VerifyMe Price To Book Ratio from 2010 to 2024
VRME Stock | USD 0.69 0.0005 0.07% |
Price To Book Ratio | First Reported 2010-12-31 | Previous Quarter 0.86569547 | Current Value 0.91 | Quarterly Volatility 34.30478267 |
Check VerifyMe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VerifyMe's main balance sheet or income statement drivers, such as Interest Expense of 152.9 K, Selling General Administrative of 10.5 M or Research Development of 101.7 K, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 39.03 or PTB Ratio of 0.91. VerifyMe financial statements analysis is a perfect complement when working with VerifyMe Valuation or Volatility modules.
VerifyMe | Price To Book Ratio |
Latest VerifyMe's Price To Book Ratio Growth Pattern
Below is the plot of the Price To Book Ratio of VerifyMe 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. VerifyMe's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in VerifyMe's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio | 10 Years Trend |
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Price To Book Ratio |
Timeline |
VerifyMe Price To Book Ratio Regression Statistics
Arithmetic Mean | (11.21) | |
Coefficient Of Variation | (306.10) | |
Mean Deviation | 21.84 | |
Median | 0.72 | |
Standard Deviation | 34.30 | |
Sample Variance | 1,177 | |
Range | 125 | |
R-Value | (0.1) | |
Mean Square Error | 1,255 | |
R-Squared | 0.01 | |
Significance | 0.73 | |
Slope | (0.75) | |
Total Sum of Squares | 16,475 |
VerifyMe Price To Book Ratio History
About VerifyMe Financial Statements
VerifyMe stakeholders use historical fundamental indicators, such as VerifyMe's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although VerifyMe investors may analyze each financial statement separately, they are all interrelated. For example, changes in VerifyMe's assets and liabilities are reflected in the revenues and expenses on VerifyMe'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 VerifyMe. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Price To Book Ratio | 0.87 | 0.91 |
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 VerifyMe is a strong investment it is important to analyze VerifyMe'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 VerifyMe's future performance. For an informed investment choice regarding VerifyMe Stock, refer to the following important reports:Check out the analysis of VerifyMe Correlation against competitors. For information on how to trade VerifyMe Stock refer to our How to Trade VerifyMe Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Electronic Equipment, Instruments & Components 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 VerifyMe. If investors know VerifyMe 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 VerifyMe listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.97) | Earnings Share (0.32) | Revenue Per Share 2.533 | Quarterly Revenue Growth 0.003 | Return On Assets (0.05) |
The market value of VerifyMe is measured differently than its book value, which is the value of VerifyMe that is recorded on the company's balance sheet. Investors also form their own opinion of VerifyMe's value that differs from its market value or its book value, called intrinsic value, which is VerifyMe'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 VerifyMe's market value can be influenced by many factors that don't directly affect VerifyMe'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 VerifyMe's value and its price as these two are different measures arrived at by different means. Investors typically determine if VerifyMe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VerifyMe'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.