Syntec Pb Ratio from 2010 to 2024

OPTX Stock   0.87  0.01  1.14%   
Syntec Optics PB Ratio yearly trend continues to be fairly stable with very little volatility. PB Ratio will likely drop to 10.78 in 2024. During the period from 2010 to 2024, Syntec Optics PB Ratio regression line of annual values had r-squared of  0.0001 and arithmetic mean of  18.89. View All Fundamentals
 
PB Ratio  
First Reported
2010-12-31
Previous Quarter
11.34740724
Current Value
10.78
Quarterly Volatility
6.09439428
 
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Yuan Drop
 
Covid
Check Syntec Optics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Syntec Optics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.4 M, Interest Expense of 434.7 K or Selling General Administrative of 6.7 M, as well as many indicators such as Price To Sales Ratio of 9.27, Dividend Yield of 8.0E-4 or PTB Ratio of 10.78. Syntec financial statements analysis is a perfect complement when working with Syntec Optics Valuation or Volatility modules.
  
Check out the analysis of Syntec Optics Correlation against competitors.

Latest Syntec Optics' Pb Ratio Growth Pattern

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

Syntec Pb Ratio Regression Statistics

Arithmetic Mean18.89
Geometric Mean18.18
Coefficient Of Variation32.26
Mean Deviation2.65
Median18.54
Standard Deviation6.09
Sample Variance37.14
Range28.0052
R-Value0.01
Mean Square Error39.99
R-Squared0.0001
Significance0.97
Slope0.01
Total Sum of Squares519.98

Syntec Pb Ratio History

2024 10.78
2023 11.35
2022 38.79

About Syntec Optics Financial Statements

Syntec Optics investors use historical fundamental indicators, such as Syntec Optics' Pb Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Syntec Optics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PB Ratio 11.35  10.78 

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Additional Tools for Syntec Stock Analysis

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