TKO Price To Book Ratio from 2010 to 2024
| TKO Stock | 136.89 4.10 3.09% |
Price To Book Ratio | First Reported 2010-12-31 | Previous Quarter 1.64407668 | Current Value 1.56 | Quarterly Volatility 4.99402093 |
Check TKO Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TKO Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 89.2 M, Interest Expense of 251 M or Total Revenue of 1.1 B, as well as many indicators such as Price To Sales Ratio of 3.19, Dividend Yield of 0.0299 or PTB Ratio of 1.56. TKO financial statements analysis is a perfect complement when working with TKO Group Valuation or Volatility modules.
TKO | Price To Book Ratio |
Latest TKO Group's Price To Book Ratio Growth Pattern
Below is the plot of the Price To Book Ratio of TKO Group Holdings, 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. TKO Group's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TKO Group's 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 |
TKO Price To Book Ratio Regression Statistics
| Arithmetic Mean | 7.83 | |
| Geometric Mean | 6.37 | |
| Coefficient Of Variation | 63.77 | |
| Mean Deviation | 3.64 | |
| Median | 6.45 | |
| Standard Deviation | 4.99 | |
| Sample Variance | 24.94 | |
| Range | 16.8547 | |
| R-Value | (0.03) | |
| Mean Square Error | 26.83 | |
| R-Squared | 0.001 | |
| Significance | 0.91 | |
| Slope | (0.03) | |
| Total Sum of Squares | 349.16 |
TKO Price To Book Ratio History
About TKO Group Financial Statements
TKO Group investors utilize fundamental indicators, such as Price To Book Ratio, to predict how TKO 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 | ||
| Price To Book Ratio | 1.64 | 1.56 |
Pair Trading with TKO Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TKO Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TKO Group will appreciate offsetting losses from the drop in the long position's value.Moving against TKO Stock
The ability to find closely correlated positions to TKO Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TKO Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TKO Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TKO Group Holdings, to buy it.
The correlation of TKO Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TKO Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TKO Group Holdings, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TKO Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of TKO Group Correlation against competitors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Movies & Entertainment 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 TKO Group. If investors know TKO 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 TKO 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 (0.24) | Earnings Share (0.44) | Revenue Per Share 34.069 | Quarterly Revenue Growth 0.517 | Return On Assets 0.012 |
The market value of TKO Group Holdings, is measured differently than its book value, which is the value of TKO that is recorded on the company's balance sheet. Investors also form their own opinion of TKO Group's value that differs from its market value or its book value, called intrinsic value, which is TKO 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 TKO Group's market value can be influenced by many factors that don't directly affect TKO 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 TKO Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if TKO Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TKO 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.