RLX Ptb Ratio from 2010 to 2024

RLX Stock  USD 1.78  0.04  2.20%   
RLX Technology PTB Ratio yearly trend continues to be fairly stable with very little volatility. PTB Ratio will likely drop to 1.16 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 RLX Technology's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
1.21778937
Current Value
1.16
Quarterly Volatility
23.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check RLX Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RLX Technology's main balance sheet or income statement drivers, such as Tax Provision of 17.3 M, Net Interest Income of 550.8 M or Interest Income of 659.3 M, as well as many indicators such as Price To Sales Ratio of 14.52, Dividend Yield of 0.0029 or PTB Ratio of 1.16. RLX financial statements analysis is a perfect complement when working with RLX Technology Valuation or Volatility modules.
  
Check out the analysis of RLX Technology Correlation against competitors.
For more information on how to buy RLX Stock please use our How to Invest in RLX Technology guide.

Latest RLX Technology's Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of RLX Technology 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. RLX Technology's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in RLX Technology'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  

RLX Ptb Ratio Regression Statistics

Arithmetic Mean28,765
Geometric Mean1,727
Coefficient Of Variation82.98
Mean Deviation22,584
Median47,585
Standard Deviation23,870
Sample Variance569.8M
Range47.6K
R-Value(0.86)
Mean Square Error164.8M
R-Squared0.73
Significance0.000048
Slope(4,565)
Total Sum of Squares8B

RLX Ptb Ratio History

2024 1.16
2023 1.22
2022 1.34
2021 2.57
2020 198.26
2019 3002.57

About RLX Technology Financial Statements

RLX Technology investors use historical fundamental indicators, such as RLX Technology's Ptb 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 RLX Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 1.22  1.16 

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Additional Tools for RLX Stock Analysis

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