CLWT Stock | | | USD 1.44 0.02 1.41% |
Euro Tech financial indicator trend analysis is much more than just examining Euro Tech Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Euro Tech Holdings is a good investment. Please check the relationship between Euro Tech Pb Ratio and its Payout Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Euro Tech Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Pb Ratio vs Payout Ratio
Pb Ratio vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Euro Tech Holdings Pb Ratio account and
Payout Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Euro Tech's Pb Ratio and Payout Ratio is -0.65. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Euro Tech Holdings, assuming nothing else is changed. The correlation between historical values of Euro Tech's Pb Ratio and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Euro Tech Holdings are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Pb Ratio i.e., Euro Tech's Pb Ratio and Payout Ratio go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Pb Ratio
Payout Ratio
Payout Ratio is the proportion of Euro Tech Holdings earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Euro Tech Holdings dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Euro Tech Holdings is paying out more in dividends than it makes in net income.
Most indicators from Euro Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Euro Tech Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Euro Tech Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
At this time, Euro Tech's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 47.2
K in 2024, whereas
Enterprise Value Multiple is likely to drop 4.07 in 2024.
Euro Tech fundamental ratios Correlations
Click cells to compare fundamentals
Euro Tech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Euro Tech fundamental ratios Accounts
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Additional Tools for Euro Stock Analysis
When running Euro Tech's price analysis, check to
measure Euro Tech'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 Euro Tech is operating at the current time. Most of Euro Tech's value examination focuses on studying past and present price action to
predict the probability of Euro Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euro Tech's price. Additionally, you may evaluate how the addition of Euro Tech to your portfolios can decrease your overall portfolio volatility.