Asset Ptb Ratio from 2010 to 2024

ASST Stock   0.64  0.02  3.23%   
Asset Entities PTB Ratio yearly trend continues to be comparatively stable with very little volatility. PTB Ratio will likely drop to 2.82 in 2024. 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 Asset Entities' equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
2.97366885
Current Value
2.82
Quarterly Volatility
4.7 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Asset Entities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Asset Entities' main balance sheet or income statement drivers, such as Depreciation And Amortization of 697, Selling General Administrative of 2.5 M or Selling And Marketing Expenses of 3.7 M, as well as many indicators such as Price To Sales Ratio of 29.8, Dividend Yield of 0.0 or PTB Ratio of 2.82. Asset financial statements analysis is a perfect complement when working with Asset Entities Valuation or Volatility modules.
  
Check out the analysis of Asset Entities Correlation against competitors.

Latest Asset Entities' Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Asset Entities Class 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. Asset Entities' PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Asset Entities' overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Slightly volatile
   Ptb Ratio   
       Timeline  

Asset Ptb Ratio Regression Statistics

Arithmetic Mean7,846
Geometric Mean2,320
Coefficient Of Variation60.38
Mean Deviation4,045
Median10,604
Standard Deviation4,738
Sample Variance22.4M
Range10.6K
R-Value(0.77)
Mean Square Error9.8M
R-Squared0.60
Significance0.0008
Slope(817.36)
Total Sum of Squares314.2M

Asset Ptb Ratio History

2024 2.82
2023 2.97
2022 236.6
2021 803.88

About Asset Entities Financial Statements

Asset Entities shareholders use historical fundamental indicators, such as Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Asset Entities investors may analyze each financial statement separately, they are all interrelated. The changes in Asset Entities' assets and liabilities, for example, are also reflected in the revenues and expenses on on Asset Entities' 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
PTB Ratio 2.97  2.82 

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Additional Tools for Asset Stock Analysis

When running Asset Entities' price analysis, check to measure Asset Entities' 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 Asset Entities is operating at the current time. Most of Asset Entities' value examination focuses on studying past and present price action to predict the probability of Asset Entities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asset Entities' price. Additionally, you may evaluate how the addition of Asset Entities to your portfolios can decrease your overall portfolio volatility.