Opthea Price Book Value Ratio from 2010 to 2024

OPT Stock  USD 3.69  0.36  10.81%   
Opthea 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, Opthea Price Book Value Ratio quarterly data regression had mean square error of  53.61 and mean deviation of  4.66. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
(1.94)
Current Value
(1.84)
Quarterly Volatility
8.11935261
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Opthea financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Opthea's main balance sheet or income statement drivers, such as Depreciation And Amortization of 97.9 K, Interest Expense of 31.8 M or Other Operating Expenses of 201.6 M, as well as many indicators such as Price To Sales Ratio of 2.1 K, Dividend Yield of 0.0012 or Days Sales Outstanding of 36.4 K. Opthea financial statements analysis is a perfect complement when working with Opthea Valuation or Volatility modules.
  
Check out the analysis of Opthea Correlation against competitors.
For more information on how to buy Opthea Stock please use our How to Invest in Opthea guide.

Latest Opthea's Price Book Value Ratio Growth Pattern

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

Opthea Price Book Value Ratio Regression Statistics

Arithmetic Mean2.21
Coefficient Of Variation366.85
Mean Deviation4.66
Median1.90
Standard Deviation8.12
Sample Variance65.92
Range40.0103
R-Value(0.49)
Mean Square Error53.61
R-Squared0.24
Significance0.06
Slope(0.90)
Total Sum of Squares922.93

Opthea Price Book Value Ratio History

2024 -1.84
2023 -1.94
2022 -19.55
2021 4.06
2020 1.9
2019 9.49
2018 5.01

About Opthea Financial Statements

Opthea 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 Opthea investors may analyze each financial statement separately, they are all interrelated. The changes in Opthea's assets and liabilities, for example, are also reflected in the revenues and expenses on on Opthea'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(1.94)(1.84)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Opthea Stock Analysis

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