Rectitude Ptb Ratio from 2010 to 2024

RECT Stock   3.75  0.05  1.35%   
Rectitude Holdings PTB Ratio yearly trend continues to be comparatively stable with very little volatility. PTB Ratio will likely drop to 7.22 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 Rectitude Holdings' equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
8.22002886
Current Value
7.22
Quarterly Volatility
1.26881612
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rectitude Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rectitude Holdings' main balance sheet or income statement drivers, such as Tax Provision of 770.6 K, Depreciation And Amortization of 1.1 M or Interest Expense of 174.6 K, as well as many indicators such as Price To Sales Ratio of 2.74, Dividend Yield of 0.0319 or PTB Ratio of 7.22. Rectitude financial statements analysis is a perfect complement when working with Rectitude Holdings Valuation or Volatility modules.
  
Check out the analysis of Rectitude Holdings Correlation against competitors.

Latest Rectitude Holdings' Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Rectitude Holdings Ltd 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. Rectitude Holdings' PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rectitude Holdings' overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Slightly volatile
   Ptb Ratio   
       Timeline  

Rectitude Ptb Ratio Regression Statistics

Arithmetic Mean7.41
Geometric Mean7.33
Coefficient Of Variation17.12
Mean Deviation0.70
Median6.99
Standard Deviation1.27
Sample Variance1.61
Range4.8616
R-Value0.42
Mean Square Error1.43
R-Squared0.18
Significance0.12
Slope0.12
Total Sum of Squares22.54

Rectitude Ptb Ratio History

2024 7.22
2023 8.22
2022 11.85

About Rectitude Holdings Financial Statements

Rectitude Holdings shareholders use historical fundamental indicators, such as Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Rectitude Holdings investors may analyze each financial statement separately, they are all interrelated. The changes in Rectitude Holdings' assets and liabilities, for example, are also reflected in the revenues and expenses on on Rectitude Holdings' 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 8.22  7.22 

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Additional Tools for Rectitude Stock Analysis

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