Avalon Price To Book Ratio from 2010 to 2024

ALBT Stock   3.42  0.47  12.08%   
Avalon GloboCare 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
10.35926031
Current Value
10.88
Quarterly Volatility
1.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Avalon GloboCare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avalon GloboCare's main balance sheet or income statement drivers, such as Selling General Administrative of 7.3 M, Other Operating Expenses of 10.1 M or Total Operating Expenses of 9.3 M, as well as many indicators such as Price To Sales Ratio of 57.75, Dividend Yield of 0.0 or PTB Ratio of 10.88. Avalon financial statements analysis is a perfect complement when working with Avalon GloboCare Valuation or Volatility modules.
  
Check out the analysis of Avalon GloboCare Correlation against competitors.

Latest Avalon GloboCare's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Avalon GloboCare Corp 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. Avalon GloboCare's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Avalon GloboCare's 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  

Avalon Price To Book Ratio Regression Statistics

Arithmetic Mean(1,200)
Geometric Mean496.80
Coefficient Of Variation(155.43)
Mean Deviation1,759
Median10.88
Standard Deviation1,865
Sample Variance3.5M
Range4K
R-Value0.82
Mean Square Error1.3M
R-Squared0.66
Significance0.0002
Slope339.93
Total Sum of Squares48.7M

Avalon Price To Book Ratio History

2024 10.88
2023 10.36
2022 65.21
2021 338.61
2020 324.45
2019 487.03
2018 245.14

About Avalon GloboCare Financial Statements

Avalon GloboCare 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 Avalon GloboCare investors may analyze each financial statement separately, they are all interrelated. The changes in Avalon GloboCare's assets and liabilities, for example, are also reflected in the revenues and expenses on on Avalon GloboCare'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 To Book Ratio 10.36  10.88 

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Additional Tools for Avalon Stock Analysis

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