Key Price To Book Ratio from 2010 to 2024
KTCC Stock | USD 5.64 0.10 1.81% |
Price To Book Ratio | First Reported 2010-12-31 | Previous Quarter 0.35152916 | Current Value 0.67119392 | Quarterly Volatility 0.65883705 |
Check Key Tronic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Key Tronic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.6 M, Interest Expense of 12.5 M or Total Revenue of 289.6 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0 or PTB Ratio of 0.67. Key financial statements analysis is a perfect complement when working with Key Tronic Valuation or Volatility modules.
Key | Price To Book Ratio |
Latest Key Tronic's Price To Book Ratio Growth Pattern
Below is the plot of the Price To Book Ratio of Key Tronic over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. Key Tronic's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Key Tronic's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio | 10 Years Trend |
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Price To Book Ratio |
Timeline |
Key Price To Book Ratio Regression Statistics
Arithmetic Mean | 0.73 | |
Geometric Mean | 0.61 | |
Coefficient Of Variation | 90.81 | |
Mean Deviation | 0.31 | |
Median | 0.66 | |
Standard Deviation | 0.66 | |
Sample Variance | 0.43 | |
Range | 2.7215 | |
R-Value | (0.52) | |
Mean Square Error | 0.34 | |
R-Squared | 0.28 | |
Significance | 0.04 | |
Slope | (0.08) | |
Total Sum of Squares | 6.08 |
Key Price To Book Ratio History
About Key Tronic Financial Statements
Key Tronic stakeholders use historical fundamental indicators, such as Key Tronic's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Key Tronic investors may analyze each financial statement separately, they are all interrelated. For example, changes in Key Tronic's assets and liabilities are reflected in the revenues and expenses on Key Tronic'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 Key Tronic. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Price To Book Ratio | 0.35 | 0.67 |
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 Key Tronic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Key Tronic'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 Key Tronic Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Key Tronic Stock:Check out the analysis of Key Tronic Correlation against competitors. For information on how to trade Key Stock refer to our How to Trade Key Stock guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Electronic Equipment, Instruments & Components 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 Key Tronic. If investors know Key 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 Key Tronic 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 (0.88) | Earnings Share (0.19) | Revenue Per Share 50.956 | Quarterly Revenue Growth 0.143 | Return On Assets 0.0133 |
The market value of Key Tronic is measured differently than its book value, which is the value of Key that is recorded on the company's balance sheet. Investors also form their own opinion of Key Tronic's value that differs from its market value or its book value, called intrinsic value, which is Key Tronic'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 Key Tronic's market value can be influenced by many factors that don't directly affect Key Tronic'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 Key Tronic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Key Tronic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Key Tronic'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.