Ormat Ptb Ratio from 2010 to 2024
ORA Stock | USD 73.09 0.87 1.20% |
PTB Ratio | First Reported 2010-12-31 | Previous Quarter 1.94510341 | Current Value 3.38 | Quarterly Volatility 3.12066285 |
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.
Ormat | Ptb Ratio |
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 Ratio | 10 Years Trend |
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Ptb Ratio |
Timeline |
Ormat Ptb Ratio Regression Statistics
Arithmetic Mean | 2.93 | |
Geometric Mean | 2.31 | |
Coefficient Of Variation | 106.45 | |
Mean Deviation | 1.53 | |
Median | 2.39 | |
Standard Deviation | 3.12 | |
Sample Variance | 9.74 | |
Range | 13.0628 | |
R-Value | (0.28) | |
Mean Square Error | 9.68 | |
R-Squared | 0.08 | |
Significance | 0.32 | |
Slope | (0.19) | |
Total Sum of Squares | 136.34 |
Ormat Ptb Ratio History
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 Reported | Projected 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.
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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.