Price to Sales ratio Analysis of Unity Bancorp Inc - Deep Dive
Latest FY PS
Period Ending - Dec-23
Poor PS
2.60
Period Ending - Dec-22
Poor PS
2.82
Growth
-8.04 %
Trailing Twelve Months PS
Period Ending - Dec-23
Indecisive PS
2.01
PS Analysis of Unity Bancorp Inc
PS Ratio of UNTY has fallen by -8.04 % Compared to previous Financial Year. |
PS Ratio with value of 4.30 was highest in Year Dec-19 in last Five Years. |
PS Ratio of UNTY trending down for at least three Years. |
Latest PS Ratio with value of 2.60 is lower than Average PS of 3.31 in last five years. |
Other PS Related Info of UNTY that may interest you.
Unity Bancorp Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
UNTY | 25.76 | 26.33 | 2.16 % | 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 ..PS Related Ratios
PriceToBookRatio | PriceToEarningRatio | AssetTurnoverRatio |
Tsr Value Index
Excellent Value |
FY - Historical Price to Sales of Unity Bancorp Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
PS | 2.60 | 2.82 | 3.11 | 3.73 | 4.30 | 4.47 | 5.18 |
Change | -8.04 % | -9.20 % | -16.54 % | -13.35 % | -3.74 % | -13.70 % | -1.20 % |
FY Chart of Price to Sales of Unity Bancorp Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)