Zions Ptb Ratio from 2010 to 2024
ZIONL Stock | USD 25.49 0.04 0.16% |
PTB Ratio | First Reported 2010-12-31 | Previous Quarter 1.16892782 | Current Value 1.69 | Quarterly Volatility 0.34505152 |
Check Zions Bancorporation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zions Bancorporation's main balance sheet or income statement drivers, such as Depreciation And Amortization of 101.4 M, Interest Expense of 1.6 B or Selling General Administrative of 677.4 M, as well as many indicators such as Price To Sales Ratio of 2.32, Dividend Yield of 0.022 or PTB Ratio of 1.69. Zions financial statements analysis is a perfect complement when working with Zions Bancorporation Valuation or Volatility modules.
Zions | Ptb Ratio |
Latest Zions Bancorporation's Ptb Ratio Growth Pattern
Below is the plot of the Ptb Ratio of Zions Bancorporation NA over the last few years. It is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value. Zions Bancorporation's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zions Bancorporation's overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio | 10 Years Trend |
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Ptb Ratio |
Timeline |
Zions Ptb Ratio Regression Statistics
Arithmetic Mean | 1.07 | |
Geometric Mean | 1.01 | |
Coefficient Of Variation | 32.30 | |
Mean Deviation | 0.28 | |
Median | 1.15 | |
Standard Deviation | 0.35 | |
Sample Variance | 0.12 | |
Range | 1.2649 | |
R-Value | 0.74 | |
Mean Square Error | 0.06 | |
R-Squared | 0.54 | |
Significance | 0 | |
Slope | 0.06 | |
Total Sum of Squares | 1.67 |
Zions Ptb Ratio History
About Zions Bancorporation Financial Statements
Zions Bancorporation investors utilize fundamental indicators, such as Ptb Ratio, to predict how Zions 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 Reported | Projected for Next Year | ||
PTB Ratio | 1.17 | 1.69 |
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Is Oil & Gas Exploration & Production 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 Zions Bancorporation. If investors know Zions 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 Zions Bancorporation 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 Zions Bancorporation is measured differently than its book value, which is the value of Zions that is recorded on the company's balance sheet. Investors also form their own opinion of Zions Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Zions Bancorporation'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 Zions Bancorporation's market value can be influenced by many factors that don't directly affect Zions Bancorporation'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 Zions Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zions Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zions Bancorporation'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.