Cemtrex Ptb Ratio from 2010 to 2024

CETX Stock  USD 0.11  0.09  45.00%   
Cemtrex PTB Ratio yearly trend continues to be fairly stable with very little volatility. PTB Ratio will likely drop to 35.46 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 Cemtrex's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
37.33
Current Value
35.46
Quarterly Volatility
175.23139382
 
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Yuan Drop
 
Covid
Check Cemtrex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cemtrex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 614.5 K, Interest Expense of 6 M or Total Revenue of 45.7 M, as well as many indicators such as Price To Sales Ratio of 4.59, Dividend Yield of 2.0E-4 or PTB Ratio of 35.46. Cemtrex financial statements analysis is a perfect complement when working with Cemtrex Valuation or Volatility modules.
  
Check out the analysis of Cemtrex Correlation against competitors.
For more information on how to buy Cemtrex Stock please use our How to Invest in Cemtrex guide.

Latest Cemtrex's Ptb Ratio Growth Pattern

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

Cemtrex Ptb Ratio Regression Statistics

Arithmetic Mean125.71
Coefficient Of Variation139.39
Mean Deviation133.78
Median37.33
Standard Deviation175.23
Sample Variance30,706
Range542
R-Value(0.59)
Mean Square Error21,469
R-Squared0.35
Significance0.02
Slope(23.21)
Total Sum of Squares429,885

Cemtrex Ptb Ratio History

2024 35.46
2023 37.33
2022 32.46
2021 0.64
2020 58.27
2019 20.74
2018 8.71

About Cemtrex Financial Statements

Cemtrex investors use historical fundamental indicators, such as Cemtrex's Ptb 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 Cemtrex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 37.33  35.46 

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Additional Tools for Cemtrex Stock Analysis

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