Ormat Ptb Ratio from 2010 to 2024

ORA Stock  USD 73.09  0.87  1.20%   
Ormat Technologies' PTB Ratio is decreasing over the years with stable fluctuation. Overall, PTB Ratio is expected to go to 3.38 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 Ormat Technologies' equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
1.94510341
Current Value
3.38
Quarterly Volatility
3.12066285
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ormat Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ormat main balance sheet or income statement drivers, such as Depreciation And Amortization of 242.5 M, Interest Expense of 121.9 M or Total Revenue of 516.5 M, as well as many exotic indicators such as Price To Sales Ratio of 3.49, Dividend Yield of 0.0051 or PTB Ratio of 3.38. Ormat financial statements analysis is a perfect complement when working with Ormat Technologies Valuation or Volatility modules.
  
This module can also supplement Ormat Technologies' financial leverage analysis and stock options assessment as well as various Ormat Technologies Technical models . Check out the analysis of Ormat Technologies Correlation against competitors.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.

Latest Ormat Technologies' Ptb Ratio Growth Pattern

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

Ormat Ptb Ratio Regression Statistics

Arithmetic Mean2.93
Geometric Mean2.31
Coefficient Of Variation106.45
Mean Deviation1.53
Median2.39
Standard Deviation3.12
Sample Variance9.74
Range13.0628
R-Value(0.28)
Mean Square Error9.68
R-Squared0.08
Significance0.32
Slope(0.19)
Total Sum of Squares136.34

Ormat Ptb Ratio History

2024 3.38
2023 1.95
2022 2.6
2021 2.39
2020 2.58
2019 2.72
2018 2.01

About Ormat Technologies Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Ormat Technologies income statement, its balance sheet, and the statement of cash flows. Ormat Technologies investors use historical funamental indicators, such as Ormat Technologies's Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Ormat Technologies investors may use each financial statement separately, they are all related. The changes in Ormat Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ormat Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ormat Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ormat Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 1.95  3.38 

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 Ormat Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ormat Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ormat Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ormat Technologies Stock:
Check out the analysis of Ormat Technologies Correlation against competitors.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Ormat Stock analysis

When running Ormat Technologies' price analysis, check to measure Ormat 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 Ormat Technologies is operating at the current time. Most of Ormat Technologies' value examination focuses on studying past and present price action to predict the probability of Ormat Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ormat Technologies' price. Additionally, you may evaluate how the addition of Ormat Technologies to your portfolios can decrease your overall portfolio volatility.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Fundamental Analysis
View fundamental data based on most recent published financial statements
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Is Ormat Technologies' industry 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 Ormat Technologies. If investors know Ormat 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 Ormat Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.253
Dividend Share
0.48
Earnings Share
2.24
Revenue Per Share
14.39
Quarterly Revenue Growth
0.21
The market value of Ormat Technologies is measured differently than its book value, which is the value of Ormat that is recorded on the company's balance sheet. Investors also form their own opinion of Ormat Technologies' value that differs from its market value or its book value, called intrinsic value, which is Ormat Technologies' 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 Ormat Technologies' market value can be influenced by many factors that don't directly affect Ormat Technologies' 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 Ormat Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ormat Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ormat Technologies' 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.