Provident Price To Book Ratio from 2010 to 2024
PVBC Stock | USD 9.39 0.23 2.51% |
Price To Book Ratio | First Reported 2010-12-31 | Previous Quarter 0.75268732 | Current Value 0.74 | Quarterly Volatility 0.26556005 |
Check Provident Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Provident main balance sheet or income statement drivers, such as Depreciation And Amortization of 957.9 K, Interest Expense of 33.7 M or Selling General Administrative of 23.3 M, as well as many exotic indicators such as Price To Sales Ratio of 2.46, Dividend Yield of 0.0157 or PTB Ratio of 0.74. Provident financial statements analysis is a perfect complement when working with Provident Bancorp Valuation or Volatility modules.
Provident | Price To Book Ratio |
Latest Provident Bancorp's Price To Book Ratio Growth Pattern
Below is the plot of the Price To Book Ratio of Provident Bancorp over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter’s book value per share. Provident Bancorp's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Provident Bancorp's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio | 10 Years Trend |
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Price To Book Ratio |
Timeline |
Provident Price To Book Ratio Regression Statistics
Arithmetic Mean | 0.90 | |
Geometric Mean | 0.87 | |
Coefficient Of Variation | 29.49 | |
Mean Deviation | 0.18 | |
Median | 0.87 | |
Standard Deviation | 0.27 | |
Sample Variance | 0.07 | |
Range | 1.0175 | |
R-Value | 0.05 | |
Mean Square Error | 0.08 | |
R-Squared | 0 | |
Significance | 0.85 | |
Slope | 0 | |
Total Sum of Squares | 0.99 |
Provident Price To Book Ratio History
About Provident Bancorp Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Provident Bancorp income statement, its balance sheet, and the statement of cash flows. Provident Bancorp investors use historical funamental indicators, such as Provident Bancorp's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Provident Bancorp investors may use each financial statement separately, they are all related. The changes in Provident Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Provident Bancorp'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 Provident Bancorp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Provident Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Price To Book Ratio | 0.75 | 0.74 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Provident Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Provident Bancorp's short interest history, or implied volatility extrapolated from Provident Bancorp options trading.
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Check out the analysis of Provident Bancorp Correlation against competitors. For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.Note that the Provident Bancorp information on this page should be used as a complementary analysis to other Provident Bancorp'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Provident Stock analysis
When running Provident Bancorp's price analysis, check to measure Provident Bancorp'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 Provident Bancorp is operating at the current time. Most of Provident Bancorp's value examination focuses on studying past and present price action to predict the probability of Provident Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Provident Bancorp's price. Additionally, you may evaluate how the addition of Provident Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Provident Bancorp'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 Provident Bancorp. If investors know Provident 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 Provident Bancorp 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 1.349 | Earnings Share 0.83 | Revenue Per Share 4.172 | Quarterly Revenue Growth 0.233 | Return On Assets 0.0082 |
The market value of Provident Bancorp is measured differently than its book value, which is the value of Provident that is recorded on the company's balance sheet. Investors also form their own opinion of Provident Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Provident Bancorp'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 Provident Bancorp's market value can be influenced by many factors that don't directly affect Provident Bancorp'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 Provident Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Provident Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Provident Bancorp'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.