TriCo Ptb Ratio from 2010 to 2024
TCBK Stock | USD 48.95 1.52 3.20% |
PTB Ratio | First Reported 2010-12-31 | Previous Quarter 1.23570518 | Current Value 1.71 | Quarterly Volatility 0.26742303 |
Check TriCo Bancshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TriCo Bancshares' main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.8 M, Interest Expense of 85.8 M or Selling General Administrative of 159.5 M, as well as many indicators such as Price To Sales Ratio of 2.38, Dividend Yield of 0.0288 or PTB Ratio of 1.71. TriCo financial statements analysis is a perfect complement when working with TriCo Bancshares Valuation or Volatility modules.
TriCo | Ptb Ratio |
Latest TriCo Bancshares' Ptb Ratio Growth Pattern
Below is the plot of the Ptb Ratio of TriCo Bancshares 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. TriCo Bancshares' PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TriCo Bancshares' overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio | 10 Years Trend |
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Ptb Ratio |
Timeline |
TriCo Ptb Ratio Regression Statistics
Arithmetic Mean | 1.36 | |
Geometric Mean | 1.33 | |
Coefficient Of Variation | 19.69 | |
Mean Deviation | 0.23 | |
Median | 1.28 | |
Standard Deviation | 0.27 | |
Sample Variance | 0.07 | |
Range | 0.7683 | |
R-Value | 0.28 | |
Mean Square Error | 0.07 | |
R-Squared | 0.08 | |
Significance | 0.32 | |
Slope | 0.02 | |
Total Sum of Squares | 1.00 |
TriCo Ptb Ratio History
About TriCo Bancshares Financial Statements
TriCo Bancshares investors utilize fundamental indicators, such as Ptb Ratio, to predict how TriCo 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 Reported | Projected for Next Year | ||
PTB Ratio | 1.24 | 1.71 |
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Is Regional Banks 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 TriCo Bancshares. If investors know TriCo 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 TriCo Bancshares 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 (0.04) | Dividend Share 1.29 | Earnings Share 3.36 | Revenue Per Share 11.678 | Quarterly Revenue Growth (0.01) |
The market value of TriCo Bancshares is measured differently than its book value, which is the value of TriCo that is recorded on the company's balance sheet. Investors also form their own opinion of TriCo Bancshares' value that differs from its market value or its book value, called intrinsic value, which is TriCo Bancshares' 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 TriCo Bancshares' market value can be influenced by many factors that don't directly affect TriCo Bancshares' 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 TriCo Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if TriCo Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TriCo Bancshares' 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.