Tourmaline Price Earnings To Growth Ratio from 2010 to 2024

TRML Stock   25.66  0.38  1.46%   
Tourmaline Bio Price Earnings To Growth Ratio yearly trend continues to be quite stable with very little volatility. Price Earnings To Growth Ratio may rise above -0.0034 this year. From the period between 2010 and 2024, Tourmaline Bio, Price Earnings To Growth Ratio regression line of its data series had standard deviation of  4,749 and standard deviation of  4,749. View All Fundamentals
 
Price Earnings To Growth Ratio  
First Reported
2010-12-31
Previous Quarter
(0)
Current Value
(0)
Quarterly Volatility
4.7 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tourmaline Bio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tourmaline Bio's main balance sheet or income statement drivers, such as Depreciation And Amortization of 31.4 K, Other Operating Expenses of 23.4 M or Research Development of 17.3 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.64. Tourmaline financial statements analysis is a perfect complement when working with Tourmaline Bio Valuation or Volatility modules.
  
Check out the analysis of Tourmaline Bio Correlation against competitors.
For more information on how to buy Tourmaline Stock please use our How to buy in Tourmaline Stock guide.

Latest Tourmaline Bio's Price Earnings To Growth Ratio Growth Pattern

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

Tourmaline Price Earnings To Growth Ratio Regression Statistics

Arithmetic Mean1,226
Geometric Mean0.01
Coefficient Of Variation387.30
Mean Deviation2,289
Median(0.01)
Standard Deviation4,749
Sample Variance22.6M
Range18.4K
R-Value0.25
Mean Square Error22.8M
R-Squared0.06
Significance0.37
Slope262.77
Total Sum of Squares315.8M

Tourmaline Price Earnings To Growth Ratio History

2024 -0.003441
2023 -0.003622
2022 -1.1E-5
202118.4 K

About Tourmaline Bio Financial Statements

Tourmaline Bio investors utilize fundamental indicators, such as Price Earnings To Growth Ratio, to predict how Tourmaline 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

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When determining whether Tourmaline Bio is a strong investment it is important to analyze Tourmaline Bio'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 Tourmaline Bio's future performance. For an informed investment choice regarding Tourmaline Stock, refer to the following important reports:
Check out the analysis of Tourmaline Bio Correlation against competitors.
For more information on how to buy Tourmaline Stock please use our How to buy in Tourmaline Stock guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Biotechnology 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 Tourmaline Bio. If investors know Tourmaline 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 Tourmaline Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.49)
Return On Assets
(0.24)
Return On Equity
(0.32)
The market value of Tourmaline Bio is measured differently than its book value, which is the value of Tourmaline that is recorded on the company's balance sheet. Investors also form their own opinion of Tourmaline Bio's value that differs from its market value or its book value, called intrinsic value, which is Tourmaline Bio'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 Tourmaline Bio's market value can be influenced by many factors that don't directly affect Tourmaline Bio'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 Tourmaline Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tourmaline Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tourmaline Bio'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.