Global Ptb Ratio from 2010 to 2024

GLSTU Stock  USD 11.32  0.16  1.39%   
Global Star PTB Ratio yearly trend continues to be comparatively stable with very little volatility. PTB Ratio will likely drop to 2.14 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 Global Star's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
2.25782332
Current Value
2.14
Quarterly Volatility
1.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Global Star financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global Star's main balance sheet or income statement drivers, such as Net Interest Income of 4.2 M, Interest Income of 4.2 M or Depreciation And Amortization of 2 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.14. Global financial statements analysis is a perfect complement when working with Global Star Valuation or Volatility modules.
  
Check out the analysis of Global Star Correlation against competitors.

Latest Global Star's Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Global Star 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. Global Star's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Global Star'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  

Global Ptb Ratio Regression Statistics

Arithmetic Mean3,633
Geometric Mean951.92
Coefficient Of Variation52.45
Mean Deviation1,452
Median4,437
Standard Deviation1,905
Sample Variance3.6M
Range5.7K
R-Value(0.63)
Mean Square Error2.4M
R-Squared0.39
Significance0.01
Slope(267.48)
Total Sum of Squares50.8M

Global Ptb Ratio History

2024 2.14
2023 2.26
2022 1.33
2021 5672.56

About Global Star Financial Statements

Global Star shareholders use historical fundamental indicators, such as Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Global Star investors may analyze each financial statement separately, they are all interrelated. The changes in Global Star's assets and liabilities, for example, are also reflected in the revenues and expenses on on Global Star'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 2.26  2.14 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Global Stock Analysis

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