Price to Sales ratio Analysis of Cleveland-Cliffs Inc - Deep Dive
Latest FY PS
Period Ending - Dec-23
Excellent PS
0.347
Period Ending - Dec-22
Excellent PS
0.362
Growth
-3.90 %
Trailing Twelve Months PS
Period Ending - Dec-23
Excellent PS
0.341
PS Analysis of Cleveland-Cliffs Inc
P/S Ratio 0.341 of Cleveland-Cliffs Inc indicates that stock price is low compared to sales of the company and may be undervalued. |
PS Ratio of CLF has fallen by -3.90 % Compared to previous Financial Year. |
PS Ratio with value of 2.13 was highest in Year Dec-19 in last Five Years. |
PS Ratio of CLF trending down for at least three Years. |
Latest PS Ratio with value of 0.347 is lower than Average PS of 0.860 in last five years. |
Other PS Related Info of CLF that may interest you.
Cleveland-Cliffs Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CLF | 14.91 | 14.86 | 0.336 % | Steel |
Defination of Price to Sales
The Price to Sales Ratio indicates how much investors are willing to pay for each rupee of sales generated by a company. Price-to-Sales Ratio is used to determine whether a stock is currently profitable or less profitable, which is helpful for better investment decisions. more ..![Price to Sales Formula Price to Sales Formula](https://my.stockaio.com/help/template/FinDef/ValuationRatios/PriceToSales.jpg)
PS Related Ratios
PriceToBookRatio | PriceToEarningRatio | AssetTurnoverRatio |
Tsr Value Index
Good Value |
FY - Historical Price to Sales of Cleveland-Cliffs Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
PS | 0.347 | 0.362 | 0.407 | 1.05 | 2.13 | 1.94 | 1.87 |
Change | -3.90 % | -11.07 % | -61.45 % | -50.53 % | 9.63 % | 3.72 % | 32.48 % |
FY Chart of Price to Sales of Cleveland-Cliffs Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)