Trex Ptb Ratio from 2010 to 2024

TREX Stock  USD 70.34  1.46  2.12%   
Trex PTB Ratio yearly trend continues to be fairly stable with very little volatility. PTB Ratio will likely drop to 6.33 in 2024. PTB Ratio 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 Trex's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
12.55479181
Current Value
6.33
Quarterly Volatility
4.45348056
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Trex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 52.7 M, Interest Expense of 4.8 K or Selling General Administrative of 67 M, as well as many indicators such as Price To Sales Ratio of 8.63, Dividend Yield of 0.0459 or PTB Ratio of 6.33. Trex financial statements analysis is a perfect complement when working with Trex Valuation or Volatility modules.
  
Check out the analysis of Trex Correlation against competitors.

Latest Trex's Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Trex Company 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. Trex's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Trex's overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Slightly volatile
   Ptb Ratio   
       Timeline  

Trex Ptb Ratio Regression Statistics

Arithmetic Mean11.20
Geometric Mean10.33
Coefficient Of Variation39.75
Mean Deviation3.35
Median11.69
Standard Deviation4.45
Sample Variance19.83
Range17.692
R-Value0.39
Mean Square Error18.16
R-Squared0.15
Significance0.15
Slope0.39
Total Sum of Squares277.67

Trex Ptb Ratio History

2024 6.33
2023 12.55
2022 9.12
2021 21.5
2020 16.49
2019 11.69
2018 10.17

About Trex Financial Statements

Trex investors use historical fundamental indicators, such as Trex's Ptb 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 Trex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 12.55  6.33 

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Additional Tools for Trex Stock Analysis

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