Predictiv Ai Inc Price/Sales
What is the Price/Sales of Predictiv Ai Inc?
The Price/Sales of Predictiv Ai Inc is 64.71
What is the definition of Price/Sales?
Price to sales ratio is a company’s stock price compared to its revenues.
ttm (trailing twelve months)
The price to sales ratio, Price/Sales ratio, P/S ratio, or PSR, is a valuation metric for stocks. It is calculated by dividing the company's market cap by the revenue in the most recent year. It can also be calculated by dividing the per-share stock price by per-share revenue. The price to sales ratio is for trailing twelve months so the reported sales are for the four previous quarters. Longer time periods can be examined at times.
A smaller price to sales ratio is usually thought to be a better investment since the investor is paying less for each unit of sales. However, sales do not reveal the whole picture, as the company may be unprofitable with a low P/S ratio. Because of the limitations, this ratio is usually used only for unprofitable companies, since they don't have a price to earnings ratio (P/E ratio). The metric can be used to determine the value of a stock relative to its past performance. It may also be used to determine relative valuation of a sector or the market as a whole.
Price to sales ratios vary greatly between sectors, so they are most useful in comparing similar stocks within a sector or sub-sector. Comparing P/S ratios carries the implicit assumption that all firms in the comparison have an identical capital structure.
Price/Sales of companies in the Technology sector on OTC compared to Predictiv Ai Inc
What does Predictiv Ai Inc do?
Predictiv AI Inc. provides software and solutions in the artificial intelligence and industrial IoT markets. The company offers real-time advanced artificial intelligence based predictive road condition weather analytics for government, insurance, agriculture, public safety, fleet management, and outdoor event industries. The company was formerly known as Internet of Things Inc. and changed its name to Predictiv AI Inc. in August 2020. Predictiv AI Inc. is headquartered in Toronto, Canada.
Companies with price/sales similar to Predictiv Ai Inc
- iShares Trust - iShares PHLX Semiconductor ETF has Price/Sales of 63.90
- 35908 has Price/Sales of 63.92
- Voleo Trading Systems Inc has Price/Sales of 64.13
- Valor Resources has Price/Sales of 64.26
- BlackRock New York Municipal Bond Trust has Price/Sales of 64.43
- Foresight Autonomous Ltd has Price/Sales of 64.46
- Predictiv Ai Inc has Price/Sales of 64.71
- ClearVue Technologies has Price/Sales of 65.22
- Nuveen S&P 500 Buy-Write Income Fund has Price/Sales of 65.26
- Huanxi Media has Price/Sales of 65.49
- Moxian (BVI) Inc has Price/Sales of 65.59
- Imricor Medical Systems has Price/Sales of 65.61
- Provention Bio has Price/Sales of 65.79