Taitron Price To Book Ratio from 2010 to 2024
| TAIT Stock | USD 2.57 0.07 2.65% |
Price To Book Ratio | First Reported 2010-12-31 | Previous Quarter 1.25860166 | Current Value 1.26 | Quarterly Volatility 2.02707313 |
Check Taitron Components financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Taitron Components' main balance sheet or income statement drivers, such as Depreciation And Amortization of 202 K, Interest Expense of 184.2 K or Total Revenue of 10.8 M, as well as many indicators such as Price To Sales Ratio of 3.64, Dividend Yield of 0.0435 or PTB Ratio of 1.26. Taitron financial statements analysis is a perfect complement when working with Taitron Components Valuation or Volatility modules.
Taitron | Price To Book Ratio |
Latest Taitron Components' Price To Book Ratio Growth Pattern
Below is the plot of the Price To Book Ratio of Taitron Components Incorporated over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. Taitron Components' Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Taitron Components' overall financial position and show how it may be relating to other accounts over time.
| Price To Book Ratio | 10 Years Trend |
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Price To Book Ratio |
| Timeline |
Taitron Price To Book Ratio Regression Statistics
| Arithmetic Mean | 1.37 | |
| Geometric Mean | 0.85 | |
| Coefficient Of Variation | 148.43 | |
| Mean Deviation | 0.99 | |
| Median | 0.79 | |
| Standard Deviation | 2.03 | |
| Sample Variance | 4.11 | |
| Range | 8.1768 | |
| R-Value | (0.24) | |
| Mean Square Error | 4.18 | |
| R-Squared | 0.06 | |
| Significance | 0.40 | |
| Slope | (0.11) | |
| Total Sum of Squares | 57.53 |
Taitron Price To Book Ratio History
About Taitron Components Financial Statements
Taitron Components shareholders use historical fundamental indicators, such as Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Taitron Components investors may analyze each financial statement separately, they are all interrelated. The changes in Taitron Components' assets and liabilities, for example, are also reflected in the revenues and expenses on on Taitron Components' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price To Book Ratio | 1.26 | 1.26 |
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Additional Tools for Taitron Stock Analysis
When running Taitron Components' price analysis, check to measure Taitron Components' 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 Taitron Components is operating at the current time. Most of Taitron Components' value examination focuses on studying past and present price action to predict the probability of Taitron Components' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taitron Components' price. Additionally, you may evaluate how the addition of Taitron Components to your portfolios can decrease your overall portfolio volatility.