TRINL Price To Book Ratio from 2010 to 2024

TRINL Stock  USD 25.00  0.40  1.57%   
TRINL Price To Book Ratio yearly trend continues to be quite stable with very little volatility. The value of Price To Book Ratio is projected to decrease to 0.88. Price To Book Ratio 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. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
0.92506938
Current Value
0.88
Quarterly Volatility
2.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TRINL financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TRINL's main balance sheet or income statement drivers, such as , as well as many indicators such as Price To Sales Ratio of 3.07, Dividend Yield of 0.0789 or PTB Ratio of 0.88. TRINL financial statements analysis is a perfect complement when working with TRINL Valuation or Volatility modules.
  
Check out the analysis of TRINL Correlation against competitors.
For more information on how to buy TRINL Stock please use our How to buy in TRINL Stock guide.

Latest TRINL's Price To Book Ratio Growth Pattern

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

TRINL Price To Book Ratio Regression Statistics

Arithmetic Mean3,779
Geometric Mean319.74
Coefficient Of Variation73.17
Mean Deviation2,519
Median5,668
Standard Deviation2,765
Sample Variance7.6M
Range5.7K
R-Value(0.82)
Mean Square Error2.7M
R-Squared0.67
Significance0.0002
Slope(505.98)
Total Sum of Squares107M

TRINL Price To Book Ratio History

2024 0.88
2023 0.93
2022 0.75
2021 1.07
2020 1.66

About TRINL Financial Statements

TRINL investors utilize fundamental indicators, such as Price To Book Ratio, to predict how TRINL 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 ReportedProjected for Next Year
Price To Book Ratio 0.93  0.88 

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When determining whether TRINL is a strong investment it is important to analyze TRINL'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 TRINL's future performance. For an informed investment choice regarding TRINL Stock, refer to the following important reports:
Check out the analysis of TRINL Correlation against competitors.
For more information on how to buy TRINL Stock please use our How to buy in TRINL Stock guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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 TRINL. If investors know TRINL 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 TRINL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of TRINL is measured differently than its book value, which is the value of TRINL that is recorded on the company's balance sheet. Investors also form their own opinion of TRINL's value that differs from its market value or its book value, called intrinsic value, which is TRINL'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 TRINL's market value can be influenced by many factors that don't directly affect TRINL'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 TRINL's value and its price as these two are different measures arrived at by different means. Investors typically determine if TRINL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TRINL'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.