Price sales indicator (Historical) Formula in Excel

Get instant access to the historical price-to-sales ratio for a given company directly in Excel. The "Price sales indicator (Historical)" formula, provided by MarketXLS, helps evaluate a company's stock valuation by comparing its share price to its sales data over specific historical periods. This function is especially useful for fundamental analysis and identifying valuation trends.

Understanding Price sales indicator (Historical)

• The Price sales indicator (Historical) measures the ratio of a company's share price to its sales data from past periods.
• Use it to quickly compare how sales performance corresponds to share price movement over time.
• It is ideal for investors, analysts, or traders who need to evaluate valuation changes or track trends in a company's sales ratio.

? Pro Tip: Combine this ratio with other historical metrics (e.g., revenue, cost of revenue, gross profit) to get a comprehensive view of a company's financial health over time.

Syntax and Parameters

=hf_Price_Sales_Indicator(Symbol, Year, [Quarter], [TTM])

?? Note:
• If the symbol is invalid or the user license is not valid, this function returns "NA."
• The function may also return "NA" if the requested data does not exist for the specified period.

Return Value

• Returns a numeric value corresponding to the historical price-to-sales ratio.
• Returns "NA" (text) if the calculation fails or data is unavailable.

Special Cases and Limitations

• If data for the requested year and quarter is unavailable, the function returns "NA."
• Trailing twelve months ("TTM") data is derived by aggregating the last four available quarters.
• Historical data accuracy depends on data availability; some periods may not have all data points.

Performance Considerations

• Each function call retrieves data via MarketXLS APIs. Using many functions simultaneously may slow Excel recalculations.
• To optimize performance, limit the frequency of recalculations or consider storing data in cells for later reference.

Examples and Usage

Below are common ways to use the formula. Try them in your Excel sheet to get real-time updates.

1. Retrieve the price sales indicator from a specific year:

   =hf_Price_Sales_Indicator("MSFT", 2022)

   This returns the price-to-sales value for the year 2022.

2. Include a quarter for more granularity:

   =hf_Price_Sales_Indicator("MSFT", 2022, 2)

   Retrieves the ratio for the second quarter of 2022.

3. Fetch TTM data from a specific quarter and year:

   =hf_Price_Sales_Indicator("MSFT", 2022, 3, "TTM")

   Returns the trailing twelve months value ending with the third quarter of 2022.

4. Use relative keywords for flexible references:

   • Last Quarter (lq)

     =hf_Price_Sales_Indicator("MSFT", "lq")

   • Last Quarter - 1 (lq-1)

     =hf_Price_Sales_Indicator("MSFT", "lq-1")

   • Last Year (ly)

     =hf_Price_Sales_Indicator("MSFT", "ly")

   • Last Year - 1 (ly-1)

     =hf_Price_Sales_Indicator("MSFT", "ly-1")

   • Last 12 months (lt)

     =hf_Price_Sales_Indicator("MSFT", "lt")

   • Previous Last 12 months (lt-1)

     =hf_Price_Sales_Indicator("MSFT", "lt-1")

5. Date references in different formats:

   • Cell reference:

     =hf_Price_Sales_Indicator(A1, "2024")

   • Direct date string (not typical when referencing years, but conceptually possible):

     =hf_Price_Sales_Indicator("MSFT", "2024-03-15")

   • Using Excel date functions:

     =hf_Price_Sales_Indicator("MSFT", TEXT(A1,"yyyy"))

? Pro Tip: Combine the price sales indicator (historical) with other MarketXLS fundamental functions, such as Revenue (Historical) or Gross Profit (Historical), to gain deeper insights.

Common Questions

1. Why do I get "NA"?

   • Check if the symbol is valid or if your license supports fundamental data.
   • Ensure the requested period actually has reported data.

2. How frequently does the data update?

   • Historical fundamentals usually update quarterly or annually. Exact timelines depend on the data source and company reporting.

3. Can I compare multiple periods side by side?

   • Yes. Use multiple cells referencing different years/quarters:

     =hf_Price_Sales_Indicator("MSFT", 2021)
     =hf_Price_Sales_Indicator("MSFT", 2022)
     =hf_Price_Sales_Indicator("MSFT", "lq")

4. Is this ratio suitable for all industries?

   • The price-to-sales ratio is widely used, but industries with unique sales structures or cyclical revenue patterns may need additional analysis.

5. How do I handle large spreadsheets with many calls?

   • Use Excel’s manual calculation mode and refresh only when needed. Or store historical results in separate cells.

?? Note: Always verify data with official company filings or a trusted financial database for critical decisions.

Looking for more historical data analytics? Check out these related functions:

• Revenue (Historical)
• Cost Of Revenue (Historical)
• Gross Profit (Historical)
• R & D Expenses (Historical)
• Selling General and Administrative Expense (Historical)

This completes your guide to the Price sales indicator (Historical) formula in Excel with MarketXLS. Be sure to leverage it in tandem with other fundamental metrics to gain a robust perspective on a company’s long-term performance.