Third Ptb Ratio from 2010 to 2024

TCBX Stock  USD 37.28  0.65  1.77%   
Third Coast PTB Ratio yearly trend continues to be fairly stable with very little volatility. PTB Ratio will likely drop to 0.62 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 Third Coast's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
0.65515105
Current Value
0.62
Quarterly Volatility
2.37173333
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Third Coast financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Third Coast's main balance sheet or income statement drivers, such as Tax Provision of 4.3 M, Net Interest Income of 97.5 M or Interest Income of 138 M, as well as many indicators such as Price To Sales Ratio of 1.81, Dividend Yield of 0.0184 or PTB Ratio of 0.62. Third financial statements analysis is a perfect complement when working with Third Coast Valuation or Volatility modules.
  
Check out the analysis of Third Coast Correlation against competitors.

Latest Third Coast's Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Third Coast Bancshares 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. Third Coast's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Third Coast's overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Slightly volatile
   Ptb Ratio   
       Timeline  

Third Ptb Ratio Regression Statistics

Arithmetic Mean4.24
Geometric Mean3.09
Coefficient Of Variation55.97
Mean Deviation2.11
Median5.82
Standard Deviation2.37
Sample Variance5.63
Range5.2017
R-Value(0.83)
Mean Square Error1.90
R-Squared0.69
Significance0.0001
Slope(0.44)
Total Sum of Squares78.75

Third Ptb Ratio History

2024 0.62
2023 0.66
2022 0.65
2021 0.68
2020 2.74

About Third Coast Financial Statements

Third Coast investors use historical fundamental indicators, such as Third Coast'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 Third Coast. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 0.66  0.62 

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Additional Tools for Third Stock Analysis

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