Lite Strategy (LITS) Price to Sales (2017 - 2024)
Lite Strategy's (LITS) Price to Sales stood at 0.30 in fiscal Q4 2024 (quarter ended Jun 30, 2024), down 66.9% from 0.90 a year earlier and down 25.6% from the prior quarter.
Lite Strategy (LITS) Price to Sales (2017 - 2024) Analysis & Trends
Starting with fiscal Q4 2017, Lite Strategy's Price to Sales history includes 29 quarters.
- Annual Price to Sales has declined for six straight fiscal years.
- Across earlier fiscal years, Price to Sales came in at 0.90 in FY2023 (-55.0%), 2.00 in FY2022 (-78.4%), 9.22 in FY2021 (-31.9%) and 13.55 in FY2020 (-63.8%).
- The fiscal Q4 2024 figure is the lowest quarterly Price to Sales in data going back to fiscal Q4 2017.
- On a year-over-year basis, Price to Sales rose in 1 of the last eight quarters, with an average decline of 57.8%.
- Peak year-over-year performance for Price to Sales in the last five years was growth of 56.2% in fiscal Q2 2022, against a decline of 94.9% in fiscal Q2 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.40 (Q3 2024), 0.53 (Q2 2024) and 0.44 (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,109.83 Bn | 1,078.42 Bn | 19.71 Bn |
| 2 | Johnson & Johnson | 610.61 Bn | 529.14 Bn | 17.26 Bn |
| 3 | AbbVie | 500.66 Bn | 473.77 Bn | 12.70 Bn |
| 4 | Merck | 354.64 Bn | 309.02 Bn | 12.21 Bn |
| 5 | Novartis Ag | 291.14 Bn | 255.13 Bn | 11.24 Bn |
| 6 | Astrazeneca | 254.18 Bn | 227.87 Bn | 12.86 Bn |
| 7 | Amgen | 229.46 Bn | 184.86 Bn | 7.24 Bn |
| 8 | Gilead Sciences | 190.33 Bn | 164.53 Bn | 6.22 Bn |
| 9 | Pfizer | 167.92 Bn | 114.57 Bn | 10.94 Bn |
| 10 | Lite Strategy | 40.09 Mn | 7.97 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 0.30 |
| Mar 31, 2024 | 0.40 |
| Dec 31, 2023 | 0.53 |
| Sep 30, 2023 | 0.44 |
| Jun 30, 2023 | 0.90 |
| Mar 31, 2023 | 0.52 |
| Dec 31, 2022 | 0.51 |
| Sep 30, 2022 | 1.25 |
| Jun 30, 2022 | 2.00 |
| Mar 31, 2022 | 2.17 |
| Dec 31, 2021 | 10.09 |
| Sep 30, 2021 | 8.66 |
| Jun 30, 2021 | 9.22 |
| Mar 31, 2021 | 7.31 |
| Dec 31, 2020 | 6.46 |
| Sep 30, 2020 | 10.21 |
| Jun 30, 2020 | 13.01 |
| Mar 31, 2020 | 37.61 |
| Dec 31, 2019 | 42.89 |
| Sep 30, 2019 | 22.16 |
Lite Strategy Price to Sales API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-sales&ticker=LITS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "ticker": "LITS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-sales&ticker=LITS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();