Novocure Pb Ratio from 2010 to 2024

NVCR Stock  USD 18.78  1.05  5.92%   
Novocure PB Ratio yearly trend continues to be relatively stable with very little volatility. PB Ratio is likely to drop to 4.16. During the period from 2010 to 2024, Novocure PB Ratio destribution of quarterly values had range of 34.9141 from its regression line and mean deviation of  8.79. View All Fundamentals
 
PB Ratio  
First Reported
2010-12-31
Previous Quarter
4.38189742
Current Value
4.16
Quarterly Volatility
11.26520998
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Novocure financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novocure's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.8 M, Interest Expense of 7.7 M or Selling General Administrative of 87.6 M, as well as many indicators such as Price To Sales Ratio of 2.96, Dividend Yield of 0.0 or PTB Ratio of 4.16. Novocure financial statements analysis is a perfect complement when working with Novocure Valuation or Volatility modules.
  
Check out the analysis of Novocure Correlation against competitors.
To learn how to invest in Novocure Stock, please use our How to Invest in Novocure guide.

Latest Novocure's Pb Ratio Growth Pattern

Below is the plot of the Pb Ratio of Novocure over the last few years. It is Novocure's PB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novocure's overall financial position and show how it may be relating to other accounts over time.
Pb Ratio10 Years Trend
Pretty Stable
   Pb Ratio   
       Timeline  

Novocure Pb Ratio Regression Statistics

Arithmetic Mean14.86
Geometric Mean11.19
Coefficient Of Variation75.82
Mean Deviation8.79
Median9.24
Standard Deviation11.27
Sample Variance126.90
Range34.9141
R-Value0.24
Mean Square Error128.85
R-Squared0.06
Significance0.39
Slope0.60
Total Sum of Squares1,777

Novocure Pb Ratio History

2024 4.16
2023 4.38
2022 17.4
2021 18.92
2020 36.65
2019 37.62
2018 27.39

About Novocure Financial Statements

Novocure shareholders use historical fundamental indicators, such as Pb Ratio, to determine how well the company is positioned to perform in the future. Although Novocure investors may analyze each financial statement separately, they are all interrelated. The changes in Novocure's assets and liabilities, for example, are also reflected in the revenues and expenses on on Novocure'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
PB Ratio 4.38  4.16 

Additional Tools for Novocure Stock Analysis

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