Red Ptb Ratio from 2010 to 2024

RDVT Stock  USD 38.11  1.58  4.33%   
Red Violet PTB Ratio yearly trend continues to be comparatively stable with very little volatility. PTB Ratio will likely drop to 3.08 in 2024. PTB Ratio is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on Red Violet's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
3.24070137
Current Value
3.08
Quarterly Volatility
33.61573118
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Red Violet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red Violet's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 423.8 K or Selling General Administrative of 18.3 M, as well as many indicators such as Price To Sales Ratio of 4.4, Dividend Yield of 0.0 or PTB Ratio of 3.08. Red financial statements analysis is a perfect complement when working with Red Violet Valuation or Volatility modules.
  
Check out the analysis of Red Violet Correlation against competitors.
For more information on how to buy Red Stock please use our How to Invest in Red Violet guide.

Latest Red Violet's Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Red Violet over the last few years. It is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value. Red Violet's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Red Violet's overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Slightly volatile
   Ptb Ratio   
       Timeline  

Red Ptb Ratio Regression Statistics

Arithmetic Mean34.67
Geometric Mean16.61
Coefficient Of Variation96.97
Mean Deviation29.56
Median27.02
Standard Deviation33.62
Sample Variance1,130
Range75.9841
R-Value(0.92)
Mean Square Error189.00
R-Squared0.84
Slope(6.91)
Total Sum of Squares15,820

Red Ptb Ratio History

2024 3.08
2023 3.24
2022 4.46
2021 7.2
2020 7.15
2019 4.73
2018 1.91

About Red Violet Financial Statements

Red Violet shareholders use historical fundamental indicators, such as Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Red Violet investors may analyze each financial statement separately, they are all interrelated. The changes in Red Violet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Red Violet'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
PTB Ratio 3.24  3.08 

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Additional Tools for Red Stock Analysis

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