ITP Ptb Ratio from 2010 to 2024
| ITP Stock | USD 0.25 0.02 8.70% |
PTB Ratio | First Reported 2010-12-31 | Previous Quarter 0.01853087 | Current Value 0.0176 | Quarterly Volatility 0.92842018 |
Check IT Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ITP main balance sheet or income statement drivers, such as Interest Expense of 1.2 M, Selling General Administrative of 6.7 M or Other Operating Expenses of 103.7 M, as well as many exotic indicators such as Price To Sales Ratio of 0.0342, Dividend Yield of 0.0072 or PTB Ratio of 0.0176. ITP financial statements analysis is a perfect complement when working with IT Tech Valuation or Volatility modules.
ITP | Ptb Ratio |
Latest IT Tech's Ptb Ratio Growth Pattern
Below is the plot of the Ptb Ratio of IT Tech Packaging 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. IT Tech's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in IT Tech's overall financial position and show how it may be relating to other accounts over time.
| Ptb Ratio | 10 Years Trend |
|
Ptb Ratio |
| Timeline |
ITP Ptb Ratio Regression Statistics
| Arithmetic Mean | 0.38 | |
| Geometric Mean | 0.12 | |
| Coefficient Of Variation | 244.30 | |
| Mean Deviation | 0.45 | |
| Median | 0.12 | |
| Standard Deviation | 0.93 | |
| Sample Variance | 0.86 | |
| Range | 3.6918 | |
| R-Value | (0.53) | |
| Mean Square Error | 0.67 | |
| R-Squared | 0.28 | |
| Significance | 0.04 | |
| Slope | (0.11) | |
| Total Sum of Squares | 12.07 |
ITP Ptb Ratio History
About IT Tech Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include IT Tech income statement, its balance sheet, and the statement of cash flows. IT Tech investors use historical funamental indicators, such as IT Tech's Ptb Ratio, to determine how well the company is positioned to perform in the future. Although IT Tech investors may use each financial statement separately, they are all related. The changes in IT Tech's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IT Tech'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 IT Tech Financial Statements. Understanding these patterns can help to make the right decision on long term investment in IT Tech. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| PTB Ratio | 0.02 | 0.02 |
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When running IT Tech's price analysis, check to measure IT Tech'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 IT Tech is operating at the current time. Most of IT Tech's value examination focuses on studying past and present price action to predict the probability of IT Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IT Tech's price. Additionally, you may evaluate how the addition of IT Tech to your portfolios can decrease your overall portfolio volatility.
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Is IT Tech'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 IT Tech. If investors know ITP 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 IT Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.99) | Revenue Per Share 8.598 | Quarterly Revenue Growth (0.02) | Return On Assets (0.03) | Return On Equity (0.06) |
The market value of IT Tech Packaging is measured differently than its book value, which is the value of ITP that is recorded on the company's balance sheet. Investors also form their own opinion of IT Tech's value that differs from its market value or its book value, called intrinsic value, which is IT Tech'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 IT Tech's market value can be influenced by many factors that don't directly affect IT Tech'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 IT Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if IT Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IT Tech'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.