Nextdecade Ptb Ratio from 2010 to 2024

NEXT Stock  USD 7.24  0.05  0.70%   
Nextdecade Corp PTB Ratio yearly trend continues to be comparatively stable with very little volatility. PTB Ratio will likely drop to 3.06 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 Nextdecade Corp's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
3.22384162
Current Value
3.06
Quarterly Volatility
186.21655299
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nextdecade Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nextdecade Corp's main balance sheet or income statement drivers, such as Interest Expense of 88.9 M, Selling General Administrative of 117 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 1.0E-4 or PTB Ratio of 3.06. Nextdecade financial statements analysis is a perfect complement when working with Nextdecade Corp Valuation or Volatility modules.
  
Check out the analysis of Nextdecade Corp Correlation against competitors.
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Latest Nextdecade Corp's Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Nextdecade Corp 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. Nextdecade Corp's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nextdecade Corp'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  

Nextdecade Ptb Ratio Regression Statistics

Arithmetic Mean130.04
Geometric Mean11.53
Coefficient Of Variation143.20
Mean Deviation169.61
Median3.57
Standard Deviation186.22
Sample Variance34,677
Range384
R-Value(0.82)
Mean Square Error12,359
R-Squared0.67
Significance0.0002
Slope(34.06)
Total Sum of Squares485,472

Nextdecade Ptb Ratio History

2024 3.06
2023 3.22
2022 2.5
2021 1.8
2020 1.42
2019 3.57
2018 3.85

About Nextdecade Corp Financial Statements

Nextdecade Corp shareholders use historical fundamental indicators, such as Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Nextdecade Corp investors may analyze each financial statement separately, they are all interrelated. The changes in Nextdecade Corp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nextdecade Corp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
PTB Ratio 3.22  3.06 

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Additional Tools for Nextdecade Stock Analysis

When running Nextdecade Corp's price analysis, check to measure Nextdecade Corp'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 Nextdecade Corp is operating at the current time. Most of Nextdecade Corp's value examination focuses on studying past and present price action to predict the probability of Nextdecade Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextdecade Corp's price. Additionally, you may evaluate how the addition of Nextdecade Corp to your portfolios can decrease your overall portfolio volatility.