Core Price Book Value Ratio from 2010 to 2024

CLB Stock  USD 20.55  0.29  1.39%   
Core Laboratories' Price Book Value Ratio is decreasing over the years with very volatile fluctuation. Overall, Price Book Value Ratio is expected to go to 6.42 this year. From 2010 to 2024 Core Laboratories Price Book Value Ratio quarterly data regression line had arithmetic mean of  6.73 and significance of  0.88. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
3.66711198
Current Value
6.42
Quarterly Volatility
58.15782973
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Core Laboratories financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Core Laboratories' main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.2 M, Interest Expense of 10.1 M or Selling General Administrative of 34.6 M, as well as many indicators such as Price To Sales Ratio of 2.7, Dividend Yield of 0.0022 or PTB Ratio of 6.42. Core financial statements analysis is a perfect complement when working with Core Laboratories Valuation or Volatility modules.
  
Check out the analysis of Core Laboratories Correlation against competitors.

Latest Core Laboratories' Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of Core Laboratories NV over the last few years. It is Core Laboratories' Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Core Laboratories' overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio10 Years Trend
Very volatile
   Price Book Value Ratio   
       Timeline  

Core Price Book Value Ratio Regression Statistics

Arithmetic Mean6.73
Coefficient Of Variation863.84
Mean Deviation28.00
Median15.60
Standard Deviation58.16
Sample Variance3,382
Range250
R-Value(0.04)
Mean Square Error3,636
R-Squared0
Significance0.88
Slope(0.55)
Total Sum of Squares47,353

Core Price Book Value Ratio History

2024 6.42
2023 3.67
2022 4.97
2021 6.38
2020 15.6
2019 9.17
2018 16.39

About Core Laboratories Financial Statements

Core Laboratories stakeholders use historical fundamental indicators, such as Core Laboratories' Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Core Laboratories investors may analyze each financial statement separately, they are all interrelated. For example, changes in Core Laboratories' assets and liabilities are reflected in the revenues and expenses on Core Laboratories' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Core Laboratories NV. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 3.67  6.42 

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When determining whether Core Laboratories offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Core Laboratories' 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 Core Laboratories Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Core Laboratories Nv Stock:
Check out the analysis of Core Laboratories Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas Equipment & Services 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 Core Laboratories. If investors know Core 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 Core Laboratories 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
0.316
Dividend Share
0.04
Earnings Share
0.54
Revenue Per Share
11.158
Quarterly Revenue Growth
0.072
The market value of Core Laboratories is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Core Laboratories' 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 Core Laboratories' market value can be influenced by many factors that don't directly affect Core Laboratories' 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 Core Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Laboratories' 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.