Atmus Pe Ratio vs Book Value Per Share Analysis
ATMU Stock | 38.82 0.43 1.10% |
Atmus Filtration financial indicator trend analysis is way more than just evaluating Atmus Filtration Tec prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atmus Filtration Tec is a good investment. Please check the relationship between Atmus Filtration Pe Ratio and its Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atmus Filtration Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Pe Ratio vs Book Value Per Share
Pe Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atmus Filtration Tec Pe Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have no relationship.
The correlation between Atmus Filtration's Pe Ratio and Book Value Per Share is 0.09. Overlapping area represents the amount of variation of Pe Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Atmus Filtration Technologies, assuming nothing else is changed. The correlation between historical values of Atmus Filtration's Pe Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pe Ratio of Atmus Filtration Technologies are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Pe Ratio i.e., Atmus Filtration's Pe Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Pe Ratio
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most indicators from Atmus Filtration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atmus Filtration Tec current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atmus Filtration Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. Tax Provision is likely to drop to about 38.5 M in 2024. Selling General Administrative is likely to drop to about 156.1 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 1.4B | 1.6B | 1.6B | 1.6B | Depreciation And Amortization | 21M | 21.6M | 21.5M | 23.3M |
Atmus Filtration fundamental ratios Correlations
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Atmus Filtration Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Atmus Stock Analysis
When running Atmus Filtration's price analysis, check to measure Atmus Filtration'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 Atmus Filtration is operating at the current time. Most of Atmus Filtration's value examination focuses on studying past and present price action to predict the probability of Atmus Filtration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atmus Filtration's price. Additionally, you may evaluate how the addition of Atmus Filtration to your portfolios can decrease your overall portfolio volatility.