QuantaSing Price To Book Ratio from 2010 to 2024

QSG Stock   2.85  0.43  13.11%   
QuantaSing Group's Price To Book Ratio is increasing over the last several years with slightly volatile swings. Price To Book Ratio is estimated to finish at 1.32 this year. 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
1.26132526
Current Value
1.32
Quarterly Volatility
8.51152746
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check QuantaSing Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among QuantaSing Group's main balance sheet or income statement drivers, such as Tax Provision of 19.9 M, Net Interest Income of 11 M or Interest Income of 11 M, as well as many indicators such as Price To Sales Ratio of 0.16, Dividend Yield of 0.0 or PTB Ratio of 1.32. QuantaSing financial statements analysis is a perfect complement when working with QuantaSing Group Valuation or Volatility modules.
  
Check out the analysis of QuantaSing Group Correlation against competitors.

Latest QuantaSing Group's Price To Book Ratio Growth Pattern

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

QuantaSing Price To Book Ratio Regression Statistics

Arithmetic Mean(11.27)
Geometric Mean10.30
Coefficient Of Variation(75.54)
Mean Deviation6.84
Median(15.93)
Standard Deviation8.51
Sample Variance72.45
Range25.4089
R-Value0.73
Mean Square Error35.97
R-Squared0.54
Significance0
Slope1.40
Total Sum of Squares1,014

QuantaSing Price To Book Ratio History

2024 1.32
2023 1.26
2022 9.48
2021 -5.85

About QuantaSing Group Financial Statements

QuantaSing Group stakeholders use historical fundamental indicators, such as QuantaSing Group's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although QuantaSing Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in QuantaSing Group's assets and liabilities are reflected in the revenues and expenses on QuantaSing Group's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in QuantaSing Group Limited. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 1.26  1.32 

Currently Active Assets on Macroaxis

When determining whether QuantaSing Group is a strong investment it is important to analyze QuantaSing Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact QuantaSing Group's future performance. For an informed investment choice regarding QuantaSing Stock, refer to the following important reports:
Check out the analysis of QuantaSing Group Correlation against competitors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of QuantaSing Group. If investors know QuantaSing will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about QuantaSing Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.965
Earnings Share
0.99
Revenue Per Share
69.007
Quarterly Revenue Growth
0.207
Return On Assets
0.1828
The market value of QuantaSing Group is measured differently than its book value, which is the value of QuantaSing that is recorded on the company's balance sheet. Investors also form their own opinion of QuantaSing Group's value that differs from its market value or its book value, called intrinsic value, which is QuantaSing Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because QuantaSing Group's market value can be influenced by many factors that don't directly affect QuantaSing Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between QuantaSing Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if QuantaSing Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QuantaSing Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.