Red Price To Book Ratio from 2010 to 2024

RCAT Stock  USD 6.92  0.78  10.13%   
Red Cat Price To Book Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Book Ratio will likely drop to -0.4 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
2.11138678
Current Value
(0.40)
Quarterly Volatility
49.92402709
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Red Cat financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red Cat's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Interest Expense of 0.0 or Selling General Administrative of 1.6 M, as well as many indicators such as Price To Sales Ratio of 1.4 K, Dividend Yield of 0.0 or Days Sales Outstanding of 14.87. Red financial statements analysis is a perfect complement when working with Red Cat Valuation or Volatility modules.
  
Check out the analysis of Red Cat Correlation against competitors.

Latest Red Cat's Price To Book Ratio Growth Pattern

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

Red Price To Book Ratio Regression Statistics

Arithmetic Mean(18.47)
Coefficient Of Variation(270.27)
Mean Deviation35.04
Median0.84
Standard Deviation49.92
Sample Variance2,492
Range155
R-Value0.31
Mean Square Error2,432
R-Squared0.09
Significance0.27
Slope3.42
Total Sum of Squares34,894

Red Price To Book Ratio History

2023 2.11
2022 0.84
2021 1.26
2020 18.15
2019 13.47
2017 -0.4
2016 -6.66

About Red Cat Financial Statements

Red Cat 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 Red Cat investors may analyze each financial statement separately, they are all interrelated. The changes in Red Cat's assets and liabilities, for example, are also reflected in the revenues and expenses on on Red Cat'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 2.11 (0.40)

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 Red Stock Analysis

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