California Price To Book Ratio from 2010 to 2024

CWT Stock  USD 51.19  0.23  0.45%   
California Water Price To Book Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Book Ratio will likely drop to 1.73 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
2.07053474
Current Value
1.73
Quarterly Volatility
0.67448838
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check California Water financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among California Water's main balance sheet or income statement drivers, such as Interest Expense of 52.3 M, Total Revenue of 412.7 M or Gross Profit of 285.5 M, as well as many indicators such as Price To Sales Ratio of 3.9, Dividend Yield of 0.0345 or PTB Ratio of 1.73. California financial statements analysis is a perfect complement when working with California Water Valuation or Volatility modules.
  
Check out the analysis of California Water Correlation against competitors.

Latest California Water's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of California Water Service 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. California Water's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in California Water's 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  

California Price To Book Ratio Regression Statistics

Arithmetic Mean2.28
Geometric Mean2.19
Coefficient Of Variation29.55
Mean Deviation0.60
Median2.07
Standard Deviation0.67
Sample Variance0.45
Range1.9253
R-Value0.52
Mean Square Error0.36
R-Squared0.27
Significance0.05
Slope0.08
Total Sum of Squares6.37

California Price To Book Ratio History

2023 2.07
2022 2.5
2021 3.15
2020 2.89
2019 3.18
2017 3.14
2016 2.47

About California Water Financial Statements

California Water shareholders use historical fundamental indicators, such as Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although California Water investors may analyze each financial statement separately, they are all interrelated. The changes in California Water's assets and liabilities, for example, are also reflected in the revenues and expenses on on California Water'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
Price To Book Ratio 2.07  1.73 

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Additional Tools for California Stock Analysis

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