Rumble Ptb Ratio from 2010 to 2024

RUM Stock  USD 7.31  0.82  12.63%   
Rumble PTB Ratio yearly trend continues to be very stable with very little volatility. PTB Ratio is likely to drop to 3.41. 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 Rumble's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
3.59456603
Current Value
3.41
Quarterly Volatility
2.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rumble financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rumble's main balance sheet or income statement drivers, such as Net Interest Income of 16.3 M, Depreciation And Amortization of 5.9 M or Interest Expense of 1.2 M, as well as many indicators such as Price To Sales Ratio of 10.61, Dividend Yield of 0.0 or PTB Ratio of 3.41. Rumble financial statements analysis is a perfect complement when working with Rumble Valuation or Volatility modules.
  
Check out the analysis of Rumble Correlation against competitors.

Latest Rumble's Ptb Ratio Growth Pattern

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

Rumble Ptb Ratio Regression Statistics

Arithmetic Mean3,179
Coefficient Of Variation78.94
Mean Deviation2,269
Median4,881
Standard Deviation2,509
Sample Variance6.3M
Range6.1K
R-Value(0.80)
Mean Square Error2.5M
R-Squared0.64
Significance0.0004
Slope(447.33)
Total Sum of Squares88.2M

Rumble Ptb Ratio History

2024 3.41
2023 3.59
2022 4.25
2021 99.55
2020 -1233.28

About Rumble Financial Statements

Rumble investors utilize fundamental indicators, such as Ptb Ratio, to predict how Rumble Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
PTB Ratio 3.59  3.41 

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When determining whether Rumble Inc is a strong investment it is important to analyze Rumble's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rumble's future performance. For an informed investment choice regarding Rumble Stock, refer to the following important reports:
Check out the analysis of Rumble Correlation against competitors.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rumble. If investors know Rumble will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rumble listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.65)
Revenue Per Share
0.388
Quarterly Revenue Growth
(0.10)
Return On Assets
(0.31)
Return On Equity
(0.52)
The market value of Rumble Inc is measured differently than its book value, which is the value of Rumble that is recorded on the company's balance sheet. Investors also form their own opinion of Rumble's value that differs from its market value or its book value, called intrinsic value, which is Rumble's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rumble's market value can be influenced by many factors that don't directly affect Rumble's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rumble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rumble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rumble's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.