Hut Ptb Ratio from 2010 to 2024

HUT Stock  USD 28.02  0.43  1.51%   
Hut 8 PTB Ratio yearly trend continues to be comparatively stable with very little volatility. PTB Ratio will likely drop to 1.06 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 Hut 8's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
1.11167609
Current Value
1.06
Quarterly Volatility
508.93243665
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hut 8 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hut 8's main balance sheet or income statement drivers, such as Depreciation And Amortization of 24.2 M, Interest Expense of 31.1 M or Selling General Administrative of 97.8 M, as well as many indicators such as Price To Sales Ratio of 8.3, Dividend Yield of 0.0 or PTB Ratio of 1.06. Hut financial statements analysis is a perfect complement when working with Hut 8 Valuation or Volatility modules.
  
Check out the analysis of Hut 8 Correlation against competitors.

Latest Hut 8's Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Hut 8 Corp 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. Hut 8's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hut 8'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  

Hut Ptb Ratio Regression Statistics

Arithmetic Mean350.83
Geometric Mean48.49
Coefficient Of Variation145.07
Mean Deviation394.12
Median26.42
Standard Deviation508.93
Sample Variance259,012
Range1.7K
R-Value(0.59)
Mean Square Error181,872
R-Squared0.35
Significance0.02
Slope(67.13)
Total Sum of Squares3.6M

Hut Ptb Ratio History

2024 1.06
2023 1.11
2022 11.56
2021 0.52
2020 26.42
2019 13.35
2018 17.89

About Hut 8 Financial Statements

Hut 8 shareholders use historical fundamental indicators, such as Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Hut 8 investors may analyze each financial statement separately, they are all interrelated. The changes in Hut 8's assets and liabilities, for example, are also reflected in the revenues and expenses on on Hut 8'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
PTB Ratio 1.11  1.06 

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Additional Tools for Hut Stock Analysis

When running Hut 8's price analysis, check to measure Hut 8'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 Hut 8 is operating at the current time. Most of Hut 8's value examination focuses on studying past and present price action to predict the probability of Hut 8's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hut 8's price. Additionally, you may evaluate how the addition of Hut 8 to your portfolios can decrease your overall portfolio volatility.