PriceSmart Price To Book Ratio from 2010 to 2024

PSMT Stock  USD 89.88  0.57  0.63%   
PriceSmart Price To Book Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Book Ratio will likely drop to 1.98 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
2.39568158
Current Value
1.98
Quarterly Volatility
1.30128706
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PriceSmart financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PriceSmart's main balance sheet or income statement drivers, such as Depreciation And Amortization of 86.7 M, Interest Expense of 13.6 M or Selling General Administrative of 654 M, as well as many indicators such as Price To Sales Ratio of 0.97, Dividend Yield of 0.0133 or PTB Ratio of 1.98. PriceSmart financial statements analysis is a perfect complement when working with PriceSmart Valuation or Volatility modules.
  
Check out the analysis of PriceSmart Correlation against competitors.
For more information on how to buy PriceSmart Stock please use our How to Invest in PriceSmart guide.

Latest PriceSmart's Price To Book Ratio Growth Pattern

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

PriceSmart Price To Book Ratio Regression Statistics

Arithmetic Mean3.19
Geometric Mean2.93
Coefficient Of Variation40.83
Mean Deviation1.11
Median2.81
Standard Deviation1.30
Sample Variance1.69
Range4.1285
R-Value(0.58)
Mean Square Error1.21
R-Squared0.34
Significance0.02
Slope(0.17)
Total Sum of Squares23.71

PriceSmart Price To Book Ratio History

2024 1.98
2023 2.4
2022 2.21
2021 1.95
2020 2.81
2019 2.39
2018 2.29

About PriceSmart Financial Statements

PriceSmart shareholders use historical fundamental indicators, such as Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although PriceSmart investors may analyze each financial statement separately, they are all interrelated. The changes in PriceSmart's assets and liabilities, for example, are also reflected in the revenues and expenses on on PriceSmart'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 To Book Ratio 2.40  1.98 

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Additional Tools for PriceSmart Stock Analysis

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