CleanCore Ptb Ratio from 2010 to 2024

ZONE Stock   1.60  0.10  6.67%   
CleanCore Solutions' PTB Ratio is increasing over the years with slightly volatile fluctuation. Overall, PTB Ratio is expected to go to 2.65 this year. PTB Ratio 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 CleanCore Solutions' equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
2.5268325
Current Value
2.65
Quarterly Volatility
3.38128945
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CleanCore Solutions financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CleanCore Solutions' main balance sheet or income statement drivers, such as Depreciation And Amortization of 85.3 K, Interest Expense of 306.6 K or Selling General Administrative of 3 M, as well as many indicators such as Price To Sales Ratio of 10.0, Dividend Yield of 0.0 or PTB Ratio of 2.65. CleanCore financial statements analysis is a perfect complement when working with CleanCore Solutions Valuation or Volatility modules.
  
Check out the analysis of CleanCore Solutions Correlation against competitors.
For information on how to trade CleanCore Stock refer to our How to Trade CleanCore Stock guide.

Latest CleanCore Solutions' Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of CleanCore Solutions 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. CleanCore Solutions' PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CleanCore Solutions' overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Slightly volatile
   Ptb Ratio   
       Timeline  

CleanCore Ptb Ratio Regression Statistics

Arithmetic Mean(3.21)
Geometric Mean4.43
Coefficient Of Variation(105.26)
Mean Deviation2.59
Median(4.85)
Standard Deviation3.38
Sample Variance11.43
Range9.464
R-Value0.68
Mean Square Error6.54
R-Squared0.47
Significance0
Slope0.52
Total Sum of Squares160.06

CleanCore Ptb Ratio History

2024 2.65
2023 2.53
2022 4.61
2021 -4.63

About CleanCore Solutions Financial Statements

CleanCore Solutions stakeholders use historical fundamental indicators, such as CleanCore Solutions' Ptb Ratio, to determine how well the company is positioned to perform in the future. Although CleanCore Solutions investors may analyze each financial statement separately, they are all interrelated. For example, changes in CleanCore Solutions' assets and liabilities are reflected in the revenues and expenses on CleanCore Solutions' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CleanCore Solutions. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 2.53  2.65 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether CleanCore Solutions is a strong investment it is important to analyze CleanCore Solutions' 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 CleanCore Solutions' future performance. For an informed investment choice regarding CleanCore Stock, refer to the following important reports:
Check out the analysis of CleanCore Solutions Correlation against competitors.
For information on how to trade CleanCore Stock refer to our How to Trade CleanCore Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Environmental & Facilities Services 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 CleanCore Solutions. If investors know CleanCore 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 CleanCore Solutions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.07)
Revenue Per Share
0.392
Quarterly Revenue Growth
(0.49)
Return On Assets
(0.15)
Return On Equity
(1.26)
The market value of CleanCore Solutions is measured differently than its book value, which is the value of CleanCore that is recorded on the company's balance sheet. Investors also form their own opinion of CleanCore Solutions' value that differs from its market value or its book value, called intrinsic value, which is CleanCore Solutions' 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 CleanCore Solutions' market value can be influenced by many factors that don't directly affect CleanCore Solutions' 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 CleanCore Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if CleanCore Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CleanCore Solutions' 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.