Syntec Price To Book Ratio from 2010 to 2024

OPTX Stock   0.88  0.01  1.15%   
Syntec Optics Price To Book Ratio yearly trend continues to be fairly stable with very little volatility. Price To Book Ratio will likely drop to 10.78 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
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' Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Syntec Optics Holdings 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. Syntec Optics' Price To Book 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.
Price To Book Ratio10 Years Trend
Very volatile
   Price To Book Ratio   
       Timeline  

Syntec Price To Book 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 Price To Book 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' Price To Book 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
Price To Book 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.