Welsbach Price To Book Ratio from 2010 to 2024

WTMAU Stock  USD 11.27  0.00  0.00%   
Welsbach Technology Price To Book Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Book Ratio is likely to outpace its year average in 2024. 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
4.76083126
Current Value
5
Quarterly Volatility
1.31471185
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Welsbach Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Welsbach Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 M, Interest Expense of 1.4 M or Selling General Administrative of 1.9 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 5.0. Welsbach financial statements analysis is a perfect complement when working with Welsbach Technology Valuation or Volatility modules.
  
Check out the analysis of Welsbach Technology Correlation against competitors.

Latest Welsbach Technology's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Welsbach Technology Metals 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. Welsbach Technology's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Welsbach Technology'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  

Welsbach Price To Book Ratio Regression Statistics

Arithmetic Mean1.70
Geometric Mean1.40
Coefficient Of Variation77.19
Mean Deviation0.85
Median1.29
Standard Deviation1.31
Sample Variance1.73
Range4.6837
R-Value0.51
Mean Square Error1.38
R-Squared0.26
Significance0.05
Slope0.15
Total Sum of Squares24.20

Welsbach Price To Book Ratio History

2024 5.0
2023 4.76
2022 0.32

About Welsbach Technology Financial Statements

Welsbach Technology shareholders use historical fundamental indicators, such as Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Welsbach Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Welsbach Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Welsbach Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Book Ratio 4.76  5.00 

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Additional Tools for Welsbach Stock Analysis

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