CNX Price To Book Ratio from 2010 to 2024

CNX Stock  USD 41.09  0.45  1.11%   
CNX Resources Price To Book Ratio yearly trend continues to be fairly stable with very little volatility. Price To Book Ratio will likely drop to 0.71 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
0.74519427
Current Value
0.71
Quarterly Volatility
0.69012848
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CNX Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CNX Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 387.2 M, Interest Expense of 165.5 M or Selling General Administrative of 142.4 M, as well as many indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 6.0E-4 or PTB Ratio of 0.71. CNX financial statements analysis is a perfect complement when working with CNX Resources Valuation or Volatility modules.
  
Check out the analysis of CNX Resources Correlation against competitors.

Latest CNX Resources' Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of CNX Resources Corp 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. CNX Resources' Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CNX Resources' 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  

CNX Price To Book Ratio Regression Statistics

Arithmetic Mean1.13
Geometric Mean0.96
Coefficient Of Variation60.83
Mean Deviation0.56
Median0.86
Standard Deviation0.69
Sample Variance0.48
Range2.1484
R-Value(0.77)
Mean Square Error0.21
R-Squared0.59
Significance0.0009
Slope(0.12)
Total Sum of Squares6.67

CNX Price To Book Ratio History

2024 0.71
2023 0.75
2022 1.08
2021 0.8
2020 0.49
2019 0.41
2018 0.56

About CNX Resources Financial Statements

CNX Resources investors use historical fundamental indicators, such as CNX Resources' 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 CNX Resources. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 0.75  0.71 

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Additional Tools for CNX Stock Analysis

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