Siyata Price To Book Ratio from 2010 to 2024

SYTA Stock  USD 0.69  0.01  1.43%   
Siyata Mobile's Price To Book Ratio is increasing over the years with stable fluctuation. Price To Book Ratio is expected to dwindle to 1.70. 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
1.78438592
Current Value
1.7
Quarterly Volatility
233.49433984
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Siyata Mobile financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Siyata Mobile's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 883.9 K or Selling General Administrative of 10.9 M, as well as many indicators such as Price To Sales Ratio of 2.0, Dividend Yield of 0.0 or PTB Ratio of 1.7. Siyata financial statements analysis is a perfect complement when working with Siyata Mobile Valuation or Volatility modules.
  
Check out the analysis of Siyata Mobile Correlation against competitors.
For information on how to trade Siyata Stock refer to our How to Trade Siyata Stock guide.

Latest Siyata Mobile's Price To Book Ratio Growth Pattern

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

Siyata Price To Book Ratio Regression Statistics

Arithmetic Mean70.06
Coefficient Of Variation333.28
Mean Deviation115.12
Median0
Standard Deviation233.49
Sample Variance54,520
Range909
R-Value0.28
Mean Square Error53,961
R-Squared0.08
Significance0.30
Slope14.85
Total Sum of Squares763,274

Siyata Price To Book Ratio History

2024 1.7
2023 1.78
2022 43.62
2021 908.86
2020 94.66
2019 3.24E-4
2018 4.2E-4

About Siyata Mobile Financial Statements

Siyata Mobile stakeholders use historical fundamental indicators, such as Siyata Mobile's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Siyata Mobile investors may analyze each financial statement separately, they are all interrelated. For example, changes in Siyata Mobile's assets and liabilities are reflected in the revenues and expenses on Siyata Mobile'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 Siyata Mobile. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 1.78  1.70 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Siyata Mobile is a strong investment it is important to analyze Siyata Mobile'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 Siyata Mobile's future performance. For an informed investment choice regarding Siyata Stock, refer to the following important reports:
Check out the analysis of Siyata Mobile Correlation against competitors.
For information on how to trade Siyata Stock refer to our How to Trade Siyata Stock guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Communications Equipment 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 Siyata Mobile. If investors know Siyata 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 Siyata Mobile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
65.55
Revenue Per Share
175.111
Quarterly Revenue Growth
(0.30)
Return On Assets
(0.43)
Return On Equity
(3.29)
The market value of Siyata Mobile is measured differently than its book value, which is the value of Siyata that is recorded on the company's balance sheet. Investors also form their own opinion of Siyata Mobile's value that differs from its market value or its book value, called intrinsic value, which is Siyata Mobile'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 Siyata Mobile's market value can be influenced by many factors that don't directly affect Siyata Mobile'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 Siyata Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Siyata Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siyata Mobile'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.