Goldenstone Ptb Ratio from 2010 to 2024

GDST Stock  USD 11.20  0.00  0.00%   
Goldenstone Acquisition PTB Ratio yearly trend continues to be comparatively stable with very little volatility. PTB Ratio will likely drop to 1.48 in 2024. 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 Goldenstone Acquisition's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
1.56153603
Current Value
1.48
Quarterly Volatility
1.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Goldenstone Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Goldenstone Acquisition's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 M, Interest Expense of 1.8 M or Other Operating Expenses of 533.7 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.48. Goldenstone financial statements analysis is a perfect complement when working with Goldenstone Acquisition Valuation or Volatility modules.
  
Check out the analysis of Goldenstone Acquisition Correlation against competitors.
For more information on how to buy Goldenstone Stock please use our How to Invest in Goldenstone Acquisition guide.

Latest Goldenstone Acquisition's Ptb Ratio Growth Pattern

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

Goldenstone Ptb Ratio Regression Statistics

Arithmetic Mean1,934
Geometric Mean354.86
Coefficient Of Variation62.37
Mean Deviation1,031
Median2,637
Standard Deviation1,206
Sample Variance1.5M
Range2.6K
R-Value(0.77)
Mean Square Error643,837
R-Squared0.59
Significance0.0008
Slope(207.09)
Total Sum of Squares20.4M

Goldenstone Ptb Ratio History

2024 1.48
2023 1.56
2022 1.37
2021 1.31

About Goldenstone Acquisition Financial Statements

Goldenstone Acquisition shareholders use historical fundamental indicators, such as Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Goldenstone Acquisition investors may analyze each financial statement separately, they are all interrelated. The changes in Goldenstone Acquisition's assets and liabilities, for example, are also reflected in the revenues and expenses on on Goldenstone Acquisition's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
PTB Ratio 1.56  1.48 

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Additional Tools for Goldenstone Stock Analysis

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