Sharps Price Book Value Ratio from 2010 to 2024

STSS Stock  USD 3.97  0.12  3.12%   
Sharps Technology Price Book Value Ratio yearly trend continues to be comparatively stable with very little volatility. Price Book Value Ratio will likely drop to 14.28 in 2024. From the period from 2010 to 2024, Sharps Technology Price Book Value Ratio quarterly data regression had r-value of (0.83) and coefficient of variation of  63.12. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
15.02880032
Current Value
14.28
Quarterly Volatility
335.73022838
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sharps Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sharps Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 935.8 K, Total Revenue of 0.0 or Other Operating Expenses of 5.8 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 14.28. Sharps financial statements analysis is a perfect complement when working with Sharps Technology Valuation or Volatility modules.
  
Check out the analysis of Sharps Technology Correlation against competitors.
For more information on how to buy Sharps Stock please use our How to Invest in Sharps Technology guide.

Latest Sharps Technology's Price Book Value Ratio Growth Pattern

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

Sharps Price Book Value Ratio Regression Statistics

Arithmetic Mean531.87
Geometric Mean289.18
Coefficient Of Variation63.12
Mean Deviation302.94
Median759.08
Standard Deviation335.73
Sample Variance112,715
Range745
R-Value(0.83)
Mean Square Error36,938
R-Squared0.70
Significance0.0001
Slope(62.62)
Total Sum of Squares1.6M

Sharps Price Book Value Ratio History

2024 14.28
2023 15.03
2022 22.37
2021 135.76
2020 199.82

About Sharps Technology Financial Statements

Sharps Technology shareholders use historical fundamental indicators, such as Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Sharps Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Sharps Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sharps Technology'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 Book Value Ratio 15.03  14.28 

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Additional Tools for Sharps Stock Analysis

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