Oil Price To Book Ratio from 2010 to 2024

OIS Stock  USD 5.44  0.08  1.49%   
Oil States Price To Book Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Book Ratio will likely drop to 0.57 in 2024. 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
0.59991276
Current Value
0.57
Quarterly Volatility
0.61651952
 
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Yuan Drop
 
Covid
Check Oil States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oil States' main balance sheet or income statement drivers, such as Interest Expense of 17.6 M, Total Revenue of 1.5 B or Gross Profit of 230.3 M, as well as many indicators such as Price To Sales Ratio of 0.78, Dividend Yield of 0.0039 or PTB Ratio of 0.57. Oil financial statements analysis is a perfect complement when working with Oil States Valuation or Volatility modules.
  
Check out the analysis of Oil States Correlation against competitors.

Latest Oil States' Price To Book Ratio Growth Pattern

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

Oil Price To Book Ratio Regression Statistics

Arithmetic Mean1.15
Geometric Mean0.98
Coefficient Of Variation53.78
Mean Deviation0.54
Median1.09
Standard Deviation0.62
Sample Variance0.38
Range1.7584
R-Value(0.85)
Mean Square Error0.11
R-Squared0.73
Significance0.000051
Slope(0.12)
Total Sum of Squares5.32

Oil Price To Book Ratio History

2023 0.6
2022 0.67
2021 0.43
2020 0.4
2019 0.79
2018 0.57
2017 1.25

About Oil States Financial Statements

Oil States shareholders use historical fundamental indicators, such as Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Oil States investors may analyze each financial statement separately, they are all interrelated. The changes in Oil States' assets and liabilities, for example, are also reflected in the revenues and expenses on on Oil States' 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
Price To Book Ratio 0.60  0.57 

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Additional Tools for Oil Stock Analysis

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