MYT Price To Book Ratio from 2010 to 2024

MYTE Stock  USD 6.70  0.02  0.30%   
MYT Netherlands' Price To Book Ratio is decreasing over the years with slightly volatile fluctuation. Price To Book Ratio is expected to dwindle to 0.89. 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
0.94128206
Current Value
0.89
Quarterly Volatility
10.95013787
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MYT Netherlands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MYT Netherlands' main balance sheet or income statement drivers, such as Interest Income of 4.8 K, Depreciation And Amortization of 10.5 M or Interest Expense of 4.9 M, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0 or PTB Ratio of 0.89. MYT financial statements analysis is a perfect complement when working with MYT Netherlands Valuation or Volatility modules.
  
Check out the analysis of MYT Netherlands Correlation against competitors.

Latest MYT Netherlands' Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of MYT Netherlands Parent 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. MYT Netherlands' Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MYT Netherlands' 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  

MYT Price To Book Ratio Regression Statistics

Arithmetic Mean15.75
Geometric Mean8.90
Coefficient Of Variation69.53
Mean Deviation9.22
Median21.04
Standard Deviation10.95
Sample Variance119.91
Range36.3201
R-Value(0.66)
Mean Square Error72.16
R-Squared0.44
Significance0.01
Slope(1.63)
Total Sum of Squares1,679

MYT Price To Book Ratio History

2024 0.89
2023 0.94
2022 0.71
2021 1.88
2020 5.14
2019 37.03
2018 21.3

About MYT Netherlands Financial Statements

MYT Netherlands stakeholders use historical fundamental indicators, such as MYT Netherlands' Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although MYT Netherlands investors may analyze each financial statement separately, they are all interrelated. For example, changes in MYT Netherlands' assets and liabilities are reflected in the revenues and expenses on MYT Netherlands' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MYT Netherlands Parent. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 0.94  0.89 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether MYT Netherlands Parent is a strong investment it is important to analyze MYT Netherlands' 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 MYT Netherlands' future performance. For an informed investment choice regarding MYT Stock, refer to the following important reports:
Check out the analysis of MYT Netherlands Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Apparel, Accessories & Luxury Goods 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 MYT Netherlands. If investors know MYT 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 MYT Netherlands 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
(0.91)
Earnings Share
(0.44)
Revenue Per Share
9.687
Quarterly Revenue Growth
0.104
Return On Assets
(0.01)
The market value of MYT Netherlands Parent is measured differently than its book value, which is the value of MYT that is recorded on the company's balance sheet. Investors also form their own opinion of MYT Netherlands' value that differs from its market value or its book value, called intrinsic value, which is MYT Netherlands' 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 MYT Netherlands' market value can be influenced by many factors that don't directly affect MYT Netherlands' 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 MYT Netherlands' value and its price as these two are different measures arrived at by different means. Investors typically determine if MYT Netherlands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYT Netherlands' 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.