Merit Price To Book Ratio from 2010 to 2024
MMSI Stock | USD 103.66 0.34 0.33% |
Price To Book Ratio | First Reported 2010-12-31 | Previous Quarter 3.63957095 | Current Value 3.6 | Quarterly Volatility 2.49632879 |
Check Merit Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Merit Medical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 106.4 M, Interest Expense of 16.3 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 2.66, Dividend Yield of 0.0 or PTB Ratio of 3.6. Merit financial statements analysis is a perfect complement when working with Merit Medical Valuation or Volatility modules.
Merit | Price To Book Ratio |
Latest Merit Medical's Price To Book Ratio Growth Pattern
Below is the plot of the Price To Book Ratio of Merit Medical Systems 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. Merit Medical's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Merit Medical'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 |
Merit Price To Book Ratio Regression Statistics
Arithmetic Mean | 3.17 | |
Geometric Mean | 2.68 | |
Coefficient Of Variation | 78.78 | |
Mean Deviation | 1.33 | |
Median | 3.12 | |
Standard Deviation | 2.50 | |
Sample Variance | 6.23 | |
Range | 10.2021 | |
R-Value | (0.14) | |
Mean Square Error | 6.59 | |
R-Squared | 0.02 | |
Significance | 0.63 | |
Slope | (0.08) | |
Total Sum of Squares | 87.24 |
Merit Price To Book Ratio History
About Merit Medical Financial Statements
Investors use fundamental indicators, such as Merit Medical's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Merit Medical'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 | 3.64 | 3.60 |
Currently Active Assets on Macroaxis
When determining whether Merit Medical Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Merit Medical'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 Merit Medical Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Merit Medical Systems Stock:Check out the analysis of Merit Medical Correlation against competitors. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Health Care Equipment & Supplies 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 Merit Medical. If investors know Merit 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 Merit Medical 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 0.091 | Earnings Share 2.05 | Revenue Per Share 22.847 | Quarterly Revenue Growth 0.078 | Return On Assets 0.0456 |
The market value of Merit Medical Systems is measured differently than its book value, which is the value of Merit that is recorded on the company's balance sheet. Investors also form their own opinion of Merit Medical's value that differs from its market value or its book value, called intrinsic value, which is Merit Medical'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 Merit Medical's market value can be influenced by many factors that don't directly affect Merit Medical'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 Merit Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Merit Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merit Medical'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.