Renaissancere Ptb Ratio from 2010 to 2024
| RNR Stock | USD 222.90 0.25 0.11% |
PTB Ratio | First Reported 2010-12-31 | Previous Quarter 0.98452346 | Current Value 1.4 | Quarterly Volatility 0.18744821 |
Check Renaissancere Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Renaissancere main balance sheet or income statement drivers, such as Interest Expense of 76.8 M, Total Revenue of 9.5 B or EBITDA of 2.7 B, as well as many exotic indicators such as Price To Sales Ratio of 0.97, Dividend Yield of 0.0229 or PTB Ratio of 1.4. Renaissancere financial statements analysis is a perfect complement when working with Renaissancere Holdings Valuation or Volatility modules.
Renaissancere | Ptb Ratio |
Latest Renaissancere Holdings' Ptb Ratio Growth Pattern
Below is the plot of the Ptb Ratio of Renaissancere Holdings 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. Renaissancere Holdings' PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Renaissancere Holdings' overall financial position and show how it may be relating to other accounts over time.
| Ptb Ratio | 10 Years Trend |
|
Ptb Ratio |
| Timeline |
Renaissancere Ptb Ratio Regression Statistics
| Arithmetic Mean | 1.18 | |
| Geometric Mean | 1.17 | |
| Coefficient Of Variation | 15.89 | |
| Mean Deviation | 0.15 | |
| Median | 1.13 | |
| Standard Deviation | 0.19 | |
| Sample Variance | 0.04 | |
| Range | 0.5515 | |
| R-Value | 0.15 | |
| Mean Square Error | 0.04 | |
| R-Squared | 0.02 | |
| Significance | 0.60 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.49 |
Renaissancere Ptb Ratio History
About Renaissancere Holdings Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Renaissancere Holdings income statement, its balance sheet, and the statement of cash flows. Renaissancere Holdings investors use historical funamental indicators, such as Renaissancere Holdings's Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Renaissancere Holdings investors may use each financial statement separately, they are all related. The changes in Renaissancere Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Renaissancere Holdings'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 Renaissancere Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Renaissancere Holdings. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| PTB Ratio | 0.98 | 1.40 |
Renaissancere Holdings Investors Sentiment
The influence of Renaissancere Holdings' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Renaissancere. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Renaissancere Holdings' public news can be used to forecast risks associated with an investment in Renaissancere. The trend in average sentiment can be used to explain how an investor holding Renaissancere can time the market purely based on public headlines and social activities around Renaissancere Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Renaissancere Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Renaissancere Holdings' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Renaissancere Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Renaissancere Holdings.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Renaissancere Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Renaissancere Holdings' short interest history, or implied volatility extrapolated from Renaissancere Holdings options trading.
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When determining whether Renaissancere Holdings is a strong investment it is important to analyze Renaissancere Holdings' 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 Renaissancere Holdings' future performance. For an informed investment choice regarding Renaissancere Stock, refer to the following important reports:Check out the analysis of Renaissancere Holdings Correlation against competitors. To learn how to invest in Renaissancere Stock, please use our How to Invest in Renaissancere Holdings guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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When running Renaissancere Holdings' price analysis, check to measure Renaissancere Holdings' 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 Renaissancere Holdings is operating at the current time. Most of Renaissancere Holdings' value examination focuses on studying past and present price action to predict the probability of Renaissancere Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renaissancere Holdings' price. Additionally, you may evaluate how the addition of Renaissancere Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Renaissancere Holdings' 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 Renaissancere Holdings. If investors know Renaissancere 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 Renaissancere Holdings 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 (0.46) | Dividend Share 1.53 | Earnings Share 46.3 | Revenue Per Share 193.015 | Quarterly Revenue Growth 0.187 |
The market value of Renaissancere Holdings is measured differently than its book value, which is the value of Renaissancere that is recorded on the company's balance sheet. Investors also form their own opinion of Renaissancere Holdings' value that differs from its market value or its book value, called intrinsic value, which is Renaissancere Holdings' 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 Renaissancere Holdings' market value can be influenced by many factors that don't directly affect Renaissancere Holdings' 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 Renaissancere Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Renaissancere Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renaissancere Holdings' 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.