Tanzanian Price Book Value Ratio from 2010 to 2024

TRX Stock  USD 0.35  0.01  2.78%   
Tanzanian Royalty Price Book Value Ratio yearly trend continues to be fairly stable with very little volatility. Price Book Value Ratio will likely drop to 2.24 in 2024. During the period from 2010 to 2024, Tanzanian Royalty Price Book Value Ratio regression line of annual values had r-squared of  0.24 and arithmetic mean of  4.44. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
2.36
Current Value
2.24
Quarterly Volatility
2.8906987
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tanzanian Royalty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tanzanian Royalty's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 M, Interest Expense of 2.1 M or Selling General Administrative of 9.1 M, as well as many indicators such as Price To Sales Ratio of 3.15, Dividend Yield of 0.0 or PTB Ratio of 2.24. Tanzanian financial statements analysis is a perfect complement when working with Tanzanian Royalty Valuation or Volatility modules.
  
Check out the analysis of Tanzanian Royalty Correlation against competitors.

Latest Tanzanian Royalty's Price Book Value Ratio Growth Pattern

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

Tanzanian Price Book Value Ratio Regression Statistics

Arithmetic Mean4.44
Geometric Mean3.62
Coefficient Of Variation65.11
Mean Deviation2.53
Median2.63
Standard Deviation2.89
Sample Variance8.36
Range8.8835
R-Value(0.49)
Mean Square Error6.80
R-Squared0.24
Significance0.06
Slope(0.32)
Total Sum of Squares116.99

Tanzanian Price Book Value Ratio History

2023 2.36
2022 2.05
2021 2.63
2020 2.01
2019 7.39
2018 10.12
2017 2.24

About Tanzanian Royalty Financial Statements

Tanzanian Royalty investors use historical fundamental indicators, such as Tanzanian Royalty'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 Tanzanian Royalty. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 2.36  2.24 

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Additional Tools for Tanzanian Stock Analysis

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