GreenTree Price To Book Ratio from 2010 to 2024
GHG Stock | USD 2.67 0.05 1.84% |
Price To Book Ratio | First Reported 2010-12-31 | Previous Quarter 1.88889325 | Current Value 1.79 | Quarterly Volatility 9.31707466 |
Check GreenTree Hospitality financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GreenTree Hospitality's main balance sheet or income statement drivers, such as Tax Provision of 80.9 M, Interest Income of 46.5 M or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 1.59, Dividend Yield of 0.0229 or PTB Ratio of 1.79. GreenTree financial statements analysis is a perfect complement when working with GreenTree Hospitality Valuation or Volatility modules.
GreenTree | Price To Book Ratio |
Latest GreenTree Hospitality's Price To Book Ratio Growth Pattern
Below is the plot of the Price To Book Ratio of GreenTree Hospitality Group 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. GreenTree Hospitality's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in GreenTree Hospitality's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio | 10 Years Trend |
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Price To Book Ratio |
Timeline |
GreenTree Price To Book Ratio Regression Statistics
Arithmetic Mean | 12.44 | |
Geometric Mean | 8.12 | |
Coefficient Of Variation | 74.90 | |
Mean Deviation | 8.74 | |
Median | 14.74 | |
Standard Deviation | 9.32 | |
Sample Variance | 86.81 | |
Range | 20.2815 | |
R-Value | (0.93) | |
Mean Square Error | 12.22 | |
R-Squared | 0.87 | |
Slope | (1.94) | |
Total Sum of Squares | 1,215 |
GreenTree Price To Book Ratio History
About GreenTree Hospitality Financial Statements
GreenTree Hospitality stakeholders use historical fundamental indicators, such as GreenTree Hospitality's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although GreenTree Hospitality investors may analyze each financial statement separately, they are all interrelated. For example, changes in GreenTree Hospitality's assets and liabilities are reflected in the revenues and expenses on GreenTree Hospitality'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 GreenTree Hospitality Group. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Price To Book Ratio | 1.89 | 1.79 |
Currently Active Assets on Macroaxis
When determining whether GreenTree Hospitality is a strong investment it is important to analyze GreenTree Hospitality's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GreenTree Hospitality's future performance. For an informed investment choice regarding GreenTree Stock, refer to the following important reports:Check out the analysis of GreenTree Hospitality Correlation against competitors. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Hotels, Resorts & Cruise Lines 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 GreenTree Hospitality. If investors know GreenTree 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 GreenTree Hospitality 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 (0.50) | Earnings Share 0.34 | Revenue Per Share 14.887 | Quarterly Revenue Growth (0.21) | Return On Assets 0.0424 |
The market value of GreenTree Hospitality is measured differently than its book value, which is the value of GreenTree that is recorded on the company's balance sheet. Investors also form their own opinion of GreenTree Hospitality's value that differs from its market value or its book value, called intrinsic value, which is GreenTree Hospitality'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 GreenTree Hospitality's market value can be influenced by many factors that don't directly affect GreenTree Hospitality'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 GreenTree Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if GreenTree Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GreenTree Hospitality'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.