Century Price To Book Ratio from 2010 to 2024
| CCS Stock | USD 78.78 0.52 0.66% |
Price To Book Ratio | First Reported 2010-12-31 | Previous Quarter 1.21875592 | Current Value 2.13 | Quarterly Volatility 4.70156525 |
Check Century Communities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Century main balance sheet or income statement drivers, such as Depreciation And Amortization of 9 M, Interest Expense of 59.6 M or Selling General Administrative of 262.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.89, Dividend Yield of 0.0096 or PTB Ratio of 2.13. Century financial statements analysis is a perfect complement when working with Century Communities Valuation or Volatility modules.
Century | Price To Book Ratio |
Latest Century Communities' Price To Book Ratio Growth Pattern
Below is the plot of the Price To Book Ratio of Century Communities 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. Century Communities' Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Century Communities' overall financial position and show how it may be relating to other accounts over time.
| Price To Book Ratio | 10 Years Trend |
|
Price To Book Ratio |
| Timeline |
Century Price To Book Ratio Regression Statistics
| Arithmetic Mean | 3.34 | |
| Geometric Mean | 1.68 | |
| Coefficient Of Variation | 140.59 | |
| Mean Deviation | 3.62 | |
| Median | 1.03 | |
| Standard Deviation | 4.70 | |
| Sample Variance | 22.10 | |
| Range | 11.7966 | |
| R-Value | (0.66) | |
| Mean Square Error | 13.38 | |
| R-Squared | 0.44 | |
| Significance | 0.01 | |
| Slope | (0.70) | |
| Total Sum of Squares | 309.47 |
Century Price To Book Ratio History
About Century Communities Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Century Communities income statement, its balance sheet, and the statement of cash flows. Century Communities investors use historical funamental indicators, such as Century Communities's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Century Communities investors may use each financial statement separately, they are all related. The changes in Century Communities's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Century Communities'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 Century Communities Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Century Communities. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Book Ratio | 1.22 | 2.13 |
Century Communities Investors Sentiment
The influence of Century Communities' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Century. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Century Communities' public news can be used to forecast risks associated with an investment in Century. The trend in average sentiment can be used to explain how an investor holding Century can time the market purely based on public headlines and social activities around Century Communities. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Century Communities' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Century Communities' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Century Communities' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Century Communities.
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 Century Communities 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, Century Communities' short interest history, or implied volatility extrapolated from Century Communities options trading.
Pair Trading with Century Communities
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Century Communities position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Century Communities will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Century Communities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Century Communities when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Century Communities - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Century Communities to buy it.
The correlation of Century Communities is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Century Communities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Century Communities moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Century Communities can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Century Communities Correlation against competitors. For more information on how to buy Century Stock please use our How to Invest in Century Communities guide.Note that the Century Communities information on this page should be used as a complementary analysis to other Century Communities' 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Century Stock analysis
When running Century Communities' price analysis, check to measure Century Communities' 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 Century Communities is operating at the current time. Most of Century Communities' value examination focuses on studying past and present price action to predict the probability of Century Communities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Communities' price. Additionally, you may evaluate how the addition of Century Communities to your portfolios can decrease your overall portfolio volatility.
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Is Century Communities' 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 Century Communities. If investors know Century 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 Century Communities 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 0.154 | Dividend Share 0.92 | Earnings Share 8.05 | Revenue Per Share 115.674 | Quarterly Revenue Growth 0.022 |
The market value of Century Communities is measured differently than its book value, which is the value of Century that is recorded on the company's balance sheet. Investors also form their own opinion of Century Communities' value that differs from its market value or its book value, called intrinsic value, which is Century Communities' 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 Century Communities' market value can be influenced by many factors that don't directly affect Century Communities' 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 Century Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Century Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Century Communities' 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.