Zoetis Ptb Ratio from 2010 to 2024

ZTS Stock  USD 176.74  1.04  0.59%   
Zoetis PTB Ratio yearly trend continues to be comparatively stable with very little volatility. PTB Ratio will likely drop to 13.07 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 Zoetis' equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
18.21523267
Current Value
13.07
Quarterly Volatility
6.95839218
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Zoetis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zoetis' main balance sheet or income statement drivers, such as Depreciation And Amortization of 515.5 M, Interest Expense of 159.1 M or Total Revenue of 6 B, as well as many indicators such as Price To Sales Ratio of 5.59, Dividend Yield of 0.0089 or PTB Ratio of 13.07. Zoetis financial statements analysis is a perfect complement when working with Zoetis Valuation or Volatility modules.
  
Check out the analysis of Zoetis Correlation against competitors.

Latest Zoetis' Ptb Ratio Growth Pattern

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

Zoetis Ptb Ratio Regression Statistics

Arithmetic Mean16.12
Geometric Mean13.87
Coefficient Of Variation43.16
Mean Deviation5.29
Median17.85
Standard Deviation6.96
Sample Variance48.42
Range21.6287
R-Value0.58
Mean Square Error34.53
R-Squared0.34
Significance0.02
Slope0.90
Total Sum of Squares677.87

Zoetis Ptb Ratio History

2024 13.07
2023 18.22
2022 15.6
2021 25.48
2020 20.88
2019 23.37
2018 18.91

About Zoetis Financial Statements

Zoetis shareholders use historical fundamental indicators, such as Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Zoetis investors may analyze each financial statement separately, they are all interrelated. The changes in Zoetis' assets and liabilities, for example, are also reflected in the revenues and expenses on on Zoetis' 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
PTB Ratio 18.22  13.07 

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Additional Tools for Zoetis Stock Analysis

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