Forafric Ptb Ratio from 2010 to 2024

AFRI Stock  USD 10.16  0.19  1.84%   
Forafric Global's PTB Ratio is increasing with slightly volatile movements from year to year. PTB Ratio is estimated to finish at 13.11 this year. PTB Ratio is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on Forafric Global's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
12.48740047
Current Value
13.11
Quarterly Volatility
6.29409464
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forafric Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forafric Global's main balance sheet or income statement drivers, such as Interest Income of 35.1 K, Depreciation And Amortization of 6.1 M or Interest Expense of 11.7 M, as well as many indicators such as Price To Sales Ratio of 1.1, Dividend Yield of 0.0 or PTB Ratio of 13.11. Forafric financial statements analysis is a perfect complement when working with Forafric Global Valuation or Volatility modules.
  
Check out the analysis of Forafric Global Correlation against competitors.

Latest Forafric Global's Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Forafric Global PLC over the last few years. It is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value. Forafric Global's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forafric Global's overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Slightly volatile
   Ptb Ratio   
       Timeline  

Forafric Ptb Ratio Regression Statistics

Arithmetic Mean0.34
Geometric Mean4.57
Coefficient Of Variation1,862
Mean Deviation5.31
Median(3.64)
Standard Deviation6.29
Sample Variance39.62
Range16.7527
R-Value0.83
Mean Square Error13.44
R-Squared0.69
Significance0.0001
Slope1.16
Total Sum of Squares554.62

Forafric Ptb Ratio History

2024 13.11
2023 12.49
2022 7.76
2021 5.18
2020 2.96

About Forafric Global Financial Statements

Investors use fundamental indicators, such as Forafric Global's Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Forafric Global's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
PTB Ratio 12.49  13.11 

Currently Active Assets on Macroaxis

When determining whether Forafric Global PLC is a strong investment it is important to analyze Forafric Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Forafric Global's future performance. For an informed investment choice regarding Forafric Stock, refer to the following important reports:
Check out the analysis of Forafric Global Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forafric Global. If investors know Forafric will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forafric Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.47)
Revenue Per Share
11.365
Quarterly Revenue Growth
0.186
Return On Assets
0.0023
Return On Equity
(0.34)
The market value of Forafric Global PLC is measured differently than its book value, which is the value of Forafric that is recorded on the company's balance sheet. Investors also form their own opinion of Forafric Global's value that differs from its market value or its book value, called intrinsic value, which is Forafric Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forafric Global's market value can be influenced by many factors that don't directly affect Forafric Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forafric Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forafric Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forafric Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.