Descartes Price To Book Ratio from 2010 to 2024

DSGX Stock  USD 120.35  1.10  0.92%   
Descartes Systems Price To Book Ratio yearly trend continues to be fairly 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
6.11838929
Current Value
6.42
Quarterly Volatility
1.61826668
 
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Yuan Drop
 
Covid
Check Descartes Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Descartes Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 69.3 M, Interest Expense of 1.4 M or Total Revenue of 601.6 M, as well as many indicators such as Price To Sales Ratio of 13.88, Dividend Yield of 0.0 or PTB Ratio of 6.42. Descartes financial statements analysis is a perfect complement when working with Descartes Systems Valuation or Volatility modules.
  
Check out the analysis of Descartes Systems Correlation against competitors.

Latest Descartes Systems' Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Descartes Systems Group 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. Descartes Systems' Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Descartes Systems' 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  

Descartes Price To Book Ratio Regression Statistics

Arithmetic Mean4.19
Geometric Mean3.83
Coefficient Of Variation38.61
Mean Deviation1.32
Median4.32
Standard Deviation1.62
Sample Variance2.62
Range5.3074
R-Value0.97
Mean Square Error0.18
R-Squared0.94
Slope0.35
Total Sum of Squares36.66

Descartes Price To Book Ratio History

2024 6.42
2023 6.12
2022 5.62
2021 6.15
2020 5.83
2019 4.45
2018 4.48

About Descartes Systems Financial Statements

Descartes Systems investors use historical fundamental indicators, such as Descartes Systems' Price To Book 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 Descartes Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 6.12  6.42 

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Additional Tools for Descartes Stock Analysis

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