Dermata Price To Book Ratio from 2010 to 2024

DRMA Stock  USD 1.15  0.01  0.88%   
Dermata Therapeutics' Price To Book Ratio is increasing over the years with slightly volatile fluctuation. Overall, Price To Book Ratio is expected to go to 0.29 this year. 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
0.27932258
Current Value
0.29
Quarterly Volatility
16.35033196
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dermata Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dermata Therapeutics' main balance sheet or income statement drivers, such as Net Interest Income of 213.6 K, Depreciation And Amortization of 8.4 M or Interest Expense of 111.4 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.29. Dermata financial statements analysis is a perfect complement when working with Dermata Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Dermata Therapeutics Correlation against competitors.
For information on how to trade Dermata Stock refer to our How to Trade Dermata Stock guide.

Latest Dermata Therapeutics' Price To Book Ratio Growth Pattern

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

Dermata Price To Book Ratio Regression Statistics

Arithmetic Mean(16.72)
Coefficient Of Variation(97.81)
Mean Deviation13.36
Median(26.10)
Standard Deviation16.35
Sample Variance267.33
Range47.6063
R-Value0.71
Mean Square Error141.81
R-Squared0.51
Significance0
Slope2.60
Total Sum of Squares3,743

Dermata Price To Book Ratio History

2024 0.29
2023 0.28
2022 11.26
2021 21.51
2020 -23.09

About Dermata Therapeutics Financial Statements

Dermata Therapeutics stakeholders use historical fundamental indicators, such as Dermata Therapeutics' Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Dermata Therapeutics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Dermata Therapeutics' assets and liabilities are reflected in the revenues and expenses on Dermata Therapeutics' 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 Dermata Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 0.28  0.29 

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 Dermata Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dermata Therapeutics' 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 Dermata Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dermata Therapeutics Stock:
Check out the analysis of Dermata Therapeutics Correlation against competitors.
For information on how to trade Dermata Stock refer to our How to Trade Dermata Stock guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Biotechnology 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 Dermata Therapeutics. If investors know Dermata 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 Dermata Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(13.36)
Return On Assets
(0.91)
Return On Equity
(1.73)
The market value of Dermata Therapeutics is measured differently than its book value, which is the value of Dermata that is recorded on the company's balance sheet. Investors also form their own opinion of Dermata Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Dermata Therapeutics' 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 Dermata Therapeutics' market value can be influenced by many factors that don't directly affect Dermata Therapeutics' 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 Dermata Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dermata Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dermata Therapeutics' 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.