Middlesex Ptb Ratio from 2010 to 2024

MSEX Stock  USD 67.88  1.38  2.08%   
Middlesex Water PTB Ratio yearly trend continues to be fairly stable with very little volatility. PTB Ratio will likely drop to 1.82 in 2024. PTB Ratio is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on Middlesex Water's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
2.73733774
Current Value
1.82
Quarterly Volatility
1.14628593
 
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Check Middlesex Water financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Middlesex Water's main balance sheet or income statement drivers, such as Interest Expense of 10.2 M, Total Revenue of 85.8 M or Gross Profit of 62.3 M, as well as many indicators such as Price To Sales Ratio of 7.35, Dividend Yield of 0.0184 or PTB Ratio of 1.82. Middlesex financial statements analysis is a perfect complement when working with Middlesex Water Valuation or Volatility modules.
  
Check out the analysis of Middlesex Water Correlation against competitors.
For more information on how to buy Middlesex Stock please use our How to Invest in Middlesex Water guide.

Latest Middlesex Water's Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Middlesex Water over the last few years. It is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value. Middlesex Water's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Middlesex Water's overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Slightly volatile
   Ptb Ratio   
       Timeline  

Middlesex Ptb Ratio Regression Statistics

Arithmetic Mean2.69
Geometric Mean2.49
Coefficient Of Variation42.66
Mean Deviation0.90
Median2.74
Standard Deviation1.15
Sample Variance1.31
Range4.3325
R-Value0.60
Mean Square Error0.91
R-Squared0.35
Significance0.02
Slope0.15
Total Sum of Squares18.40

Middlesex Ptb Ratio History

2024 1.82
2023 2.74
2022 3.44
2021 5.69
2020 3.63
2019 3.25
2018 3.48

About Middlesex Water Financial Statements

Middlesex Water investors use historical fundamental indicators, such as Middlesex Water's Ptb Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Middlesex Water. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 2.74  1.82 

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Additional Tools for Middlesex Stock Analysis

When running Middlesex Water's price analysis, check to measure Middlesex Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Middlesex Water is operating at the current time. Most of Middlesex Water's value examination focuses on studying past and present price action to predict the probability of Middlesex Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Middlesex Water's price. Additionally, you may evaluate how the addition of Middlesex Water to your portfolios can decrease your overall portfolio volatility.