Athena Ptb Ratio from 2010 to 2024
ATEK Stock | USD 11.72 0.03 0.26% |
PTB Ratio | First Reported 2010-12-31 | Previous Quarter 20.20042436 | Current Value 21.21 | Quarterly Volatility 6.81473416 |
Check Athena Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Athena Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 186 K, Interest Expense of 170.8 K or Selling General Administrative of 1.8 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 21.21. Athena financial statements analysis is a perfect complement when working with Athena Technology Valuation or Volatility modules.
Athena |
Latest Athena Technology's Ptb Ratio Growth Pattern
Below is the plot of the Ptb Ratio of Athena Technology Acquisition 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. Athena Technology's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Athena Technology's overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio | 10 Years Trend |
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Ptb Ratio |
Timeline |
Athena Ptb Ratio Regression Statistics
Arithmetic Mean | 3.93 | |
Geometric Mean | 1.93 | |
Coefficient Of Variation | 173.50 | |
Mean Deviation | 4.47 | |
Median | 1.37 | |
Standard Deviation | 6.81 | |
Sample Variance | 46.44 | |
Range | 20.1515 | |
R-Value | 0.59 | |
Mean Square Error | 32.80 | |
R-Squared | 0.34 | |
Significance | 0.02 | |
Slope | 0.89 | |
Total Sum of Squares | 650.17 |
Athena Ptb Ratio History
About Athena Technology Financial Statements
Athena Technology investors utilize fundamental indicators, such as Ptb Ratio, to predict how Athena Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
PTB Ratio | 20.20 | 21.21 |
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Is Asset Management & Custody Banks 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 Athena Technology. If investors know Athena 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 Athena Technology 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 (0.80) | Earnings Share (0.06) | Return On Assets (0.07) |
The market value of Athena Technology is measured differently than its book value, which is the value of Athena that is recorded on the company's balance sheet. Investors also form their own opinion of Athena Technology's value that differs from its market value or its book value, called intrinsic value, which is Athena Technology'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 Athena Technology's market value can be influenced by many factors that don't directly affect Athena Technology'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 Athena Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Athena Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Athena Technology'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.