CTS Pb Ratio from 2010 to 2024

CTS Stock  USD 55.47  1.18  2.17%   
CTS PB Ratio yearly trend continues to be comparatively stable with very little volatility. PB Ratio will likely drop to 1.63 in 2024. From the period from 2010 to 2024, CTS PB Ratio quarterly data regression had r-value of  0.64 and coefficient of variation of  23.59. View All Fundamentals
 
PB Ratio  
First Reported
2010-12-31
Previous Quarter
2.6036169
Current Value
1.63
Quarterly Volatility
0.49684428
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CTS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CTS's main balance sheet or income statement drivers, such as Depreciation And Amortization of 24.5 M, Interest Expense of 3.5 M or Selling General Administrative of 67.3 M, as well as many indicators such as Price To Sales Ratio of 2.62, Dividend Yield of 0.0035 or PTB Ratio of 1.63. CTS financial statements analysis is a perfect complement when working with CTS Valuation or Volatility modules.
  
Check out the analysis of CTS Correlation against competitors.

Latest CTS's Pb Ratio Growth Pattern

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

CTS Pb Ratio Regression Statistics

Arithmetic Mean2.11
Geometric Mean2.04
Coefficient Of Variation23.59
Mean Deviation0.40
Median2.26
Standard Deviation0.50
Sample Variance0.25
Range1.4193
R-Value0.64
Mean Square Error0.16
R-Squared0.41
Significance0.01
Slope0.07
Total Sum of Squares3.46

CTS Pb Ratio History

2024 1.63
2023 2.6
2022 2.49
2021 2.56
2020 2.62
2019 2.42
2018 2.26

About CTS Financial Statements

CTS shareholders use historical fundamental indicators, such as Pb Ratio, to determine how well the company is positioned to perform in the future. Although CTS investors may analyze each financial statement separately, they are all interrelated. The changes in CTS's assets and liabilities, for example, are also reflected in the revenues and expenses on on CTS's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
PB Ratio 2.60  1.63 

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Additional Tools for CTS Stock Analysis

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