Globalstar Pb Ratio from 2010 to 2024

GSAT Stock  USD 1.79  0.02  1.13%   
Globalstar PB Ratio yearly trend continues to be comparatively stable with very little volatility. PB Ratio will likely drop to 4.80 in 2024. From the period from 2010 to 2024, Globalstar PB Ratio quarterly data regression had mean square error of  68.67 and mean deviation of  4.91. View All Fundamentals
 
PB Ratio  
First Reported
2010-12-31
Previous Quarter
9.39342206
Current Value
4.8
Quarterly Volatility
7.98558235
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globalstar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globalstar's main balance sheet or income statement drivers, such as Interest Expense of 13.9 M, Total Revenue of 235 M or Gross Profit of 162.1 M, as well as many indicators such as Price To Sales Ratio of 20.63, Dividend Yield of 0.0027 or PTB Ratio of 4.8. Globalstar financial statements analysis is a perfect complement when working with Globalstar Valuation or Volatility modules.
  
Check out the analysis of Globalstar Correlation against competitors.
For more information on how to buy Globalstar Stock please use our How to Invest in Globalstar guide.

Latest Globalstar's Pb Ratio Growth Pattern

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

Globalstar Pb Ratio Regression Statistics

Arithmetic Mean6.41
Coefficient Of Variation124.67
Mean Deviation4.91
Median5.01
Standard Deviation7.99
Sample Variance63.77
Range32.6231
R-Value0.01
Mean Square Error68.67
R-Squared0.000047
Significance0.98
Slope0.01
Total Sum of Squares892.77

Globalstar Pb Ratio History

2024 4.8
2023 9.39
2022 7.61
2021 5.6
2020 1.31
2019 1.85
2018 2.26

About Globalstar Financial Statements

Globalstar shareholders use historical fundamental indicators, such as Pb Ratio, to determine how well the company is positioned to perform in the future. Although Globalstar investors may analyze each financial statement separately, they are all interrelated. The changes in Globalstar's assets and liabilities, for example, are also reflected in the revenues and expenses on on Globalstar'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
PB Ratio 9.39  4.80 

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Additional Tools for Globalstar Stock Analysis

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