Price to Sales ratio Analysis of Towne Bank - Deep Dive
Latest FY PS
Period Ending - Dec-23
Poor PS
2.77
Period Ending - Dec-22
Very Poor PS
4.14
Growth
-33.01 %
Trailing Twelve Months PS
Period Ending - Dec-23
Poor PS
2.62
PS Analysis of Towne Bank
PS Ratio of TOWN drastically fell by -33.01 % this year. |
PS Ratio with value of 4.14 was highest in Year Dec-22 in last Five Years. |
PS Ratio with value of 2.77 was lowest in Year Dec-23 in last Five Years. |
Latest PS Ratio with value of 2.77 is lower than Average PS of 3.20 in last five years. |
Other PS Related Info of TOWN that may interest you.
Towne Bank Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
TOWN | 26.41 | 26.09 | 1.23 % | Banks-Regional |
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 Towne Bank
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
PS | 2.77 | 4.14 | 2.82 | 2.89 | 3.38 | 3.53 | 3.67 |
Change | -33.01 % | 46.66 % | -2.18 % | -14.76 % | -4.16 % | -3.89 % | -8.87 % |
FY Chart of Price to Sales of Towne Bank
Note : All Data Generated at the End of Trading Hours (EOD Data)