Onity Price To Book Ratio from 2010 to 2024

ONIT Stock   30.89  0.10  0.32%   
Onity Price To Book Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Book Ratio is likely to outpace its year average 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
0.46843491
Current Value
0.49
Quarterly Volatility
0.16023238
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Onity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Onity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.5 M, Total Revenue of 880.8 M or Gross Profit of 709.7 M, as well as many indicators such as Price To Sales Ratio of 0.16, Dividend Yield of 0.0 or PTB Ratio of 0.49. Onity financial statements analysis is a perfect complement when working with Onity Valuation or Volatility modules.
  
Check out the analysis of Onity Correlation against competitors.

Latest Onity's Price To Book Ratio Growth Pattern

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

Onity Price To Book Ratio Regression Statistics

Arithmetic Mean0.08
Geometric Mean0.04
Coefficient Of Variation189.05
Mean Deviation0.11
Median0.03
Standard Deviation0.16
Sample Variance0.03
Range0.4721
R-Value0.58
Mean Square Error0.02
R-Squared0.33
Significance0.02
Slope0.02
Total Sum of Squares0.36

Onity Price To Book Ratio History

2024 0.49
2023 0.47
2022 0.0179
2021 0.019
2020 0.0202
2019 0.0212
2018 0.0234

About Onity Financial Statements

Onity 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 Onity investors may analyze each financial statement separately, they are all interrelated. The changes in Onity's assets and liabilities, for example, are also reflected in the revenues and expenses on on Onity'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
Price To Book Ratio 0.47  0.49 

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Additional Tools for Onity Stock Analysis

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