Rackspace Price Book Value Ratio from 2010 to 2024

RXT Stock  USD 2.38  0.06  2.59%   
Rackspace Technology Price Book Value Ratio yearly trend continues to be comparatively stable with very little volatility. Price Book Value Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Rackspace Technology Price Book Value Ratio quarterly data regression had r-value of (0.15) and coefficient of variation of  379.54. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
(2.79)
Current Value
(2.65)
Quarterly Volatility
1.65068747
 
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Yuan Drop
 
Covid
Check Rackspace Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rackspace Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 439.8 M, Interest Expense of 198.6 M or Selling General Administrative of 686.5 M, as well as many indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0 or Days Sales Outstanding of 45.43. Rackspace financial statements analysis is a perfect complement when working with Rackspace Technology Valuation or Volatility modules.
  
Check out the analysis of Rackspace Technology Correlation against competitors.
For more information on how to buy Rackspace Stock please use our How to Invest in Rackspace Technology guide.

Latest Rackspace Technology's Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of Rackspace Technology over the last few years. It is Rackspace Technology's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rackspace Technology's overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio10 Years Trend
Pretty Stable
   Price Book Value Ratio   
       Timeline  

Rackspace Price Book Value Ratio Regression Statistics

Arithmetic Mean0.43
Geometric Mean0.67
Coefficient Of Variation379.54
Mean Deviation1.01
Median0.30
Standard Deviation1.65
Sample Variance2.72
Range6.5086
R-Value(0.15)
Mean Square Error2.87
R-Squared0.02
Significance0.61
Slope(0.05)
Total Sum of Squares38.15

Rackspace Price Book Value Ratio History

2024 -2.65
2023 -2.79
2022 0.99
2021 2.11
2020 2.47
2019 3.72

About Rackspace Technology Financial Statements

Rackspace Technology shareholders use historical fundamental indicators, such as Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Rackspace Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Rackspace Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Rackspace Technology'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
Price Book Value Ratio(2.79)(2.65)

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Additional Tools for Rackspace Stock Analysis

When running Rackspace Technology's price analysis, check to measure Rackspace 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 Rackspace Technology is operating at the current time. Most of Rackspace Technology's value examination focuses on studying past and present price action to predict the probability of Rackspace 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 Rackspace Technology's price. Additionally, you may evaluate how the addition of Rackspace Technology to your portfolios can decrease your overall portfolio volatility.