Akero Price Book Value Ratio from 2010 to 2024

AKRO Stock  USD 19.48  1.02  4.98%   
Akero Therapeutics Price Book Value Ratio yearly trend continues to be very stable with very little volatility. Price Book Value Ratio is likely to drop to 1.49. During the period from 2010 to 2024, Akero Therapeutics Price Book Value Ratio quarterly data regression pattern had range of 14.3312 and standard deviation of  5.78. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
2.29301841
Current Value
1.49
Quarterly Volatility
5.77751573
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Akero Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Akero main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 3.3 M or Selling General Administrative of 29 K, as well as many exotic indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.49. Akero financial statements analysis is a perfect complement when working with Akero Therapeutics Valuation or Volatility modules.
  
This module can also supplement Akero Therapeutics' financial leverage analysis and stock options assessment as well as various Akero Therapeutics Technical models . Check out the analysis of Akero Therapeutics Correlation against competitors.
To learn how to invest in Akero Stock, please use our How to Invest in Akero Therapeutics guide.

Latest Akero Therapeutics' Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of Akero Therapeutics over the last few years. It is Akero Therapeutics' Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Akero Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio10 Years Trend
Slightly volatile
   Price Book Value Ratio   
       Timeline  

Akero Price Book Value Ratio Regression Statistics

Arithmetic Mean(3.31)
Coefficient Of Variation(174.42)
Mean Deviation5.37
Median(7.79)
Standard Deviation5.78
Sample Variance33.38
Range14.3312
R-Value0.83
Mean Square Error11.35
R-Squared0.68
Significance0.0001
Slope1.07
Total Sum of Squares467.32

Akero Price Book Value Ratio History

2024 1.49
2023 2.29
2022 6.54
2021 4.36
2020 3.14
2019 2.6

About Akero Therapeutics Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Akero Therapeutics income statement, its balance sheet, and the statement of cash flows. Akero Therapeutics investors use historical funamental indicators, such as Akero Therapeutics's Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Akero Therapeutics investors may use each financial statement separately, they are all related. The changes in Akero Therapeutics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Akero Therapeutics'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 Akero Therapeutics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Akero Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 2.29  1.49 

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When determining whether Akero Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Akero Therapeutics' 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 Akero Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Akero Therapeutics Stock:
Check out the analysis of Akero Therapeutics Correlation against competitors.
To learn how to invest in Akero Stock, please use our How to Invest in Akero Therapeutics guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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Is Akero Therapeutics' 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 Akero Therapeutics. If investors know Akero 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 Akero Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.24)
Return On Assets
(0.20)
Return On Equity
(0.31)
The market value of Akero Therapeutics is measured differently than its book value, which is the value of Akero that is recorded on the company's balance sheet. Investors also form their own opinion of Akero Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Akero Therapeutics' 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 Akero Therapeutics' market value can be influenced by many factors that don't directly affect Akero Therapeutics' 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 Akero Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Akero Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akero Therapeutics' 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.