Raytech Pe Ratio from 2010 to 2024

RAY Stock   1.36  0.13  8.72%   
Raytech Holding PE Ratio yearly trend continues to be fairly stable with very little volatility. PE Ratio will likely drop to 50.63 in 2024. During the period from 2010 to 2024, Raytech Holding PE Ratio regression line of annual values had r-squared of  0.12 and arithmetic mean of  162.09. View All Fundamentals
 
PE Ratio  
First Reported
2010-12-31
Previous Quarter
53.29517154
Current Value
50.63
Quarterly Volatility
184.95534383
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Raytech Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Raytech Holding's main balance sheet or income statement drivers, such as Tax Provision of 1.9 M, Net Interest Income of 1.5 M or Interest Income of 1.5 M, as well as many indicators such as Price To Sales Ratio of 7.51, Dividend Yield of 3.0E-4 or PTB Ratio of 16.19. Raytech financial statements analysis is a perfect complement when working with Raytech Holding Valuation or Volatility modules.
  
Check out the analysis of Raytech Holding Correlation against competitors.

Latest Raytech Holding's Pe Ratio Growth Pattern

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

Raytech Pe Ratio Regression Statistics

Arithmetic Mean162.09
Geometric Mean118.03
Coefficient Of Variation114.11
Mean Deviation117.03
Median102.32
Standard Deviation184.96
Sample Variance34,208
Range673
R-Value0.34
Mean Square Error32,544
R-Squared0.12
Significance0.21
Slope14.12
Total Sum of Squares478,919

Raytech Pe Ratio History

2024 50.63
2023 53.3
2022 723.79
2021 478.08

About Raytech Holding Financial Statements

Raytech Holding investors use historical fundamental indicators, such as Raytech Holding's Pe 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 Raytech Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PE Ratio 53.30  50.63 

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 Raytech Stock Analysis

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