Sportradar Price Book Value Ratio from 2010 to 2024

SRAD Stock  USD 17.13  0.07  0.41%   
Sportradar Group's Price Book Value Ratio is decreasing over the years with slightly volatile fluctuation. Price Book Value Ratio is expected to dwindle to 3.40. During the period from 2010 to 2024 Sportradar Group Price Book Value Ratio annual values regression line had geometric mean of  22.26 and mean square error of  117.43. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
3.57451719
Current Value
3.4
Quarterly Volatility
17.21002978
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sportradar Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sportradar Group's main balance sheet or income statement drivers, such as Tax Provision of 13.2 M, Interest Income of 6.4 M or Depreciation And Amortization of 170.2 M, as well as many indicators such as Price To Sales Ratio of 3.36, Dividend Yield of 0.0 or PTB Ratio of 3.4. Sportradar financial statements analysis is a perfect complement when working with Sportradar Group Valuation or Volatility modules.
  
Check out the analysis of Sportradar Group Correlation against competitors.

Latest Sportradar Group's Price Book Value Ratio Growth Pattern

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

Sportradar Price Book Value Ratio Regression Statistics

Arithmetic Mean31.57
Geometric Mean22.26
Coefficient Of Variation54.52
Mean Deviation14.64
Median42.08
Standard Deviation17.21
Sample Variance296.19
Range38.6812
R-Value(0.79)
Mean Square Error117.43
R-Squared0.63
Significance0.0004
Slope(3.06)
Total Sum of Squares4,147

Sportradar Price Book Value Ratio History

2024 3.4
2023 3.57
2022 3.67
2021 5.79
2020 36.25

About Sportradar Group Financial Statements

Sportradar Group stakeholders use historical fundamental indicators, such as Sportradar Group's Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Sportradar Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sportradar Group's assets and liabilities are reflected in the revenues and expenses on Sportradar Group's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Sportradar Group AG. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 3.57  3.40 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Sportradar Group is a strong investment it is important to analyze Sportradar Group'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 Sportradar Group's future performance. For an informed investment choice regarding Sportradar Stock, refer to the following important reports:
Check out the analysis of Sportradar Group Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Hotels, Restaurants & Leisure 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 Sportradar Group. If investors know Sportradar 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 Sportradar Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.364
Earnings Share
0.14
Revenue Per Share
3.506
Quarterly Revenue Growth
0.269
Return On Assets
0.0373
The market value of Sportradar Group is measured differently than its book value, which is the value of Sportradar that is recorded on the company's balance sheet. Investors also form their own opinion of Sportradar Group's value that differs from its market value or its book value, called intrinsic value, which is Sportradar Group'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 Sportradar Group's market value can be influenced by many factors that don't directly affect Sportradar Group'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 Sportradar Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sportradar Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sportradar Group'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.