Remitly Ptb Ratio from 2010 to 2024

RELY Stock  USD 20.81  0.29  1.41%   
Remitly Global PTB Ratio yearly trend continues to be fairly stable with very little volatility. PTB Ratio will likely drop to 6.30 in 2024. PTB Ratio is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on Remitly Global's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
6.63375753
Current Value
6.3
Quarterly Volatility
29.89006448
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Remitly Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Remitly Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.5 M, Interest Expense of 2.2 M or Total Revenue of 558.5 M, as well as many indicators such as Price To Sales Ratio of 3.53, Dividend Yield of 0.0 or PTB Ratio of 6.3. Remitly financial statements analysis is a perfect complement when working with Remitly Global Valuation or Volatility modules.
  
Check out the analysis of Remitly Global Correlation against competitors.
For more information on how to buy Remitly Stock please use our How to Invest in Remitly Global guide.

Latest Remitly Global's Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Remitly Global over the last few years. It is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value. Remitly Global's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Remitly Global's overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Pretty Stable
   Ptb Ratio   
       Timeline  

Remitly Ptb Ratio Regression Statistics

Arithmetic Mean25.10
Coefficient Of Variation119.10
Mean Deviation24.65
Median10.11
Standard Deviation29.89
Sample Variance893.42
Range105
R-Value(0.20)
Mean Square Error922.52
R-Squared0.04
Significance0.47
Slope(1.36)
Total Sum of Squares12,508

Remitly Ptb Ratio History

2024 6.3
2023 6.63
2022 4.0
2021 7.05
2020 44.68
2018 67.89
2017 -17.31

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's Ptb Ratio, 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 Remitly Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 6.63  6.30 

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Additional Tools for Remitly Stock Analysis

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