Motorsport Price To Book Ratio from 2010 to 2024

MSGM Stock  USD 1.27  0.16  14.41%   
Motorsport Gaming Price To Book Ratio yearly trend continues to be very stable with very little volatility. Price To Book Ratio is likely to drop to 2.49. 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
2.61711942
Current Value
2.49
Quarterly Volatility
702.17641187
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Motorsport Gaming financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Motorsport Gaming's main balance sheet or income statement drivers, such as Interest Expense of 576.4 K, Minority Interest of 141.2 K or Tax Provision of 0.0, as well as many indicators such as Price To Sales Ratio of 1.1, Dividend Yield of 0.0 or PTB Ratio of 2.49. Motorsport financial statements analysis is a perfect complement when working with Motorsport Gaming Valuation or Volatility modules.
  
Check out the analysis of Motorsport Gaming Correlation against competitors.

Latest Motorsport Gaming's Price To Book Ratio Growth Pattern

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

Motorsport Price To Book Ratio Regression Statistics

Arithmetic Mean680.29
Geometric Mean196.98
Coefficient Of Variation103.22
Mean Deviation650.06
Median1,222
Standard Deviation702.18
Sample Variance493,052
Range1.8K
R-Value(0.80)
Mean Square Error191,549
R-Squared0.64
Significance0.0003
Slope(125.54)
Total Sum of Squares6.9M

Motorsport Price To Book Ratio History

2024 2.49
2023 2.62
2022 3.17
2021 1.73
2020 -604.35
2019 -199.31

About Motorsport Gaming Financial Statements

Motorsport Gaming investors utilize fundamental indicators, such as Price To Book Ratio, to predict how Motorsport Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Book Ratio 2.62  2.49 

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When determining whether Motorsport Gaming is a strong investment it is important to analyze Motorsport Gaming's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Motorsport Gaming's future performance. For an informed investment choice regarding Motorsport Stock, refer to the following important reports:
Check out the analysis of Motorsport Gaming Correlation against competitors.
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Is Movies & Entertainment 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 Motorsport Gaming. If investors know Motorsport 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 Motorsport Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.06
Revenue Per Share
3.076
Quarterly Revenue Growth
0.082
Return On Assets
(0.49)
Return On Equity
(0.14)
The market value of Motorsport Gaming is measured differently than its book value, which is the value of Motorsport that is recorded on the company's balance sheet. Investors also form their own opinion of Motorsport Gaming's value that differs from its market value or its book value, called intrinsic value, which is Motorsport Gaming'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 Motorsport Gaming's market value can be influenced by many factors that don't directly affect Motorsport Gaming'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 Motorsport Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Motorsport Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Motorsport Gaming'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.