Pioneer Price To Book Ratio from 2010 to 2024
| MHI Stock | USD 9.44 0.03 0.32% |
Price To Book Ratio | First Reported 2010-12-31 | Previous Quarter 0.87180853 | Current Value 0.68 | Quarterly Volatility 0.07730431 |
Check Pioneer Municipal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pioneer Municipal's main balance sheet or income statement drivers, such as Interest Expense of 3.5 M, Selling General Administrative of 1.2 M or Operating Income of 4.4 M, as well as many indicators such as Dividend Yield of 0.0543, Ptb Ratio of 0.68 or Book Value Per Share of 15.73. Pioneer financial statements analysis is a perfect complement when working with Pioneer Municipal Valuation or Volatility modules.
Pioneer | Price To Book Ratio |
Latest Pioneer Municipal's Price To Book Ratio Growth Pattern
Below is the plot of the Price To Book Ratio of Pioneer Municipal High 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. Pioneer Municipal's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pioneer Municipal'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 |
Pioneer Price To Book Ratio Regression Statistics
| Arithmetic Mean | 0.84 | |
| Geometric Mean | 0.84 | |
| Coefficient Of Variation | 9.22 | |
| Mean Deviation | 0.05 | |
| Median | 0.84 | |
| Standard Deviation | 0.08 | |
| Sample Variance | 0.01 | |
| Range | 0.2795 | |
| R-Value | 0.05 | |
| Mean Square Error | 0.01 | |
| R-Squared | 0 | |
| Significance | 0.85 | |
| Slope | 0.0009 | |
| Total Sum of Squares | 0.08 |
Pioneer Price To Book Ratio History
About Pioneer Municipal Financial Statements
Investors use fundamental indicators, such as Pioneer Municipal's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Pioneer Municipal's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
| Last Reported | Projected for Next Year | ||
| Price To Book Ratio | 0.87 | 0.68 |
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When determining whether Pioneer Municipal High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pioneer Municipal'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 Pioneer Municipal High Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pioneer Municipal High Stock:Check out the analysis of Pioneer Municipal Correlation against competitors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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 Pioneer Municipal. If investors know Pioneer 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 Pioneer Municipal 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 (0.07) | Dividend Share 0.359 | Revenue Per Share 0.754 | Quarterly Revenue Growth 0.044 | Return On Assets 0.028 |
The market value of Pioneer Municipal High is measured differently than its book value, which is the value of Pioneer that is recorded on the company's balance sheet. Investors also form their own opinion of Pioneer Municipal's value that differs from its market value or its book value, called intrinsic value, which is Pioneer Municipal'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 Pioneer Municipal's market value can be influenced by many factors that don't directly affect Pioneer Municipal'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 Pioneer Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer Municipal'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.