American Price Book Value Ratio from 2010 to 2024

ABAT Stock   1.00  0.07  7.53%   
American Battery Price Book Value Ratio yearly trend continues to be comparatively stable with very little volatility. Price Book Value Ratio will likely drop to -1.42 in 2024. From the period from 2010 to 2024, American Battery Price Book Value Ratio quarterly data regression had mean square error of  201.94 and mean deviation of  6.92. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
0.98121355
Current Value
(1.42)
Quarterly Volatility
14.35221938
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check American Battery financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American Battery's main balance sheet or income statement drivers, such as Selling General Administrative of 10.9 M, Other Operating Expenses of 39.8 M or Interest Expense of 150.2 K, as well as many indicators such as Price To Sales Ratio of 140, Dividend Yield of 0.0034 or Days Sales Outstanding of 874. American financial statements analysis is a perfect complement when working with American Battery Valuation or Volatility modules.
  
Check out the analysis of American Battery Correlation against competitors.

Latest American Battery's Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of American Battery Technology over the last few years. It is American Battery's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in American Battery's overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio10 Years Trend
Slightly volatile
   Price Book Value Ratio   
       Timeline  

American Price Book Value Ratio Regression Statistics

Arithmetic Mean0.49
Coefficient Of Variation2,903
Mean Deviation6.92
Median(4.51)
Standard Deviation14.35
Sample Variance205.99
Range56.2827
R-Value0.30
Mean Square Error201.94
R-Squared0.09
Significance0.28
Slope0.96
Total Sum of Squares2,884

American Price Book Value Ratio History

2024 -1.42
2023 0.98
2022 0.55
2021 0.59
2020 51.78

About American Battery Financial Statements

American Battery shareholders use historical fundamental indicators, such as Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although American Battery investors may analyze each financial statement separately, they are all interrelated. The changes in American Battery's assets and liabilities, for example, are also reflected in the revenues and expenses on on American Battery's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price Book Value Ratio 0.98 (1.42)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for American Stock Analysis

When running American Battery's price analysis, check to measure American Battery'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 American Battery is operating at the current time. Most of American Battery's value examination focuses on studying past and present price action to predict the probability of American Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Battery's price. Additionally, you may evaluate how the addition of American Battery to your portfolios can decrease your overall portfolio volatility.