Zoetis Price To Book Ratio from 2010 to 2024

ZTS Stock  USD 146.50  6.61  4.32%   
Zoetis Price To Book Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Book Ratio will likely drop to 13.07 in 2024. Price To Book Ratio is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter’s book value per share. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
18.21523267
Current Value
13.07
Quarterly Volatility
6.95839218
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Zoetis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zoetis main balance sheet or income statement drivers, such as Depreciation And Amortization of 515.5 M, Interest Expense of 162.4 M or Total Revenue of 6 B, as well as many exotic indicators such as Price To Sales Ratio of 5.59, Dividend Yield of 0.0089 or PTB Ratio of 13.07. Zoetis financial statements analysis is a perfect complement when working with Zoetis Valuation or Volatility modules.
  
This module can also supplement Zoetis' financial leverage analysis and stock options assessment as well as various Zoetis Technical models . Check out the analysis of Zoetis Correlation against competitors.

Latest Zoetis' Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Zoetis Inc over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter’s book value per share. Zoetis' Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zoetis' overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Slightly volatile
   Price To Book Ratio   
       Timeline  

Zoetis Price To Book Ratio Regression Statistics

Arithmetic Mean16.12
Geometric Mean13.87
Coefficient Of Variation43.16
Mean Deviation5.29
Median17.85
Standard Deviation6.96
Sample Variance48.42
Range21.6287
R-Value0.58
Mean Square Error34.53
R-Squared0.34
Significance0.02
Slope0.90
Total Sum of Squares677.87

Zoetis Price To Book Ratio History

2024 13.07
2023 18.22
2022 15.6
2021 25.48
2020 20.88
2019 23.37
2018 18.91

About Zoetis Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Zoetis income statement, its balance sheet, and the statement of cash flows. Zoetis investors use historical funamental indicators, such as Zoetis's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Zoetis investors may use each financial statement separately, they are all related. The changes in Zoetis's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Zoetis'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 Zoetis Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Zoetis. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 18.22  13.07 

Zoetis Investors Sentiment

The influence of Zoetis' 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 Zoetis. 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 Zoetis' public news can be used to forecast risks associated with an investment in Zoetis. The trend in average sentiment can be used to explain how an investor holding Zoetis can time the market purely based on public headlines and social activities around Zoetis Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Zoetis' 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 Zoetis' 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 Zoetis' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Zoetis.
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 Zoetis 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, Zoetis' short interest history, or implied volatility extrapolated from Zoetis options trading.

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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 Zoetis Inc is a strong investment it is important to analyze Zoetis' 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 Zoetis' future performance. For an informed investment choice regarding Zoetis Stock, refer to the following important reports:
Check out the analysis of Zoetis Correlation against competitors.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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When running Zoetis' price analysis, check to measure Zoetis' 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 Zoetis is operating at the current time. Most of Zoetis' value examination focuses on studying past and present price action to predict the probability of Zoetis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoetis' price. Additionally, you may evaluate how the addition of Zoetis to your portfolios can decrease your overall portfolio volatility.
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Is Zoetis' 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 Zoetis. If investors know Zoetis 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 Zoetis 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
0.164
Dividend Share
1.5
Earnings Share
5.07
Revenue Per Share
18.527
Quarterly Revenue Growth
0.085
The market value of Zoetis Inc is measured differently than its book value, which is the value of Zoetis that is recorded on the company's balance sheet. Investors also form their own opinion of Zoetis' value that differs from its market value or its book value, called intrinsic value, which is Zoetis' 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 Zoetis' market value can be influenced by many factors that don't directly affect Zoetis' 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 Zoetis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Zoetis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zoetis' 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.