Watts Pb Ratio from 2010 to 2024

WTS Stock  USD 210.80  4.24  2.05%   
Watts Water PB Ratio yearly trend continues to be comparatively stable with very little volatility. PB Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Watts Water PB Ratio quarterly data regression had r-value of  0.91 and coefficient of variation of  39.56. View All Fundamentals
 
PB Ratio  
First Reported
2010-12-31
Previous Quarter
4.59826604
Current Value
4.83
Quarterly Volatility
1.23392372
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Watts Water financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Watts Water's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.5 M, Interest Expense of 7.8 M or Total Revenue of 1.1 B, as well as many indicators such as Price To Sales Ratio of 3.55, Dividend Yield of 0.0131 or PTB Ratio of 4.83. Watts financial statements analysis is a perfect complement when working with Watts Water Valuation or Volatility modules.
  
Check out the analysis of Watts Water Correlation against competitors.

Latest Watts Water's Pb Ratio Growth Pattern

Below is the plot of the Pb Ratio of Watts Water Technologies over the last few years. It is Watts Water's PB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Watts Water's overall financial position and show how it may be relating to other accounts over time.
Pb Ratio10 Years Trend
Slightly volatile
   Pb Ratio   
       Timeline  

Watts Pb Ratio Regression Statistics

Arithmetic Mean3.12
Geometric Mean2.89
Coefficient Of Variation39.56
Mean Deviation0.99
Median3.06
Standard Deviation1.23
Sample Variance1.52
Range4.2068
R-Value0.91
Mean Square Error0.29
R-Squared0.83
Slope0.25
Total Sum of Squares21.32

Watts Pb Ratio History

2024 4.83
2023 4.6
2022 3.77
2021 5.59
2020 3.86
2019 3.48
2018 2.49

About Watts Water Financial Statements

Watts Water shareholders use historical fundamental indicators, such as Pb Ratio, to determine how well the company is positioned to perform in the future. Although Watts Water investors may analyze each financial statement separately, they are all interrelated. The changes in Watts Water's assets and liabilities, for example, are also reflected in the revenues and expenses on on Watts Water'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
PB Ratio 4.60  4.83 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Watts Stock Analysis

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