ESSA Price Book Value Ratio from 2010 to 2024

ESSA Stock  USD 20.15  0.06  0.30%   
ESSA Bancorp's Price Book Value Ratio is increasing over the years with very volatile fluctuation. Overall, Price Book Value Ratio is expected to go to 4.71 this year. From 2010 to 2024 ESSA Bancorp Price Book Value Ratio quarterly data regression line had arithmetic mean of  1.27 and r-squared of  0.01. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
0.79514852
Current Value
4.71053598
Quarterly Volatility
1.25648148
 
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Covid
Check ESSA Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ESSA Bancorp's main balance sheet or income statement drivers, such as Interest Expense of 12.3 M, Total Revenue of 117.1 M or Gross Profit of 117.1 M, as well as many indicators such as Price To Sales Ratio of 45.44, Ptb Ratio of 4.71 or Days Sales Outstanding of 13.2 K. ESSA financial statements analysis is a perfect complement when working with ESSA Bancorp Valuation or Volatility modules.
  
Check out the analysis of ESSA Bancorp Correlation against competitors.
For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.

Latest ESSA Bancorp's Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of ESSA Bancorp over the last few years. It is ESSA Bancorp's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ESSA Bancorp's overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio10 Years Trend
Very volatile
   Price Book Value Ratio   
       Timeline  

ESSA Price Book Value Ratio Regression Statistics

Arithmetic Mean1.27
Geometric Mean0.99
Coefficient Of Variation99.03
Mean Deviation0.82
Median0.81
Standard Deviation1.26
Sample Variance1.58
Range4.0604
R-Value0.08
Mean Square Error1.69
R-Squared0.01
Significance0.78
Slope0.02
Total Sum of Squares22.10

ESSA Price Book Value Ratio History

2024 4.71
2023 0.8
2022 0.66
2021 0.89
2020 0.81
2019 0.67
2018 0.93

About ESSA Bancorp Financial Statements

ESSA Bancorp stakeholders use historical fundamental indicators, such as ESSA Bancorp's Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although ESSA Bancorp investors may analyze each financial statement separately, they are all interrelated. For example, changes in ESSA Bancorp's assets and liabilities are reflected in the revenues and expenses on ESSA Bancorp'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 ESSA Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 0.80  4.71 

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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 ESSA Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESSA Bancorp's 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 Essa Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Essa Bancorp Stock:
Check out the analysis of ESSA Bancorp Correlation against competitors.
For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Regional Banks 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 ESSA Bancorp. If investors know ESSA 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 ESSA Bancorp 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
(0.06)
Dividend Share
0.6
Earnings Share
1.78
Revenue Per Share
7.127
Quarterly Revenue Growth
(0.04)
The market value of ESSA Bancorp is measured differently than its book value, which is the value of ESSA that is recorded on the company's balance sheet. Investors also form their own opinion of ESSA Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ESSA Bancorp'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 ESSA Bancorp's market value can be influenced by many factors that don't directly affect ESSA Bancorp'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 ESSA Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESSA Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESSA Bancorp'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.