Archrock Pb Ratio from 2010 to 2024

AROC Stock  USD 24.92  0.32  1.27%   
Archrock's PB Ratio is decreasing over the years with slightly volatile fluctuation. PB Ratio is expected to dwindle to 2.59. During the period from 2010 to 2024 Archrock PB Ratio annual values regression line had geometric mean of  1.42 and mean square error of  842.07. View All Fundamentals
 
PB Ratio  
First Reported
2010-12-31
Previous Quarter
2.72500939
Current Value
2.59
Quarterly Volatility
30.7354947
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Archrock financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Archrock's main balance sheet or income statement drivers, such as Depreciation And Amortization of 225.5 M, Interest Expense of 111.7 M or Selling General Administrative of 195.4 M, as well as many indicators such as Price To Sales Ratio of 4.14, Dividend Yield of 0.0433 or PTB Ratio of 2.59. Archrock financial statements analysis is a perfect complement when working with Archrock Valuation or Volatility modules.
  
Check out the analysis of Archrock Correlation against competitors.
For information on how to trade Archrock Stock refer to our How to Trade Archrock Stock guide.

Latest Archrock's Pb Ratio Growth Pattern

Below is the plot of the Pb Ratio of Archrock over the last few years. It is Archrock's PB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Archrock's overall financial position and show how it may be relating to other accounts over time.
Pb Ratio10 Years Trend
Slightly volatile
   Pb Ratio   
       Timeline  

Archrock Pb Ratio Regression Statistics

Arithmetic Mean9.15
Geometric Mean1.42
Coefficient Of Variation335.74
Mean Deviation14.81
Median1.27
Standard Deviation30.74
Sample Variance944.67
Range120
R-Value(0.42)
Mean Square Error842.07
R-Squared0.17
Significance0.12
Slope(2.85)
Total Sum of Squares13,225

Archrock Pb Ratio History

2024 2.59
2023 2.73
2022 1.6
2020 1.4
2018 0.97
2017 0.94
2016 1.27

About Archrock Financial Statements

Archrock stakeholders use historical fundamental indicators, such as Archrock's Pb Ratio, to determine how well the company is positioned to perform in the future. Although Archrock investors may analyze each financial statement separately, they are all interrelated. For example, changes in Archrock's assets and liabilities are reflected in the revenues and expenses on Archrock's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Archrock. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PB Ratio 2.73  2.59 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Archrock offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Archrock's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Archrock Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Archrock Stock:
Check out the analysis of Archrock Correlation against competitors.
For information on how to trade Archrock Stock refer to our How to Trade Archrock Stock guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Oil & Gas Equipment & Services 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 Archrock. If investors know Archrock 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 Archrock listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.127
Dividend Share
0.67
Earnings Share
0.91
Revenue Per Share
6.942
Quarterly Revenue Growth
0.153
The market value of Archrock is measured differently than its book value, which is the value of Archrock that is recorded on the company's balance sheet. Investors also form their own opinion of Archrock's value that differs from its market value or its book value, called intrinsic value, which is Archrock'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 Archrock's market value can be influenced by many factors that don't directly affect Archrock'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 Archrock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Archrock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Archrock'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.