United Price To Book Ratio from 2010 to 2024

X Stock  USD 30.83  0.89  2.81%   
United States Price To Book Ratio yearly trend continues to be fairly stable with very little volatility. Price To Book Ratio is likely to outpace its year average in 2024. 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
0.98982734
Current Value
1.76
Quarterly Volatility
0.54725836
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United States' main balance sheet or income statement drivers, such as Depreciation And Amortization of 532.8 M or Interest Expense of 136.9 M, as well as many indicators such as Price To Sales Ratio of 0.4 or Dividend Yield of 0.0026. United financial statements analysis is a perfect complement when working with United States Valuation or Volatility modules.
  
Check out the analysis of United States Correlation against competitors.

Latest United States' Price To Book Ratio Growth Pattern

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

United Price To Book Ratio Regression Statistics

Arithmetic Mean1.05
Geometric Mean0.94
Coefficient Of Variation51.93
Mean Deviation0.42
Median0.99
Standard Deviation0.55
Sample Variance0.30
Range1.8151
R-Value0.04
Mean Square Error0.32
R-Squared0
Significance0.89
Slope0
Total Sum of Squares4.19

United Price To Book Ratio History

2024 1.76
2022 0.61
2021 0.7
2020 0.87
2019 0.48
2018 0.77
2017 1.85

About United States Financial Statements

United States investors use historical fundamental indicators, such as United States' Price To Book 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 United States. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 0.99  1.76 

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Additional Tools for United Stock Analysis

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