Relmada Price Book Value Ratio from 2010 to 2024

RLMD Stock  USD 3.02  0.12  4.14%   
Relmada Therapeutics' Price Book Value Ratio is increasing over the years with stable fluctuation. Price Book Value Ratio is expected to dwindle to 1.39. During the period from 2010 to 2024 Relmada Therapeutics Price Book Value Ratio annual values regression line had coefficient of variation of  160.73 and r-squared of  0.02. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
1.45986277
Current Value
1.39
Quarterly Volatility
3.74338131
 
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Yuan Drop
 
Covid
Check Relmada Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Relmada Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 108.9 M, Selling General Administrative of 51.3 M or Selling And Marketing Expenses of 14.9 M, as well as many indicators such as Price To Sales Ratio of 8.8 K, Dividend Yield of 0.0 or PTB Ratio of 1.39. Relmada financial statements analysis is a perfect complement when working with Relmada Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Relmada Therapeutics Correlation against competitors.
For information on how to trade Relmada Stock refer to our How to Trade Relmada Stock guide.

Latest Relmada Therapeutics' Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of Relmada Therapeutics over the last few years. It is Relmada Therapeutics' Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Relmada Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio10 Years Trend
Pretty Stable
   Price Book Value Ratio   
       Timeline  

Relmada Price Book Value Ratio Regression Statistics

Arithmetic Mean2.33
Coefficient Of Variation160.73
Mean Deviation2.92
Median1.46
Standard Deviation3.74
Sample Variance14.01
Range13.7516
R-Value0.13
Mean Square Error14.84
R-Squared0.02
Significance0.65
Slope0.11
Total Sum of Squares196.18

Relmada Price Book Value Ratio History

2024 1.39
2023 1.46
2022 0.74
2021 1.9
2020 4.74
2019 3.11
2018 6.04

About Relmada Therapeutics Financial Statements

Relmada Therapeutics stakeholders use historical fundamental indicators, such as Relmada Therapeutics' Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Relmada Therapeutics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Relmada Therapeutics' assets and liabilities are reflected in the revenues and expenses on Relmada Therapeutics' 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 Relmada Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 1.46  1.39 

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When determining whether Relmada Therapeutics is a strong investment it is important to analyze Relmada Therapeutics' 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 Relmada Therapeutics' future performance. For an informed investment choice regarding Relmada Stock, refer to the following important reports:
Check out the analysis of Relmada Therapeutics Correlation against competitors.
For information on how to trade Relmada Stock refer to our How to Trade Relmada Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Pharmaceuticals 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 Relmada Therapeutics. If investors know Relmada 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 Relmada Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.86)
Return On Assets
(0.59)
Return On Equity
(1.00)
The market value of Relmada Therapeutics is measured differently than its book value, which is the value of Relmada that is recorded on the company's balance sheet. Investors also form their own opinion of Relmada Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Relmada Therapeutics' 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 Relmada Therapeutics' market value can be influenced by many factors that don't directly affect Relmada Therapeutics' 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 Relmada Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Relmada Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Relmada Therapeutics' 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.