Tian Price Book Value Ratio from 2010 to 2024

TIRX Stock  USD 1.78  0.04  2.30%   
Tian Ruixiang Price Book Value Ratio yearly trend continues to be fairly stable with very little volatility. Price Book Value Ratio will likely drop to 0.09 in 2024. During the period from 2010 to 2024, Tian Ruixiang Price Book Value Ratio regression line of annual values had r-squared of  0.79 and arithmetic mean of  85.73. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
0.0989
Current Value
0.0939
Quarterly Volatility
88.15960511
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tian Ruixiang financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tian Ruixiang's main balance sheet or income statement drivers, such as Tax Provision of 126.5 K, Net Interest Income of 883.8 K or Interest Income of 883.8 K, as well as many indicators such as Price To Sales Ratio of 2.45, Dividend Yield of 0.0 or PTB Ratio of 0.0939. Tian financial statements analysis is a perfect complement when working with Tian Ruixiang Valuation or Volatility modules.
  
Check out the analysis of Tian Ruixiang Correlation against competitors.

Latest Tian Ruixiang's Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of Tian Ruixiang Holdings over the last few years. It is Tian Ruixiang's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tian Ruixiang'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  

Tian Price Book Value Ratio Regression Statistics

Arithmetic Mean85.73
Geometric Mean10.73
Coefficient Of Variation102.83
Mean Deviation84.79
Median17.06
Standard Deviation88.16
Sample Variance7,772
Range176
R-Value(0.89)
Mean Square Error1,792
R-Squared0.79
Significance0.000011
Slope(17.48)
Total Sum of Squares108,810

Tian Price Book Value Ratio History

2024 0.0939
2023 0.0989
2022 0.086
2021 0.22
2020 0.7
2019 14.83
2018 16.82

About Tian Ruixiang Financial Statements

Tian Ruixiang investors use historical fundamental indicators, such as Tian Ruixiang's Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Tian Ruixiang. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 0.10  0.09 

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Additional Tools for Tian Stock Analysis

When running Tian Ruixiang's price analysis, check to measure Tian Ruixiang'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 Tian Ruixiang is operating at the current time. Most of Tian Ruixiang's value examination focuses on studying past and present price action to predict the probability of Tian Ruixiang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tian Ruixiang's price. Additionally, you may evaluate how the addition of Tian Ruixiang to your portfolios can decrease your overall portfolio volatility.