-Value 0.92
Mean Square Error 0.02105
R-Squared 0.85
Significance 0.00000624
Slope 0.09
Total Sum of Squares 1.59

Home Depot Price to Sales Ratio History

2015 2.26
2020 2.56
2022 2.5

About Home Depot Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Home Depot income statement, its balance sheet, and the statement of cash flows. Home Depot investors use historical funamental indicators, such as Home Depot's Price to Sales Ratio, to determine how well the company is positioned to perform in the future. Although Home Depot investors may use each financial statement separately, they are all related. The changes in Home Depot's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Home Depot's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Home Depot Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Home Depot. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Price to Sales Ratio 2.56  2.50 
The Home Depot, Inc. operates as a home improvement retailer. The Home Depot, Inc. was incorporated in 1978 and is based in Atlanta, Georgia. Home Depot operates under Home Improvement Retail classification in the United States and is traded on New York Stock Exchange. It employs 500000 people.

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Please check the analysis of Home Depot Correlation against competitors. Note that the Home Depot information on this page should be used as a complementary analysis to other Home Depot'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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Home Depot price analysis, check to measure Home Depot'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 Home Depot is operating at the current time. Most of Home Depot's value examination focuses on studying past and present price action to predict the probability of Home Depot's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Home Depot's price. Additionally, you may evaluate how the addition of Home Depot to your portfolios can decrease your overall portfolio volatility.
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Is Home Depot's industry 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 Home Depot. If investors know Home Depot 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 Home Depot 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 YOY
0.06
Market Capitalization
323.3 B
Quarterly Revenue Growth YOY
0.038
Return On Assets
0.2
Return On Equity
0.85
The market value of Home Depot is measured differently than its book value, which is the value of Home Depot that is recorded on the company's balance sheet. Investors also form their own opinion of Home Depot's value that differs from its market value or its book value, called intrinsic value, which is Home Depot'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 Home Depot's market value can be influenced by many factors that don't directly affect Home Depot'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 Home Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine Home Depot value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home Depot'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.