Tapestry Pb Ratio vs Ptb Ratio Analysis

TPR Stock  USD 41.48  0.87  2.05%   
Tapestry financial indicator trend analysis is much more than just breaking down Tapestry prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tapestry is a good investment. Please check the relationship between Tapestry Pb Ratio and its Ptb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tapestry. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Tapestry Stock, please use our How to Invest in Tapestry guide.

Pb Ratio vs Ptb Ratio

Pb Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tapestry Pb Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Tapestry's Pb Ratio and Ptb Ratio is 1.0. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Tapestry, assuming nothing else is changed. The correlation between historical values of Tapestry's Pb Ratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Tapestry are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Pb Ratio i.e., Tapestry's Pb Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Pb Ratio

Ptb Ratio

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.
Most indicators from Tapestry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tapestry current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tapestry. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Tapestry Stock, please use our How to Invest in Tapestry guide.As of 05/23/2024, Selling General Administrative is likely to drop to about 1.9 B. In addition to that, Tax Provision is likely to drop to about 120.4 M
 2021 2022 2023 2024 (projected)
Gross Profit4.7B4.7B5.4B5.7B
Total Revenue6.7B6.7B7.7B8.0B

Tapestry fundamental ratios Correlations

0.90.60.74-0.460.950.960.560.790.690.870.790.370.960.470.20.920.360.570.910.880.680.670.370.870.87
0.90.210.93-0.60.980.980.170.790.40.960.720.140.930.450.230.870.150.220.820.820.660.430.460.820.96
0.60.21-0.050.120.340.360.940.480.860.210.330.690.430.05-0.020.480.650.890.50.360.170.820.140.430.21
0.740.93-0.05-0.70.890.89-0.040.680.250.910.69-0.230.870.530.280.72-0.22-0.010.770.810.710.10.230.790.91
-0.46-0.60.12-0.7-0.6-0.580.08-0.38-0.09-0.61-0.640.29-0.54-0.67-0.07-0.490.260.02-0.4-0.65-0.75-0.06-0.12-0.42-0.61
0.950.980.340.89-0.61.00.30.770.530.930.80.190.960.530.240.940.20.360.890.870.690.510.40.890.93
0.960.980.360.89-0.581.00.340.810.530.950.80.20.970.50.250.910.20.370.890.890.710.520.390.870.95
0.560.170.94-0.040.080.30.340.510.830.220.40.570.410.080.150.40.520.880.460.420.250.75-0.010.370.22
0.790.790.480.68-0.380.770.810.510.570.830.570.250.790.160.330.640.220.430.690.690.510.60.340.640.83
0.690.40.860.25-0.090.530.530.830.570.340.450.370.640.360.090.670.330.880.750.550.280.640.030.720.34
0.870.960.210.91-0.610.930.950.220.830.340.730.090.910.430.20.740.070.150.770.840.750.390.340.741.0
0.790.720.330.69-0.640.80.80.40.570.450.730.040.780.560.460.720.060.340.720.890.880.430.040.70.73
0.370.140.69-0.230.290.190.20.570.250.370.090.040.11-0.25-0.140.340.990.610.1-0.02-0.180.870.610.050.09
0.960.930.430.87-0.540.960.970.410.790.640.910.780.110.550.20.880.090.40.960.90.730.440.210.940.91
0.470.450.050.53-0.670.530.50.080.160.360.430.56-0.250.55-0.140.51-0.240.170.580.610.630.0-0.070.590.43
0.20.23-0.020.28-0.070.240.250.150.330.090.20.46-0.140.2-0.140.21-0.070.190.170.360.170.120.030.170.2
0.920.870.480.72-0.490.940.910.40.640.670.740.720.340.880.510.210.360.560.870.770.530.610.440.890.74
0.360.150.65-0.220.260.20.20.520.220.330.070.060.990.09-0.24-0.070.360.610.08-0.01-0.20.870.670.040.07
0.570.220.89-0.010.020.360.370.880.430.880.150.340.610.40.170.190.560.610.490.40.080.790.260.440.15
0.910.820.50.77-0.40.890.890.460.690.750.770.720.10.960.580.170.870.080.490.860.640.420.130.990.77
0.880.820.360.81-0.650.870.890.420.690.550.840.89-0.020.90.610.360.77-0.010.40.860.870.40.140.810.84
0.680.660.170.71-0.750.690.710.250.510.280.750.88-0.180.730.630.170.53-0.20.080.640.870.18-0.130.60.75
0.670.430.820.1-0.060.510.520.750.60.640.390.430.870.440.00.120.610.870.790.420.40.180.580.370.39
0.370.460.140.23-0.120.40.39-0.010.340.030.340.040.610.21-0.070.030.440.670.260.130.14-0.130.580.120.34
0.870.820.430.79-0.420.890.870.370.640.720.740.70.050.940.590.170.890.040.440.990.810.60.370.120.74
0.870.960.210.91-0.610.930.950.220.830.341.00.730.090.910.430.20.740.070.150.770.840.750.390.340.74
Click cells to compare fundamentals

Tapestry Account Relationship Matchups

Tapestry fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.9B8.4B7.3B7.1B8.2B8.6B
Short Long Term Debt Total4.5B3.4B3.3B3.3B3.8B4.0B
Total Stockholder Equity2.3B3.3B2.3B2.3B2.6B1.9B
Net Debt3.1B1.4B2.5B2.6B3.0B3.1B
Common Stock Shares Outstanding278.6M283M270.1M241.3M217.2M249.6M
Liabilities And Stockholders Equity7.9B8.4B7.3B7.1B8.2B8.6B
Non Current Liabilities Total3.9B3.7B3.5B3.6B4.1B4.3B
Total Liab5.6B5.1B5.0B4.8B5.6B5.8B
Other Current Liab482.9M628.8M586.7M503.6M579.1M445.9M
Total Current Liabilities1.7B1.4B1.5B1.3B1.5B741.7M
Other Liab513.6M577.3M569.5M581.8M669.1M377.6M
Property Plant And Equipment Net2.5B2.2B1.8B1.9B2.2B2.3B
Accounts Payable130.8M445.2M520.7M416.9M479.4M503.4M
Cash1.4B2.0B789.8M726.1M835.0M922.6M
Non Current Assets Total5.4B5.0B4.7B4.8B5.5B5.7B
Non Currrent Assets Other102.4M161.7M209.4M2.8B3.2B3.4B
Other Assets158.3M161.7M2.9B222.5M255.9M309.9M
Long Term Debt1.6B1.6B1.7B1.6B1.9B2.0B
Cash And Short Term Investments1.4B2.0B953.2M741.5M852.7M1.0B
Net Receivables193.3M200.2M252.3M211.5M243.2M168.5M
Good Will1.3B1.3B1.2B1.2B1.4B1.5B
Inventory736.9M734.8M994.2M919.5M1.1B1.1B
Other Current Assets188.5M424.5M374.1M491M564.7M592.9M
Total Current Assets2.6B3.4B2.6B2.4B2.7B1.9B
Accumulated Other Comprehensive Income(92.2M)(72M)(170.9M)(189.9M)(170.9M)(162.4M)
Short Term Debt1.1B319.4M319.9M322.5M370.9M389.4M
Intangible Assets1.4B1.4B1.4B1.4B1.6B1.6B
Property Plant Equipment2.5B2.2B1.8B1.9B2.2B2.3B
Retained Earnings(992.7M)(158.5M)(1.2B)(1.2B)(1.1B)(1.0B)
Other Stockholder Equity3.4B3.5B3.6B3.7B4.2B2.2B
Property Plant And Equipment Gross2.5B2.2B1.8B1.9B2.2B2.3B
Current Deferred Revenue28.1M32.4M41.5M43.5M50.0M78.9M
Net Tangible Assets(404.1M)588.6M2.3B917.7M825.9M1.0B
Retained Earnings Total Equity(992.7M)(158.5M)(1.2B)(1.2B)(1.1B)(1.0B)
Long Term Debt Total1.6B1.6B1.7B1.6B1.9B1.1B
Capital Surpluse3.4B3.5B3.6B3.7B4.2B3.2B
Deferred Long Term Liab155.1M203.9M221.7M240M276M289.8M

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When determining whether Tapestry is a strong investment it is important to analyze Tapestry's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tapestry's future performance. For an informed investment choice regarding Tapestry Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tapestry. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Tapestry Stock, please use our How to Invest in Tapestry guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Tapestry's price analysis, check to measure Tapestry'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 Tapestry is operating at the current time. Most of Tapestry's value examination focuses on studying past and present price action to predict the probability of Tapestry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tapestry's price. Additionally, you may evaluate how the addition of Tapestry to your portfolios can decrease your overall portfolio volatility.
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Is Tapestry'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 Tapestry. If investors know Tapestry 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 Tapestry 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
(0.23)
Dividend Share
1.35
Earnings Share
3.69
Revenue Per Share
29.211
Quarterly Revenue Growth
(0.02)
The market value of Tapestry is measured differently than its book value, which is the value of Tapestry that is recorded on the company's balance sheet. Investors also form their own opinion of Tapestry's value that differs from its market value or its book value, called intrinsic value, which is Tapestry'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 Tapestry's market value can be influenced by many factors that don't directly affect Tapestry'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 Tapestry's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tapestry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tapestry'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.