Bright Price To Book Ratio from 2010 to 2024

BEDU Stock  USD 1.85  0.07  3.65%   
Bright Scholar 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
0.12
Current Value
0.13
Quarterly Volatility
36.60262832
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bright Scholar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bright Scholar's main balance sheet or income statement drivers, such as Discontinued Operations of 252.1 M, Depreciation And Amortization of 101.8 M or Interest Expense of 1.2 M, as well as many indicators such as Price To Sales Ratio of 0.0992, Ptb Ratio of 0.13 or Days Sales Outstanding of 19.58. Bright financial statements analysis is a perfect complement when working with Bright Scholar Valuation or Volatility modules.
  
Check out the analysis of Bright Scholar Correlation against competitors.

Latest Bright Scholar's Price To Book Ratio Growth Pattern

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

Bright Price To Book Ratio Regression Statistics

Arithmetic Mean(20.52)
Coefficient Of Variation(178.40)
Mean Deviation31.48
Median0.14
Standard Deviation36.60
Sample Variance1,340
Range88.9607
R-Value0.77
Mean Square Error579.48
R-Squared0.60
Significance0.0007
Slope6.33
Total Sum of Squares18,757

Bright Price To Book Ratio History

2024 0.13
2023 0.12
2022 0.14
2021 0.3
2020 1.02
2019 2.33
2018 2.87

About Bright Scholar Financial Statements

Bright Scholar 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 Bright Scholar investors may analyze each financial statement separately, they are all interrelated. The changes in Bright Scholar's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bright Scholar'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 0.12  0.13 

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 Bright Stock Analysis

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