Target Price Earnings Ratio from 2010 to 2024

TGAA Stock  USD 11.35  0.03  0.27%   
Target Global's Price Earnings Ratio is increasing over the years with slightly volatile fluctuation. Overall, Price Earnings Ratio is expected to go to 56.02 this year. From 2010 to 2024 Target Global Price Earnings Ratio quarterly data regression line had arithmetic mean of (1,870) and r-squared of  0.48. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
53.35543867
Current Value
56.02
Quarterly Volatility
995.90058471
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Target Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Target Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 3.7 M or Selling General Administrative of 1.3 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 5.45. Target financial statements analysis is a perfect complement when working with Target Global Valuation or Volatility modules.
  
Check out the analysis of Target Global Correlation against competitors.

Latest Target Global's Price Earnings Ratio Growth Pattern

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

Target Price Earnings Ratio Regression Statistics

Arithmetic Mean(1,870)
Geometric Mean1,108
Coefficient Of Variation(53.27)
Mean Deviation769.70
Median(2,351)
Standard Deviation995.90
Sample Variance991,818
Range2.4K
R-Value0.69
Mean Square Error553,099
R-Squared0.48
Significance0
Slope154.63
Total Sum of Squares13.9M

Target Price Earnings Ratio History

2024 56.02
2023 53.36
2022 54.75

About Target Global Financial Statements

Target Global stakeholders use historical fundamental indicators, such as Target Global's Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Target Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in Target Global's assets and liabilities are reflected in the revenues and expenses on Target Global'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 Target Global Acquisition. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings Ratio 53.36  56.02 

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When determining whether Target Global Acquisition is a strong investment it is important to analyze Target Global'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 Target Global's future performance. For an informed investment choice regarding Target Stock, refer to the following important reports:
Check out the analysis of Target Global Correlation against competitors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Asset Management & Custody 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 Target Global. If investors know Target 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 Target Global 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
0.313
Earnings Share
0.14
Return On Assets
(0.03)
The market value of Target Global Acquisition is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target Global's value that differs from its market value or its book value, called intrinsic value, which is Target Global'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 Target Global's market value can be influenced by many factors that don't directly affect Target Global'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 Target Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target Global'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.