Honest Ptb Ratio from 2010 to 2024

HNST Stock  USD 8.57  0.42  5.15%   
Honest PTB Ratio yearly trend continues to be comparatively stable with very little volatility. PTB Ratio is likely to outpace its year average 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 Honest's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
2.53295119
Current Value
2.66
Quarterly Volatility
4.04808114
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Honest financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Honest's main balance sheet or income statement drivers, such as Tax Provision of 100.3 K, Depreciation And Amortization of 3.5 M or Interest Expense of 255.6 K, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.0486 or PTB Ratio of 2.66. Honest financial statements analysis is a perfect complement when working with Honest Valuation or Volatility modules.
  
Check out the analysis of Honest Correlation against competitors.

Latest Honest's Ptb Ratio Growth Pattern

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

Honest Ptb Ratio Regression Statistics

Arithmetic Mean(3.90)
Coefficient Of Variation(103.87)
Mean Deviation3.45
Median(6.27)
Standard Deviation4.05
Sample Variance16.39
Range9.4792
R-Value0.77
Mean Square Error7.25
R-Squared0.59
Significance0.0008
Slope0.69
Total Sum of Squares229.42

Honest Ptb Ratio History

2024 2.66
2023 2.53
2022 1.9
2021 3.21
2020 -6.09

About Honest Financial Statements

Honest shareholders use historical fundamental indicators, such as Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Honest investors may analyze each financial statement separately, they are all interrelated. The changes in Honest's assets and liabilities, for example, are also reflected in the revenues and expenses on on Honest'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 2.53  2.66 

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Additional Tools for Honest Stock Analysis

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