Heart Ptb Ratio from 2010 to 2024

HSCS Stock  USD 2.67  0.05  1.91%   
Heart Test PTB Ratio yearly trend continues to be comparatively stable with very little volatility. PTB Ratio will likely drop to 0.42 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 Heart Test's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
0.4451484
Current Value
0.42
Quarterly Volatility
9.46510188
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Heart Test financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heart Test's main balance sheet or income statement drivers, such as Depreciation And Amortization of 58.5 K, Interest Expense of 242.9 K or Selling General Administrative of 2.5 M, as well as many indicators such as Price To Sales Ratio of 349, Dividend Yield of 0.0 or PTB Ratio of 0.42. Heart financial statements analysis is a perfect complement when working with Heart Test Valuation or Volatility modules.
  
Check out the analysis of Heart Test Correlation against competitors.

Latest Heart Test's Ptb Ratio Growth Pattern

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

Heart Ptb Ratio Regression Statistics

Arithmetic Mean13.64
Geometric Mean8.18
Coefficient Of Variation69.37
Mean Deviation7.68
Median17.85
Standard Deviation9.47
Sample Variance89.59
Range32.0924
R-Value(0.52)
Mean Square Error70.49
R-Squared0.27
Significance0.05
Slope(1.10)
Total Sum of Squares1,254

Heart Ptb Ratio History

2024 0.42
2023 0.45
2022 29.14
2021 -0.93
2020 -2.95

About Heart Test Financial Statements

Heart Test shareholders use historical fundamental indicators, such as Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Heart Test investors may analyze each financial statement separately, they are all interrelated. The changes in Heart Test's assets and liabilities, for example, are also reflected in the revenues and expenses on on Heart Test'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 0.45  0.42 

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Additional Tools for Heart Stock Analysis

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