AvidXchange Price To Book Ratio from 2010 to 2024

AVDX Stock  USD 11.46  0.13  1.12%   
AvidXchange Holdings Price To Book Ratio yearly trend continues to be fairly stable with very little volatility. Price To Book Ratio will likely drop to 3.62 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
3.81050693
Current Value
3.62
Quarterly Volatility
5.56666065
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AvidXchange Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AvidXchange Holdings' main balance sheet or income statement drivers, such as Interest Expense of 11.2 M, Tax Provision of 475.6 K or Net Interest Income of 3.7 M, as well as many indicators such as Price To Sales Ratio of 6.24, Dividend Yield of 0.0 or PTB Ratio of 3.62. AvidXchange financial statements analysis is a perfect complement when working with AvidXchange Holdings Valuation or Volatility modules.
  
Check out the analysis of AvidXchange Holdings Correlation against competitors.
For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.

Latest AvidXchange Holdings' Price To Book Ratio Growth Pattern

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

AvidXchange Price To Book Ratio Regression Statistics

Arithmetic Mean12.54
Geometric Mean10.64
Coefficient Of Variation44.39
Mean Deviation4.75
Median15.83
Standard Deviation5.57
Sample Variance30.99
Range12.8397
R-Value(0.78)
Mean Square Error13.25
R-Squared0.60
Significance0.0007
Slope(0.97)
Total Sum of Squares433.83

AvidXchange Price To Book Ratio History

2024 3.62
2023 3.81
2022 2.99
2021 4.1
2020 15.22

About AvidXchange Holdings Financial Statements

AvidXchange Holdings investors use historical fundamental indicators, such as AvidXchange Holdings' Price To Book Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in AvidXchange Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 3.81  3.62 

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Additional Tools for AvidXchange Stock Analysis

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