FutureTech Pb Ratio from 2010 to 2024

FTIIW Stock  USD 0.03  0.01  63.22%   
FutureTech PB Ratio yearly trend continues to be fairly stable with very little volatility. PB Ratio will likely drop to 2.31 in 2024. During the period from 2010 to 2024, FutureTech PB Ratio regression line of quarterly data had mean square error of  97,871 and geometric mean of  290.44. View All Fundamentals
 
PB Ratio  
First Reported
2010-12-31
Previous Quarter
2.42902714
Current Value
2.31
Quarterly Volatility
418.89872175
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check FutureTech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FutureTech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5 M, Selling General Administrative of 905.8 K or Selling And Marketing Expenses of 1 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.31. FutureTech financial statements analysis is a perfect complement when working with FutureTech Valuation or Volatility modules.
  
Check out the analysis of FutureTech Correlation against competitors.

Latest FutureTech's Pb Ratio Growth Pattern

Below is the plot of the Pb Ratio of FutureTech II Acquisition over the last few years. It is FutureTech's PB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in FutureTech's overall financial position and show how it may be relating to other accounts over time.
Pb Ratio10 Years Trend
Slightly volatile
   Pb Ratio   
       Timeline  

FutureTech Pb Ratio Regression Statistics

Arithmetic Mean811.41
Geometric Mean290.44
Coefficient Of Variation51.63
Mean Deviation323.76
Median1,014
Standard Deviation418.90
Sample Variance175,476
Range1K
R-Value(0.69)
Mean Square Error97,871
R-Squared0.48
Significance0
Slope(65.04)
Total Sum of Squares2.5M

FutureTech Pb Ratio History

2024 2.31
2023 2.43
2022 1.34

About FutureTech Financial Statements

FutureTech investors use historical fundamental indicators, such as FutureTech's Pb Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in FutureTech. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PB Ratio 2.43  2.31 

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Additional Tools for FutureTech Stock Analysis

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