Alpha Price Book Value Ratio from 2010 to 2024

DRTS Stock  USD 2.80  0.06  2.10%   
Alpha Tau Price Book Value Ratio yearly trend continues to be comparatively stable with very little volatility. Price Book Value Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Alpha Tau Price Book Value Ratio quarterly data regression had r-value of  0.82 and coefficient of variation of (72.87). View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
2.46385044
Current Value
2.59
Quarterly Volatility
1.7 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alpha Tau financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alpha Tau's main balance sheet or income statement drivers, such as Tax Provision of 15.2 K, Net Interest Income of 5 M or Interest Income of 5.1 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.59. Alpha financial statements analysis is a perfect complement when working with Alpha Tau Valuation or Volatility modules.
  
Check out the analysis of Alpha Tau Correlation against competitors.

Latest Alpha Tau's Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of Alpha Tau Medical over the last few years. It is Alpha Tau's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alpha Tau'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  

Alpha Price Book Value Ratio Regression Statistics

Arithmetic Mean(2,363)
Geometric Mean418.07
Coefficient Of Variation(72.87)
Mean Deviation1,568
Median(3,539)
Standard Deviation1,722
Sample Variance3M
Range3.5K
R-Value0.82
Mean Square Error1M
R-Squared0.67
Significance0.0002
Slope315.43
Total Sum of Squares41.5M

Alpha Price Book Value Ratio History

2024 2.59
2023 2.46
2022 1.91
2021 -11.44
2020 -48.45

About Alpha Tau Financial Statements

Alpha Tau 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 Alpha Tau investors may analyze each financial statement separately, they are all interrelated. The changes in Alpha Tau's assets and liabilities, for example, are also reflected in the revenues and expenses on on Alpha Tau'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 2.46  2.59 

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Additional Tools for Alpha Stock Analysis

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