Montrose Ptb Ratio vs Net Income Per Share Analysis

MEG Stock  USD 47.99  0.45  0.95%   
Montrose Environmental financial indicator trend analysis is infinitely more than just investigating Montrose Environmental recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Montrose Environmental is a good investment. Please check the relationship between Montrose Environmental Ptb Ratio and its Net Income Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Montrose Environmental Grp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Ptb Ratio vs Net Income Per Share

Ptb Ratio vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Montrose Environmental Ptb Ratio account and Net Income Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Montrose Environmental's Ptb Ratio and Net Income Per Share is 0.49. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Montrose Environmental Grp, assuming nothing else is changed. The correlation between historical values of Montrose Environmental's Ptb Ratio and Net Income 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 Montrose Environmental Grp are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Ptb Ratio i.e., Montrose Environmental's Ptb Ratio and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Net Income Per Share

Most indicators from Montrose Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Montrose Environmental 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Montrose Environmental Grp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At this time, Montrose Environmental's Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Gross Profit177.4M192.5M240.3M279.7M
Total Revenue546.4M544.4M624.2M424.2M

Montrose Environmental fundamental ratios Correlations

0.830.750.850.740.890.520.660.960.310.980.830.880.890.670.96-0.840.720.980.190.530.920.360.170.980.98
0.830.660.790.360.550.340.290.820.290.810.780.790.570.660.79-0.80.590.82-0.090.360.780.560.450.810.79
0.750.660.680.440.740.680.330.680.510.70.690.680.610.570.72-0.640.250.750.120.70.870.340.180.670.66
0.850.790.680.560.760.690.420.770.290.80.820.930.690.910.86-0.960.550.92-0.060.690.850.710.380.820.82
0.740.360.440.560.880.430.940.70.20.740.490.670.920.420.74-0.550.630.750.470.410.6-0.03-0.280.770.79
0.890.550.740.760.880.660.770.830.210.860.670.780.930.590.91-0.760.590.90.320.650.850.26-0.020.880.9
0.520.340.680.690.430.660.310.420.050.460.470.530.420.60.57-0.590.20.57-0.081.00.620.480.230.480.49
0.660.290.330.420.940.770.310.710.080.720.530.50.860.380.59-0.430.740.650.690.310.42-0.25-0.410.720.74
0.960.820.680.770.70.830.420.710.210.990.890.780.880.670.87-0.790.840.940.360.450.810.230.110.980.97
0.310.290.510.290.20.210.050.080.210.230.320.50.290.280.22-0.18-0.130.310.080.070.420.03-0.10.170.18
0.980.810.70.80.740.860.460.720.990.230.880.810.890.680.9-0.820.80.960.350.490.840.270.080.990.99
0.830.780.690.820.490.670.470.530.890.320.880.750.680.870.7-0.820.680.870.380.520.70.320.080.830.82
0.880.790.680.930.670.780.530.50.780.50.810.750.770.80.9-0.90.50.930.00.530.880.590.230.830.85
0.890.570.610.690.920.930.420.860.880.290.890.680.770.540.86-0.670.760.880.420.420.770.08-0.050.910.91
0.670.660.570.910.420.590.60.380.670.280.680.870.80.540.63-0.890.510.790.140.620.620.590.220.670.67
0.960.790.720.860.740.910.570.590.870.220.90.70.90.860.63-0.870.610.950.020.560.940.520.260.940.95
-0.84-0.8-0.64-0.96-0.55-0.76-0.59-0.43-0.79-0.18-0.82-0.82-0.9-0.67-0.89-0.87-0.55-0.92-0.02-0.58-0.81-0.71-0.3-0.84-0.85
0.720.590.250.550.630.590.20.740.84-0.130.80.680.50.760.510.61-0.550.70.410.220.440.020.110.820.79
0.980.820.750.920.750.90.570.650.940.310.960.870.930.880.790.95-0.920.70.20.580.910.450.170.970.97
0.19-0.090.12-0.060.470.32-0.080.690.360.080.350.380.00.420.140.02-0.020.410.2-0.04-0.05-0.64-0.750.270.28
0.530.360.70.690.410.651.00.310.450.070.490.520.530.420.620.56-0.580.220.58-0.040.630.450.210.490.5
0.920.780.870.850.60.850.620.420.810.420.840.70.880.770.620.94-0.810.440.91-0.050.630.540.340.850.86
0.360.560.340.71-0.030.260.48-0.250.230.030.270.320.590.080.590.52-0.710.020.45-0.640.450.540.710.330.33
0.170.450.180.38-0.28-0.020.23-0.410.11-0.10.080.080.23-0.050.220.26-0.30.110.17-0.750.210.340.710.160.11
0.980.810.670.820.770.880.480.720.980.170.990.830.830.910.670.94-0.840.820.970.270.490.850.330.161.0
0.980.790.660.820.790.90.490.740.970.180.990.820.850.910.670.95-0.850.790.970.280.50.860.330.111.0
Click cells to compare fundamentals

Montrose Environmental Account Relationship Matchups

Montrose Environmental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets331.8M602.7M833.1M791.9M816.8M1.4B
Other Current Liab47.8M65.2M29.5M5.8M59.0M44.5M
Total Current Liabilities73.3M111.5M147.7M111.4M126.3M117.2M
Total Stockholder Equity102.5M290.1M469.4M466.1M474.2M635.2M
Other Liab11.0M30.8M31.5M35.9M41.3M73.1M
Accounts Payable15.0M34.6M68.9M63.4M31.1M50.0M
Cash6.4M34.4M146.3M89.8M23.2M22.1M
Other Assets2.0M4.5M2.3M6.1M(1K)(950.0)
Long Term Debt145.0M170.3M161.8M152.5M149.0M141.5M
Other Current Assets3.6M4.7M6.0M10.3M65.3M68.6M
Total Liab229.3M312.7M363.7M325.8M342.6M325.5M
Intangible Assets102.5M154.9M161.0M142.1M140.8M133.8M
Property Plant Equipment27.0M34.4M64.0M71.9M82.7M161.1M
Good Will127.1M274.7M311.9M323.9M364.4M385.6M
Net Tangible Assets(255.9M)(292.4M)(156.4M)(152.8M)(175.7M)(184.5M)
Retained Earnings(64.4M)(122.4M)(147.7M)(179.5M)(210.4M)(199.8M)
Non Current Assets Total258.6M468.5M539.2M544.0M615.9M910.8M
Non Currrent Assets Other2.0M4.5M2.3M(18.1M)(29.7M)(28.3M)
Cash And Short Term Investments6.4M34.4M146.3M89.8M23.2M22.1M
Net Receivables60.7M92.7M139.2M147.8M164.0M154.6M
Long Term Debt Total145.0M170.3M167.6M159.0M143.1M135.9M
Liabilities And Stockholders Equity331.8M602.7M833.1M791.9M816.8M1.2B
Non Current Liabilities Total156.1M201.1M216.0M214.4M216.3M205.5M
Capital Surpluse38.2M259.4M464.1M492.7M566.6M594.9M
Inventory2.4M2.5M2.4M3.6M3.8M2.3M
Other Stockholder Equity38.2M259.4M464.1M492.7M(285.0M)(270.7M)
Total Current Assets73.2M134.3M293.9M247.9M200.9M234.8M
Non Current Liabilities Other379K7.1M4.5M4.5M9.0M8.6M
Accumulated Other Comprehensive Income(40K)71K36K8K(223K)(234.2K)
Short Term Debt7.1M5.6M21.3M23.7M28.1M14.3M
Short Long Term Debt Total152.2M175.9M205.8M202.1M210.3M186.9M
Property Plant And Equipment Net27.0M34.4M64.0M71.9M102.3M58.8M

Currently Active Assets on Macroaxis

When determining whether Montrose Environmental is a strong investment it is important to analyze Montrose Environmental's 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 Montrose Environmental's future performance. For an informed investment choice regarding Montrose Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Montrose Environmental Grp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Montrose Environmental information on this page should be used as a complementary analysis to other Montrose Environmental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Montrose Environmental's price analysis, check to measure Montrose Environmental's 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 Montrose Environmental is operating at the current time. Most of Montrose Environmental's value examination focuses on studying past and present price action to predict the probability of Montrose Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Montrose Environmental's price. Additionally, you may evaluate how the addition of Montrose Environmental to your portfolios can decrease your overall portfolio volatility.
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Is Montrose Environmental's 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 Montrose Environmental. If investors know Montrose 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 Montrose Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.47)
Revenue Per Share
21.468
Quarterly Revenue Growth
0.182
Return On Assets
(0.01)
Return On Equity
(0.07)
The market value of Montrose Environmental is measured differently than its book value, which is the value of Montrose that is recorded on the company's balance sheet. Investors also form their own opinion of Montrose Environmental's value that differs from its market value or its book value, called intrinsic value, which is Montrose Environmental's 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 Montrose Environmental's market value can be influenced by many factors that don't directly affect Montrose Environmental's 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 Montrose Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Montrose Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Montrose Environmental's 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.