National Ptb Ratio from 2010 to 2024

NESRW Stock  USD 0.38  0.21  35.59%   
National Energy PTB Ratio yearly trend continues to be fairly stable with very little volatility. PTB Ratio will likely drop to 0.72 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 National Energy's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
0.76122155
Current Value
0.72
Quarterly Volatility
7.58605236
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check National Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National Energy's main balance sheet or income statement drivers, such as Tax Provision of 11 M, Interest Expense of 48.1 M or Selling General Administrative of 47.5 M, as well as many indicators such as Price To Sales Ratio of 0.52, Dividend Yield of 0.0047 or PTB Ratio of 0.72. National financial statements analysis is a perfect complement when working with National Energy Valuation or Volatility modules.
  
Check out the analysis of National Energy Correlation against competitors.

Latest National Energy's Ptb Ratio Growth Pattern

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

National Ptb Ratio Regression Statistics

Arithmetic Mean8.70
Geometric Mean4.03
Coefficient Of Variation87.20
Mean Deviation7.31
Median15.55
Standard Deviation7.59
Sample Variance57.55
Range14.835
R-Value(0.87)
Mean Square Error15.29
R-Squared0.75
Significance0.000027
Slope(1.47)
Total Sum of Squares805.67

National Ptb Ratio History

2024 0.72
2023 0.76
2022 0.8
2021 1.05
2020 0.93
2018 0.9

About National Energy Financial Statements

National Energy investors use historical fundamental indicators, such as National Energy'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 National Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 0.76  0.72 

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Additional Tools for National Stock Analysis

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