NeoVolta Price To Book Ratio from 2010 to 2024

NEOVW Stock  USD 2.45  0.10  4.26%   
NeoVolta Warrant Price To Book Ratio yearly trend continues to be fairly stable with very little volatility. Price To Book Ratio will likely drop to 12.51 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
17.99638596
Current Value
12.51
Quarterly Volatility
12.98823702
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NeoVolta Warrant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NeoVolta Warrant's main balance sheet or income statement drivers, such as Depreciation And Amortization of 32 K, Interest Expense of 0.0 or Selling General Administrative of 4.2 M, as well as many indicators such as Price To Sales Ratio of 18.82, Dividend Yield of 0.0 or PTB Ratio of 12.51. NeoVolta financial statements analysis is a perfect complement when working with NeoVolta Warrant Valuation or Volatility modules.
  
Check out the analysis of NeoVolta Warrant Correlation against competitors.
For more information on how to buy NeoVolta Stock please use our How to Invest in NeoVolta Warrant guide.

Latest NeoVolta Warrant's Price To Book Ratio Growth Pattern

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

NeoVolta Price To Book Ratio Regression Statistics

Arithmetic Mean7.23
Geometric Mean4.61
Coefficient Of Variation179.72
Mean Deviation10.57
Median(1.94)
Standard Deviation12.99
Sample Variance168.69
Range39.2081
R-Value0.72
Mean Square Error88.77
R-Squared0.51
Significance0
Slope2.08
Total Sum of Squares2,362

NeoVolta Price To Book Ratio History

2024 12.51
2023 18.0
2022 16.22
2021 30.16
2020 37.27
2019 8.44
2018 1.3

About NeoVolta Warrant Financial Statements

NeoVolta Warrant investors use historical fundamental indicators, such as NeoVolta Warrant's 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 NeoVolta Warrant. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 18.00  12.51 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for NeoVolta Stock Analysis

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