Alerus Price To Book Ratio from 2010 to 2024

ALRS Stock  USD 21.89  0.09  0.41%   
Alerus Financial Price To Book Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Book Ratio will likely drop to 1.03 in 2024. Price To Book Ratio is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
1.20840139
Current Value
1.03
Quarterly Volatility
0.20888368
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alerus Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alerus Financial's main balance sheet or income statement drivers, such as Interest Expense of 80.9 M, Selling General Administrative of 71.3 M or Total Revenue of 153.1 M, as well as many indicators such as Price To Sales Ratio of 1.43, Dividend Yield of 0.0202 or PTB Ratio of 1.03. Alerus financial statements analysis is a perfect complement when working with Alerus Financial Valuation or Volatility modules.
  
Check out the analysis of Alerus Financial Correlation against competitors.

Latest Alerus Financial's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Alerus Financial Corp over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. Alerus Financial's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alerus Financial's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Very volatile
   Price To Book Ratio   
       Timeline  

Alerus Price To Book Ratio Regression Statistics

Arithmetic Mean1.28
Geometric Mean1.26
Coefficient Of Variation16.36
Mean Deviation0.17
Median1.35
Standard Deviation0.21
Sample Variance0.04
Range0.7147
R-Value0.1
Mean Square Error0.05
R-Squared0.01
Significance0.73
Slope0
Total Sum of Squares0.61

Alerus Price To Book Ratio History

2024 1.03
2023 1.21
2022 1.22
2021 1.4
2020 1.42
2019 1.18
2018 1.35

About Alerus Financial Financial Statements

Alerus Financial shareholders use historical fundamental indicators, such as Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Alerus Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Alerus Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Alerus Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Book Ratio 1.21  1.03 

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Additional Tools for Alerus Stock Analysis

When running Alerus Financial's price analysis, check to measure Alerus Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alerus Financial is operating at the current time. Most of Alerus Financial's value examination focuses on studying past and present price action to predict the probability of Alerus Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alerus Financial's price. Additionally, you may evaluate how the addition of Alerus Financial to your portfolios can decrease your overall portfolio volatility.