Euroseas Ptb Ratio from 2010 to 2024

ESEA Stock  USD 40.73  0.23  0.57%   
Euroseas' PTB Ratio is decreasing over the years with slightly volatile fluctuation. PTB Ratio is expected to dwindle to 0.83. PTB Ratio is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on Euroseas' equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
0.87468096
Current Value
0.83
Quarterly Volatility
2.50437991
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Euroseas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Euroseas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.9 M, Interest Expense of 6.8 M or Total Revenue of 198.8 M, as well as many indicators such as Price To Sales Ratio of 1.17, Dividend Yield of 0.0916 or PTB Ratio of 0.83. Euroseas financial statements analysis is a perfect complement when working with Euroseas Valuation or Volatility modules.
  
Check out the analysis of Euroseas Correlation against competitors.
For information on how to trade Euroseas Stock refer to our How to Trade Euroseas Stock guide.

Latest Euroseas' Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Euroseas over the last few years. It is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value. Euroseas' PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Euroseas' overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Slightly volatile
   Ptb Ratio   
       Timeline  

Euroseas Ptb Ratio Regression Statistics

Arithmetic Mean1.24
Geometric Mean0.55
Coefficient Of Variation202.43
Mean Deviation1.32
Median0.41
Standard Deviation2.50
Sample Variance6.27
Range9.9561
R-Value(0.32)
Mean Square Error6.07
R-Squared0.10
Significance0.25
Slope(0.18)
Total Sum of Squares87.81

Euroseas Ptb Ratio History

2024 0.83
2023 0.87
2022 0.79
2021 2.26
2020 0.88
2019 0.41
2018 0.35

About Euroseas Financial Statements

Euroseas stakeholders use historical fundamental indicators, such as Euroseas' Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Euroseas investors may analyze each financial statement separately, they are all interrelated. For example, changes in Euroseas' assets and liabilities are reflected in the revenues and expenses on Euroseas' 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 Euroseas. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 0.87  0.83 

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 Euroseas offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Euroseas' 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 Euroseas Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Euroseas Stock:
Check out the analysis of Euroseas Correlation against competitors.
For information on how to trade Euroseas Stock refer to our How to Trade Euroseas Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Marine Transportation 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 Euroseas. If investors know Euroseas 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 Euroseas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.407
Earnings Share
16.28
Revenue Per Share
29.676
Quarterly Revenue Growth
0.231
Return On Assets
0.152
The market value of Euroseas is measured differently than its book value, which is the value of Euroseas that is recorded on the company's balance sheet. Investors also form their own opinion of Euroseas' value that differs from its market value or its book value, called intrinsic value, which is Euroseas' 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 Euroseas' market value can be influenced by many factors that don't directly affect Euroseas' 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 Euroseas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Euroseas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euroseas' 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.