Summit Ptb Ratio from 2010 to 2024
| SSBI Stock | USD 9.38 0.01 0.11% |
PTB Ratio | First Reported 2010-12-31 | Previous Quarter 0.84306087 | Current Value 1.23 | Quarterly Volatility 0.4179857 |
Check Summit State financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit State's main balance sheet or income statement drivers, such as Depreciation And Amortization of 706.6 K, Interest Expense of 26 M or Total Revenue of 68.7 M, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0494 or PTB Ratio of 1.23. Summit financial statements analysis is a perfect complement when working with Summit State Valuation or Volatility modules.
Summit | Ptb Ratio |
Latest Summit State's Ptb Ratio Growth Pattern
Below is the plot of the Ptb Ratio of Summit State Bank 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. Summit State's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Summit State's overall financial position and show how it may be relating to other accounts over time.
| Ptb Ratio | 10 Years Trend |
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Ptb Ratio |
| Timeline |
Summit Ptb Ratio Regression Statistics
| Arithmetic Mean | 1.10 | |
| Geometric Mean | 1.03 | |
| Coefficient Of Variation | 37.90 | |
| Mean Deviation | 0.26 | |
| Median | 1.16 | |
| Standard Deviation | 0.42 | |
| Sample Variance | 0.17 | |
| Range | 1.8545 | |
| R-Value | 0.03 | |
| Mean Square Error | 0.19 | |
| R-Squared | 0.0009 | |
| Significance | 0.92 | |
| Slope | 0 | |
| Total Sum of Squares | 2.45 |
Summit Ptb Ratio History
About Summit State Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Summit State income statement, its balance sheet, and the statement of cash flows. Summit State investors use historical funamental indicators, such as Summit State's Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Summit State investors may use each financial statement separately, they are all related. The changes in Summit State's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Summit State'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 Summit State Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Summit State. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| PTB Ratio | 0.84 | 1.23 |
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Additional Information and Resources on Investing in Summit Stock
When determining whether Summit State Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Summit State's 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 Summit State Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Summit State Bank Stock:Check out the analysis of Summit State Correlation against competitors. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Regional Banks space 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 Summit State. If investors know Summit 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 Summit State 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 (0.66) | Dividend Share 0.48 | Earnings Share 1.21 | Revenue Per Share 6.703 | Quarterly Revenue Growth (0.27) |
The market value of Summit State Bank is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit State's value that differs from its market value or its book value, called intrinsic value, which is Summit State'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 Summit State's market value can be influenced by many factors that don't directly affect Summit State'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 Summit State's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit State'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.