Pennant Price Book Value Ratio from 2010 to 2024
| PNTG Stock | USD 22.86 0.65 2.93% |
Price Book Value Ratio | First Reported 2010-12-31 | Previous Quarter 2.962063 | Current Value 2.81 | Quarterly Volatility 3.64368406 |
Check Pennant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pennant main balance sheet or income statement drivers, such as Tax Provision of 2.7 M, Discontinued Operations of 0.0 or Depreciation And Amortization of 4.4 M, as well as many exotic indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0101 or PTB Ratio of 2.81. Pennant financial statements analysis is a perfect complement when working with Pennant Valuation or Volatility modules.
Pennant | Price Book Value Ratio |
Latest Pennant's Price Book Value Ratio Growth Pattern
Below is the plot of the Price Book Value Ratio of Pennant Group over the last few years. It is Pennant's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pennant'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 |
Pennant Price Book Value Ratio Regression Statistics
| Arithmetic Mean | 7.52 | |
| Geometric Mean | 6.70 | |
| Coefficient Of Variation | 48.47 | |
| Mean Deviation | 2.10 | |
| Median | 7.64 | |
| Standard Deviation | 3.64 | |
| Sample Variance | 13.28 | |
| Range | 14.213 | |
| R-Value | (0.24) | |
| Mean Square Error | 13.45 | |
| R-Squared | 0.06 | |
| Significance | 0.38 | |
| Slope | (0.20) | |
| Total Sum of Squares | 185.87 |
Pennant Price Book Value Ratio History
About Pennant Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Pennant income statement, its balance sheet, and the statement of cash flows. Pennant investors use historical funamental indicators, such as Pennant's Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Pennant investors may use each financial statement separately, they are all related. The changes in Pennant's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pennant'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 Pennant Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Pennant. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price Book Value Ratio | 2.96 | 2.81 |
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Check out the analysis of Pennant Correlation against competitors. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Pennant Stock analysis
When running Pennant's price analysis, check to measure Pennant'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 Pennant is operating at the current time. Most of Pennant's value examination focuses on studying past and present price action to predict the probability of Pennant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pennant's price. Additionally, you may evaluate how the addition of Pennant to your portfolios can decrease your overall portfolio volatility.
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Is Pennant'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 Pennant. If investors know Pennant 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 Pennant 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 1.667 | Earnings Share 0.54 | Revenue Per Share 19.219 | Quarterly Revenue Growth 0.241 | Return On Assets 0.0331 |
The market value of Pennant Group is measured differently than its book value, which is the value of Pennant that is recorded on the company's balance sheet. Investors also form their own opinion of Pennant's value that differs from its market value or its book value, called intrinsic value, which is Pennant'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 Pennant's market value can be influenced by many factors that don't directly affect Pennant'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 Pennant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pennant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pennant'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.