NFT Price To Book Ratio from 2010 to 2024

MI Stock   4.24  0.07  1.62%   
NFT's Price To Book Ratio is increasing with very volatile movements from year to year. Price To Book Ratio is predicted to flatten to 0.30. Price To Book Ratio 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. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
0.31862227
Current Value
0.3
Quarterly Volatility
9.87624438
 
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Yuan Drop
 
Covid
Check NFT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NFT's main balance sheet or income statement drivers, such as Tax Provision of 93.3 K, Net Interest Income of 1.1 M or Interest Expense of 672, as well as many indicators such as Price To Sales Ratio of 8.55, Dividend Yield of 0.0 or PTB Ratio of 0.3. NFT financial statements analysis is a perfect complement when working with NFT Valuation or Volatility modules.
  
Check out the analysis of NFT Correlation against competitors.

Latest NFT's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of NFT Limited 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. NFT's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NFT's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Very volatile
   Price To Book Ratio   
       Timeline  

NFT Price To Book Ratio Regression Statistics

Arithmetic Mean5.39
Geometric Mean2.22
Coefficient Of Variation183.26
Mean Deviation4.65
Median4.90
Standard Deviation9.88
Sample Variance97.54
Range40.0216
R-Value0.06
Mean Square Error104.64
R-Squared0
Significance0.83
Slope0.14
Total Sum of Squares1,366

NFT Price To Book Ratio History

2024 0.3
2023 0.32
2022 0.28
2021 40.3
2020 2.23
2019 0.87
2018 0.73

About NFT Financial Statements

Investors use fundamental indicators, such as NFT's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although NFT's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Price To Book Ratio 0.32  0.30 

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Check out the analysis of NFT Correlation against competitors.
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Is IT Consulting & Other Services 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 NFT. If investors know NFT 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 NFT 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
(0.85)
Earnings Share
(127.66)
Revenue Per Share
0.312
Quarterly Revenue Growth
(0.66)
Return On Assets
(0.01)
The market value of NFT Limited is measured differently than its book value, which is the value of NFT that is recorded on the company's balance sheet. Investors also form their own opinion of NFT's value that differs from its market value or its book value, called intrinsic value, which is NFT'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 NFT's market value can be influenced by many factors that don't directly affect NFT'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 NFT's value and its price as these two are different measures arrived at by different means. Investors typically determine if NFT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NFT'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.