Azek Pb Ratio from 2010 to 2024

AZEK Stock  USD 49.81  1.59  3.30%   
Azek PB Ratio yearly trend continues to be quite stable with very little volatility. PB Ratio may rise above 5.54 this year. From the period between 2010 and 2024, Azek, PB Ratio regression line of its data series had standard deviation of  2.62 and standard deviation of  2.62. View All Fundamentals
 
PB Ratio  
First Reported
2010-12-31
Previous Quarter
5.02255604
Current Value
5.54
Quarterly Volatility
2.62410981
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Azek financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Azek's main balance sheet or income statement drivers, such as Interest Expense of 38.5 M, Other Operating Expenses of 857.8 M or Net Income Applicable To Common Shares of 82.1 M, as well as many indicators such as Price To Sales Ratio of 4.85, Dividend Yield of 0.0 or PTB Ratio of 5.54. Azek financial statements analysis is a perfect complement when working with Azek Valuation or Volatility modules.
  
Check out the analysis of Azek Correlation against competitors.

Latest Azek's Pb Ratio Growth Pattern

Below is the plot of the Pb Ratio of Azek Company over the last few years. It is Azek's PB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Azek'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  

Azek Pb Ratio Regression Statistics

Arithmetic Mean6.60
Geometric Mean5.96
Coefficient Of Variation39.74
Mean Deviation2.34
Median8.26
Standard Deviation2.62
Sample Variance6.89
Range7.1037
R-Value(0.79)
Mean Square Error2.77
R-Squared0.63
Significance0.0004
Slope(0.46)
Total Sum of Squares96.40

Azek Pb Ratio History

2024 5.54
2023 5.02
2022 3.17
2021 1.77
2020 3.94
2019 3.22
2018 8.26

About Azek Financial Statements

Azek investors utilize fundamental indicators, such as Pb Ratio, to predict how Azek 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 ReportedProjected for Next Year
PB Ratio 5.02  5.54 

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When determining whether Azek Company is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Azek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Azek Company Stock. Highlighted below are key reports to facilitate an investment decision about Azek Company Stock:
Check out the analysis of Azek Correlation against competitors.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Building Products 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 Azek. If investors know Azek 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 Azek 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
0.478
Earnings Share
1.04
Revenue Per Share
10.094
Quarterly Revenue Growth
0.121
Return On Assets
0.0603
The market value of Azek Company is measured differently than its book value, which is the value of Azek that is recorded on the company's balance sheet. Investors also form their own opinion of Azek's value that differs from its market value or its book value, called intrinsic value, which is Azek'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 Azek's market value can be influenced by many factors that don't directly affect Azek'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 Azek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Azek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azek'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.