Dayforce Ptb Ratio from 2010 to 2024

DAY Stock   77.17  0.36  0.46%   
Dayforce PTB Ratio yearly trend continues to be fairly stable with very little volatility. PTB Ratio will likely drop to 3.30 in 2024. PTB Ratio is 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 Dayforce's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
4.3464832
Current Value
3.3
Quarterly Volatility
1.88538915
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dayforce financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dayforce's main balance sheet or income statement drivers, such as Tax Provision of 56.7 M, Depreciation And Amortization of 76.5 M or Interest Expense of 44.8 M, as well as many indicators such as Price To Sales Ratio of 6.63, Dividend Yield of 0.0 or PTB Ratio of 3.3. Dayforce financial statements analysis is a perfect complement when working with Dayforce Valuation or Volatility modules.
  
Check out the analysis of Dayforce Correlation against competitors.
For more information on how to buy Dayforce Stock please use our How to Invest in Dayforce guide.

Latest Dayforce's Ptb Ratio Growth Pattern

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

Dayforce Ptb Ratio Regression Statistics

Arithmetic Mean3.41
Geometric Mean3.03
Coefficient Of Variation55.29
Mean Deviation1.54
Median2.13
Standard Deviation1.89
Sample Variance3.55
Range5.5861
R-Value0.64
Mean Square Error2.24
R-Squared0.41
Significance0.01
Slope0.27
Total Sum of Squares49.77

Dayforce Ptb Ratio History

2024 3.3
2023 4.35
2022 4.65
2021 7.05
2020 7.45
2019 5.12
2018 2.43

About Dayforce Financial Statements

Dayforce investors use historical fundamental indicators, such as Dayforce's Ptb Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Dayforce. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 4.35  3.30 

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Additional Tools for Dayforce Stock Analysis

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