Hess Price Book Value Ratio from 2010 to 2024
| HESM Stock | USD 35.42 0.31 0.88% |
Price Book Value Ratio | First Reported 2010-12-31 | Previous Quarter 5.22517931 | Current Value 4.96 | Quarterly Volatility 262.72032222 |
Check Hess Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hess main balance sheet or income statement drivers, such as Depreciation And Amortization of 123.4 M, Interest Expense of 187.9 M or Selling General Administrative of 19.9 M, as well as many exotic indicators such as Price To Sales Ratio of 1.25, Dividend Yield of 0.0681 or PTB Ratio of 4.96. Hess financial statements analysis is a perfect complement when working with Hess Midstream Valuation or Volatility modules.
Hess | Price Book Value Ratio |
Latest Hess Midstream's Price Book Value Ratio Growth Pattern
Below is the plot of the Price Book Value Ratio of Hess Midstream Partners over the last few years. It is Hess Midstream's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hess Midstream's overall financial position and show how it may be relating to other accounts over time.
| Price Book Value Ratio | 10 Years Trend |
|
Price Book Value Ratio |
| Timeline |
Hess Price Book Value Ratio Regression Statistics
| Arithmetic Mean | 70.96 | |
| Geometric Mean | 2.79 | |
| Coefficient Of Variation | 370.23 | |
| Mean Deviation | 126.62 | |
| Median | 4.96 | |
| Standard Deviation | 262.72 | |
| Sample Variance | 69,022 | |
| Range | 1K | |
| R-Value | 0.12 | |
| Mean Square Error | 73,255 | |
| R-Squared | 0.01 | |
| Significance | 0.67 | |
| Slope | 7.07 | |
| Total Sum of Squares | 966,308 |
Hess Price Book Value Ratio History
About Hess Midstream Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Hess Midstream income statement, its balance sheet, and the statement of cash flows. Hess Midstream investors use historical funamental indicators, such as Hess Midstream's Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Hess Midstream investors may use each financial statement separately, they are all related. The changes in Hess Midstream's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hess Midstream'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 Hess Midstream Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hess Midstream. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price Book Value Ratio | 5.23 | 4.96 |
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Check out the analysis of Hess Midstream Correlation against competitors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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When running Hess Midstream's price analysis, check to measure Hess Midstream'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 Hess Midstream is operating at the current time. Most of Hess Midstream's value examination focuses on studying past and present price action to predict the probability of Hess Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hess Midstream's price. Additionally, you may evaluate how the addition of Hess Midstream to your portfolios can decrease your overall portfolio volatility.
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Is Hess Midstream'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 Hess Midstream. If investors know Hess 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 Hess Midstream 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 0.255 | Dividend Share 2.505 | Earnings Share 2.2 | Revenue Per Share 21.871 | Quarterly Revenue Growth 0.166 |
The market value of Hess Midstream Partners is measured differently than its book value, which is the value of Hess that is recorded on the company's balance sheet. Investors also form their own opinion of Hess Midstream's value that differs from its market value or its book value, called intrinsic value, which is Hess Midstream'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 Hess Midstream's market value can be influenced by many factors that don't directly affect Hess Midstream'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 Hess Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hess Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hess Midstream'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.