Protagenic Return On Equity from 2010 to 2024

PTIX Stock  USD 0.55  0.08  17.02%   
Protagenic Therapeutics Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Protagenic Therapeutics in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(1.36)
Current Value
(1.30)
Quarterly Volatility
13.49756313
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Protagenic Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Protagenic Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 26.8 K, Interest Expense of 87.3 K or Selling General Administrative of 1.1 M, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0 or PTB Ratio of 1.11. Protagenic financial statements analysis is a perfect complement when working with Protagenic Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Protagenic Therapeutics Correlation against competitors.
For more information on how to buy Protagenic Stock please use our How to Invest in Protagenic Therapeutics guide.

Latest Protagenic Therapeutics' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Protagenic Therapeutics over the last few years. Return on Equity is the amount of Protagenic Therapeutics net income returned as a percentage of Protagenic Therapeutics equity. Return on equity measures Protagenic Therapeutics profitability by revealing how much profit Protagenic Therapeutics generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Protagenic Therapeutics' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Protagenic Therapeutics' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -2.0610 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

Protagenic Return On Equity Regression Statistics

Arithmetic Mean4.17
Coefficient Of Variation324.02
Mean Deviation7.36
Median0.06
Standard Deviation13.50
Sample Variance182.18
Range53.2342
R-Value(0.24)
Mean Square Error184.81
R-Squared0.06
Significance0.39
Slope(0.73)
Total Sum of Squares2,551

Protagenic Return On Equity History

2024 -1.3
2023 -1.36
2022 -0.52
2021 -0.5
2020 2.43
2019 2.79
2018 12.13

About Protagenic Therapeutics Financial Statements

Protagenic Therapeutics investors use historical fundamental indicators, such as Protagenic Therapeutics' Return On Equity, 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 Protagenic Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(1.36)(1.30)

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Additional Tools for Protagenic Stock Analysis

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