Horizon Price Book Value Ratio from 2010 to 2024
HTFB Stock | USD 24.55 0.02 0.08% |
Price Book Value Ratio | First Reported 2010-12-31 | Previous Quarter 1.25845303 | Current Value 1.17 | Quarterly Volatility 0.28791946 |
Check Horizon Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Horizon Technology's main balance sheet or income statement drivers, such as Interest Expense of 30.4 M, Selling General Administrative of 3.7 M or Other Operating Expenses of 22.6 M, as well as many indicators such as Dividend Yield of 0.11, Ptb Ratio of 1.17 or Book Value Per Share of 14.28. Horizon financial statements analysis is a perfect complement when working with Horizon Technology Valuation or Volatility modules.
Horizon | Price Book Value Ratio |
Latest Horizon Technology's Price Book Value Ratio Growth Pattern
Below is the plot of the Price Book Value Ratio of Horizon Technology Finance over the last few years. It is Horizon Technology's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Horizon Technology's overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio | 10 Years Trend |
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Price Book Value Ratio |
Timeline |
Horizon Price Book Value Ratio Regression Statistics
Arithmetic Mean | 1.07 | |
Geometric Mean | 1.04 | |
Coefficient Of Variation | 26.88 | |
Mean Deviation | 0.19 | |
Median | 0.97 | |
Standard Deviation | 0.29 | |
Sample Variance | 0.08 | |
Range | 1.159 | |
R-Value | (0.10) | |
Mean Square Error | 0.09 | |
R-Squared | 0.01 | |
Significance | 0.72 | |
Slope | (0.01) | |
Total Sum of Squares | 1.16 |
Horizon Price Book Value Ratio History
About Horizon Technology Financial Statements
Horizon Technology stakeholders use historical fundamental indicators, such as Horizon Technology's Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Horizon Technology investors may analyze each financial statement separately, they are all interrelated. For example, changes in Horizon Technology's assets and liabilities are reflected in the revenues and expenses on Horizon Technology'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 Horizon Technology Finance. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Price Book Value Ratio | 1.26 | 1.17 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Horizon Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Horizon Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Horizon Technology Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Horizon Technology Finance Stock:Check out the analysis of Horizon Technology Correlation against competitors. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Asset Management & Custody Banks 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 Horizon Technology. If investors know Horizon 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 Horizon Technology 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 (0.98) | Dividend Share 1.29 | Earnings Share 1.224 | Revenue Per Share 3.695 | Quarterly Revenue Growth 0.253 |
The market value of Horizon Technology is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Technology's value that differs from its market value or its book value, called intrinsic value, which is Horizon Technology'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 Horizon Technology's market value can be influenced by many factors that don't directly affect Horizon Technology'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 Horizon Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Technology'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.