Teledyne Ptb Ratio vs Book Value Per Share Analysis
TDY Stock | USD 480.22 9.77 2.08% |
Teledyne Technologies financial indicator trend analysis is much more than just breaking down Teledyne Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teledyne Technologies is a good investment. Please check the relationship between Teledyne Technologies Ptb Ratio and its Book Value Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teledyne Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Ptb Ratio vs Book Value Per Share
Ptb Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teledyne Technologies Ptb Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Teledyne Technologies' Ptb Ratio and Book Value Per Share is -0.36. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Teledyne Technologies Incorporated, assuming nothing else is changed. The correlation between historical values of Teledyne Technologies' Ptb Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Teledyne Technologies Incorporated are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Ptb Ratio i.e., Teledyne Technologies' Ptb Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ptb Ratio
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.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most indicators from Teledyne Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teledyne Technologies 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Teledyne Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At this time, Teledyne Technologies' Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 2.8 M in 2024, whereas Tax Provision is likely to drop slightly above 91.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 104.2M | 89.3M | 85.5M | 89.8M | Depreciation And Amortization | 371.8M | 332.2M | 316.4M | 332.2M |
Teledyne Technologies fundamental ratios Correlations
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Teledyne Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
Teledyne Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.6B | 5.1B | 14.4B | 14.4B | 14.5B | 15.3B | |
Other Current Liab | 264.7M | 434.2M | 799.9M | 717.6M | 781.3M | 820.4M | |
Total Current Liabilities | 763.2M | 760.9M | 1.5B | 1.5B | 1.8B | 1.9B | |
Total Stockholder Equity | 2.7B | 3.2B | 7.6B | 8.2B | 9.2B | 9.7B | |
Property Plant And Equipment Net | 487.9M | 489.3M | 827.5M | 769.8M | 918.7M | 964.6M | |
Accounts Payable | 271.1M | 229.1M | 469.5M | 505.7M | 384.7M | 403.9M | |
Non Current Assets Total | 3.3B | 3.3B | 12.0B | 11.5B | 11.5B | 12.1B | |
Non Currrent Assets Other | 296.9M | 297M | 460.8M | 452.7M | 346.9M | 364.2M | |
Net Receivables | 660.9M | 624.1M | 1.1B | 1.2B | 1.2B | 1.3B | |
Liabilities And Stockholders Equity | 4.6B | 5.1B | 14.4B | 14.4B | 14.5B | 15.3B | |
Non Current Liabilities Total | 1.1B | 1.1B | 5.3B | 4.7B | 3.5B | 3.7B | |
Inventory | 393.4M | 347.3M | 752.9M | 890.7M | 917.7M | 963.6M | |
Other Current Assets | 59.9M | 156.2M | 118M | 130.7M | 213.3M | 224.0M | |
Total Liab | 1.9B | 1.8B | 6.8B | 6.2B | 5.3B | 5.6B | |
Total Current Assets | 1.3B | 1.7B | 2.4B | 2.8B | 3.0B | 3.1B | |
Accumulated Other Comprehensive Income | (475.8M) | (430.1M) | (430M) | (726.5M) | (634.1M) | (602.4M) | |
Intangible Assets | 430.8M | 409.7M | 2.7B | 2.4B | 2.3B | 2.4B | |
Short Long Term Debt Total | 850.6M | 778.5M | 4.1B | 3.9B | 3.2B | 3.4B | |
Net Debt | 651.1M | 105.4M | 3.6B | 3.3B | 2.6B | 2.7B | |
Retained Earnings | 2.9B | 3.3B | 3.8B | 4.6B | 5.4B | 5.7B | |
Cash | 199.5M | 673.1M | 474.7M | 638.1M | 648.3M | 680.7M | |
Cash And Short Term Investments | 199.5M | 673.1M | 474.7M | 638.1M | 648.3M | 680.7M | |
Good Will | 2.1B | 2.2B | 8.0B | 7.9B | 8.0B | 8.4B | |
Other Stockholder Equity | 264.1M | 330.4M | 4.3B | 4.3B | 4.4B | 4.6B | |
Property Plant And Equipment Gross | 615M | 489.3M | 827.5M | 1.6B | 1.7B | 1.8B | |
Other Liab | 232.6M | 398.2M | 1.2B | 911.3M | 1.0B | 1.1B | |
Other Assets | 169.5M | 297M | 460.8M | 452.7M | 520.6M | 546.6M | |
Property Plant Equipment | 487.9M | 489.3M | 827.5M | 769.8M | 885.3M | 929.5M | |
Current Deferred Revenue | 111.5M | 126.8M | 186M | 241.1M | 277.3M | 291.1M | |
Long Term Debt | 750M | 680.9M | 4.1B | 3.6B | 2.6B | 2.8B | |
Short Term Debt | 100.6M | 97.6M | 28.3M | 300.1M | 600.1M | 630.1M | |
Net Tangible Assets | 233.4M | 668.9M | (3.1B) | (2.1B) | (1.9B) | (1.8B) | |
Retained Earnings Total Equity | 2.9B | 3.3B | 3.8B | 4.6B | 5.2B | 5.5B | |
Long Term Debt Total | 750M | 680.9M | 4.1B | 3.6B | 4.2B | 4.4B |
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When running Teledyne Technologies' price analysis, check to measure Teledyne Technologies' 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 Teledyne Technologies is operating at the current time. Most of Teledyne Technologies' value examination focuses on studying past and present price action to predict the probability of Teledyne Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teledyne Technologies' price. Additionally, you may evaluate how the addition of Teledyne Technologies to your portfolios can decrease your overall portfolio volatility.