Dave Price To Book Ratio from 2010 to 2024

DAVE Stock  USD 98.68  7.65  8.40%   
Dave's Price To Book Ratio is decreasing over the years with slightly volatile fluctuation. Price To Book Ratio is expected to dwindle to 1.09. 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
1.15011112
Current Value
1.09
Quarterly Volatility
49.01438406
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dave financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dave's main balance sheet or income statement drivers, such as Tax Provision of 129.6 K, Interest Income of 5.6 M or Depreciation And Amortization of 3.9 M, as well as many indicators such as Price To Sales Ratio of 0.37, Dividend Yield of 0.0 or PTB Ratio of 1.09. Dave financial statements analysis is a perfect complement when working with Dave Valuation or Volatility modules.
  
Check out the analysis of Dave Correlation against competitors.

Latest Dave's Price To Book Ratio Growth Pattern

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

Dave Price To Book Ratio Regression Statistics

Arithmetic Mean41.98
Coefficient Of Variation116.76
Mean Deviation36.09
Median65.93
Standard Deviation49.01
Sample Variance2,402
Range179
R-Value(0.60)
Mean Square Error1,664
R-Squared0.36
Significance0.02
Slope(6.55)
Total Sum of Squares33,634

Dave Price To Book Ratio History

2024 1.09
2023 1.15
2022 1.01
2021 -106.03
2020 73.14

About Dave Financial Statements

Dave stakeholders use historical fundamental indicators, such as Dave's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Dave investors may analyze each financial statement separately, they are all interrelated. For example, changes in Dave's assets and liabilities are reflected in the revenues and expenses on Dave's 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 Dave Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 1.15  1.09 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Dave Inc is a strong investment it is important to analyze Dave's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dave's future performance. For an informed investment choice regarding Dave Stock, refer to the following important reports:
Check out the analysis of Dave Correlation against competitors.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Application Software 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 Dave. If investors know Dave 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 Dave listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
3.05
Revenue Per Share
25.882
Quarterly Revenue Growth
0.405
Return On Assets
0.034
Return On Equity
0.351
The market value of Dave Inc is measured differently than its book value, which is the value of Dave that is recorded on the company's balance sheet. Investors also form their own opinion of Dave's value that differs from its market value or its book value, called intrinsic value, which is Dave's 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 Dave's market value can be influenced by many factors that don't directly affect Dave's 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 Dave's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dave is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dave's 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.