Akoustis Price To Book Ratio from 2010 to 2024

AKTS Stock  USD 0.08  0  1.86%   
Akoustis Technologies Price To Book Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Book Ratio is likely to outpace its year average in 2024. Price To Book Ratio 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. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
(0.19)
Current Value
K
Quarterly Volatility
1.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Akoustis Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Akoustis Technologies' main balance sheet or income statement drivers, such as Interest Expense of 2.5 M, Selling General Administrative of 37.7 M or Other Operating Expenses of 144.2 M, as well as many indicators such as Price To Sales Ratio of 111, Dividend Yield of 0.0 or PTB Ratio of 7 K. Akoustis financial statements analysis is a perfect complement when working with Akoustis Technologies Valuation or Volatility modules.
  
Check out the analysis of Akoustis Technologies Correlation against competitors.
For more information on how to buy Akoustis Stock please use our How to Invest in Akoustis Technologies guide.

Latest Akoustis Technologies' Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Akoustis Technologies 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. Akoustis Technologies' Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Akoustis Technologies' overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Slightly volatile
   Price To Book Ratio   
       Timeline  

Akoustis Price To Book Ratio Regression Statistics

Arithmetic Mean472.49
Coefficient Of Variation379.87
Mean Deviation865.08
Median9.89
Standard Deviation1,795
Sample Variance3.2M
Range7K
R-Value0.43
Mean Square Error2.8M
R-Squared0.19
Significance0.11
Slope172.75
Total Sum of Squares45.1M

Akoustis Price To Book Ratio History

2024 6960.56
2023 -0.19
2022 2.35
2021 1.93
2020 3.96
2019 6.73
2018 6.65

About Akoustis Technologies Financial Statements

Akoustis Technologies shareholders use historical fundamental indicators, such as Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Akoustis Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Akoustis Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Akoustis Technologies' 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 To Book Ratio(0.19) 6,961 

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Additional Tools for Akoustis Stock Analysis

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