PHX Pb Ratio from 2010 to 2024

PHX Stock  USD 3.74  0.04  1.08%   
PHX Minerals PB Ratio yearly trend continues to be fairly stable with very little volatility. PB Ratio will likely drop to 0.80 in 2024. During the period from 2010 to 2024, PHX Minerals PB Ratio regression line of annual values had r-squared of  0.40 and arithmetic mean of  1.97. View All Fundamentals
 
PB Ratio  
First Reported
2010-12-31
Previous Quarter
0.85
Current Value
0.8
Quarterly Volatility
1.15339575
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PHX Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PHX Minerals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.1 M, Total Revenue of 33.6 M or Gross Profit of 20 M, as well as many indicators such as Price To Sales Ratio of 3.14, Dividend Yield of 0.0242 or PTB Ratio of 0.8. PHX financial statements analysis is a perfect complement when working with PHX Minerals Valuation or Volatility modules.
  
Check out the analysis of PHX Minerals Correlation against competitors.
For more information on how to buy PHX Stock please use our How to Invest in PHX Minerals guide.

Latest PHX Minerals' Pb Ratio Growth Pattern

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

PHX Pb Ratio Regression Statistics

Arithmetic Mean1.97
Geometric Mean1.62
Coefficient Of Variation58.45
Mean Deviation1.00
Median2.13
Standard Deviation1.15
Sample Variance1.33
Range3.8036
R-Value(0.63)
Mean Square Error0.86
R-Squared0.40
Significance0.01
Slope(0.16)
Total Sum of Squares18.62

PHX Pb Ratio History

2024 0.8
2023 0.85
2022 0.94
2021 1.03
2020 1.01
2019 0.39
2018 2.95

About PHX Minerals Financial Statements

PHX Minerals investors use historical fundamental indicators, such as PHX Minerals' 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 PHX Minerals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PB Ratio 0.85  0.80 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for PHX Stock Analysis

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