Meta Ptb Ratio from 2010 to 2024
| CASH Stock | USD 84.29 1.39 1.68% |
PTB Ratio | First Reported 2010-12-31 | Previous Quarter 1.97821544 | Current Value 2.08 | Quarterly Volatility 0.43452399 |
Check Meta Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Meta Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 48.2 M, Interest Expense of 12.1 M or Selling General Administrative of 222.6 M, as well as many indicators such as Price To Sales Ratio of 2.65, Ptb Ratio of 2.08 or Days Sales Outstanding of 12.75. Meta financial statements analysis is a perfect complement when working with Meta Financial Valuation or Volatility modules.
Meta | Ptb Ratio |
Latest Meta Financial's Ptb Ratio Growth Pattern
Below is the plot of the Ptb Ratio of Meta Financial Group 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. Meta Financial's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Meta Financial'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 |
Meta Ptb Ratio Regression Statistics
| Arithmetic Mean | 1.45 | |
| Geometric Mean | 1.37 | |
| Coefficient Of Variation | 30.04 | |
| Mean Deviation | 0.34 | |
| Median | 1.49 | |
| Standard Deviation | 0.43 | |
| Sample Variance | 0.19 | |
| Range | 1.4984 | |
| R-Value | 0.64 | |
| Mean Square Error | 0.12 | |
| R-Squared | 0.41 | |
| Significance | 0.01 | |
| Slope | 0.06 | |
| Total Sum of Squares | 2.64 |
Meta Ptb Ratio History
About Meta Financial Financial Statements
Investors use fundamental indicators, such as Meta Financial's Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Meta Financial's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
| Last Reported | Projected for Next Year | ||
| PTB Ratio | 1.98 | 2.08 |
Currently Active Assets on Macroaxis
When determining whether Meta Financial Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meta Financial'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 Meta Financial Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meta Financial Group Stock:Check out the analysis of Meta Financial Correlation against competitors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Regional 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 Meta Financial. If investors know Meta 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 Meta Financial 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 (0.01) | Earnings Share 6.62 | Revenue Per Share 28.289 | Quarterly Revenue Growth 0.124 | Return On Assets 0.0225 |
The market value of Meta Financial Group is measured differently than its book value, which is the value of Meta that is recorded on the company's balance sheet. Investors also form their own opinion of Meta Financial's value that differs from its market value or its book value, called intrinsic value, which is Meta Financial'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 Meta Financial's market value can be influenced by many factors that don't directly affect Meta Financial'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 Meta Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meta Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meta Financial'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.