Technology Pe Ratio vs Ptb Ratio Analysis

TETEU Stock

USD 12.15 0.00 0.00%

Technology Telecommunicatio financial indicator trend analysis is much more than just breaking down Technology Telecommunicatio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Technology Telecommunicatio is a good investment. Please check the relationship between Technology Telecommunicatio Pe Ratio and its Ptb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Technology Telecommunication Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Pe Ratio vs Ptb Ratio

Pe Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Technology Telecommunicatio Pe Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have totally related.

The correlation between Technology Telecommunicatio's Pe Ratio and Ptb Ratio is 1.0. Overlapping area represents the amount of variation of Pe Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Technology Telecommunication Acquisition, assuming nothing else is changed. The correlation between historical values of Technology Telecommunicatio's Pe Ratio and Ptb Ratio 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 Technology Telecommunication Acquisition are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Pe Ratio i.e., Technology Telecommunicatio's Pe Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Pe Ratio

Ptb Ratio

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.

Most indicators from Technology Telecommunicatio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Technology Telecommunicatio 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Technology Telecommunication Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

At this time, Technology Telecommunicatio's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 953.49 in 2024, whereas Selling General Administrative is likely to drop slightly above 400.8 K in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	501.0K	1.8M	2.1M	2.2M
Depreciation And Amortization	500.95	2.0M	2.3M	2.4M

Other Operating Expenses Depreciation And Amortization

Technology Telecommunicatio fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Common Stock	Cash And Short Term Investments	Short Term Investments
Total Assets		0.81	0.82	0.41	1.0	-0.86	0.25	-0.68	0.46	1.0	1.0	0.84	-0.16	0.82	-0.84	-0.84	0.66	1.0	0.81	0.62	1.0	-0.32	0.81	1.0	-0.41	-0.38
Short Long Term Debt Total	0.81		0.94	0.75	0.76	-0.97	0.64	-0.93	0.78	0.81	0.81	0.96	-0.66	0.99	-0.96	-0.96	0.97	0.78	1.0	0.16	0.81	-0.73	1.0	0.81	-0.77	-0.44
Other Current Liab	0.82	0.94		0.86	0.78	-0.98	0.76	-0.97	0.88	0.82	0.82	1.0	-0.69	0.97	-1.0	-1.0	0.93	0.79	0.94	0.06	0.82	-0.8	0.94	0.82	-0.86	-0.68
Total Current Liabilities	0.41	0.75	0.86		0.36	-0.79	0.99	-0.93	1.0	0.41	0.41	0.83	-0.94	0.8	-0.83	-0.83	0.87	0.38	0.75	-0.46	0.41	-0.98	0.75	0.41	-1.0	-0.79
Total Stockholder Equity	1.0	0.76	0.78	0.36		-0.82	0.2	-0.63	0.4	1.0	1.0	0.81	-0.1	0.78	-0.8	-0.81	0.6	1.0	0.76	0.66	1.0	-0.26	0.76	1.0	-0.35	-0.36
Current Deferred Revenue	-0.86	-0.97	-0.98	-0.79	-0.82		-0.68	0.96	-0.82	-0.86	-0.86	-1.0	0.64	-0.99	1.0	1.0	-0.94	-0.83	-0.97	-0.16	-0.86	0.75	-0.97	-0.86	0.8	0.55
Net Debt	0.25	0.64	0.76	0.99	0.2	-0.68		-0.86	0.98	0.25	0.26	0.72	-0.96	0.69	-0.72	-0.72	0.8	0.22	0.64	-0.6	0.26	-0.98	0.64	0.26	-0.98	-0.78
Retained Earnings	-0.68	-0.93	-0.97	-0.93	-0.63	0.96	-0.86		-0.94	-0.68	-0.68	-0.97	0.83	-0.95	0.97	0.97	-0.97	-0.65	-0.93	0.13	-0.68	0.91	-0.93	-0.68	0.94	0.65
Accounts Payable	0.46	0.78	0.88	1.0	0.4	-0.82	0.98	-0.94		0.46	0.46	0.85	-0.92	0.82	-0.85	-0.85	0.89	0.42	0.78	-0.42	0.46	-0.98	0.78	0.46	-1.0	-0.79
Non Current Assets Total	1.0	0.81	0.82	0.41	1.0	-0.86	0.25	-0.68	0.46		1.0	0.84	-0.16	0.82	-0.84	-0.84	0.66	1.0	0.81	0.61	1.0	-0.32	0.81	1.0	-0.41	-0.38
Non Currrent Assets Other	1.0	0.81	0.82	0.41	1.0	-0.86	0.26	-0.68	0.46	1.0		0.84	-0.16	0.82	-0.84	-0.84	0.66	1.0	0.81	0.61	1.0	-0.32	0.81	1.0	-0.41	-0.38
Other Assets	0.84	0.96	1.0	0.83	0.81	-1.0	0.72	-0.97	0.85	0.84	0.84		-0.66	0.98	-1.0	-1.0	0.94	0.82	0.96	0.11	0.84	-0.78	0.96	0.84	-0.83	-0.61
Common Stock Shares Outstanding	-0.16	-0.66	-0.69	-0.94	-0.1	0.64	-0.96	0.83	-0.92	-0.16	-0.16	-0.66		-0.68	0.67	0.66	-0.83	-0.12	-0.66	0.63	-0.16	0.97	-0.66	-0.16	0.95	0.6
Non Current Liabilities Total	0.82	0.99	0.97	0.8	0.78	-0.99	0.69	-0.95	0.82	0.82	0.82	0.98	-0.68		-0.98	-0.98	0.97	0.79	0.99	0.13	0.82	-0.76	0.99	0.82	-0.81	-0.52
Other Current Assets	-0.84	-0.96	-1.0	-0.83	-0.8	1.0	-0.72	0.97	-0.85	-0.84	-0.84	-1.0	0.67	-0.98		1.0	-0.94	-0.82	-0.96	-0.11	-0.84	0.78	-0.96	-0.84	0.83	0.62
Other Stockholder Equity	-0.84	-0.96	-1.0	-0.83	-0.81	1.0	-0.72	0.97	-0.85	-0.84	-0.84	-1.0	0.66	-0.98	1.0		-0.94	-0.82	-0.96	-0.11	-0.84	0.78	-0.96	-0.84	0.83	0.61
Total Liab	0.66	0.97	0.93	0.87	0.6	-0.94	0.8	-0.97	0.89	0.66	0.66	0.94	-0.83	0.97	-0.94	-0.94		0.62	0.97	-0.09	0.66	-0.86	0.97	0.66	-0.89	-0.52
Net Invested Capital	1.0	0.78	0.79	0.38	1.0	-0.83	0.22	-0.65	0.42	1.0	1.0	0.82	-0.12	0.79	-0.82	-0.82	0.62		0.78	0.64	1.0	-0.28	0.78	1.0	-0.37	-0.37
Short Long Term Debt	0.81	1.0	0.94	0.75	0.76	-0.97	0.64	-0.93	0.78	0.81	0.81	0.96	-0.66	0.99	-0.96	-0.96	0.97	0.78		0.16	0.81	-0.73	1.0	0.81	-0.77	-0.44
Total Current Assets	0.62	0.16	0.06	-0.46	0.66	-0.16	-0.6	0.13	-0.42	0.61	0.61	0.11	0.63	0.13	-0.11	-0.11	-0.09	0.64	0.16		0.61	0.53	0.16	0.61	0.46	0.34
Capital Stock	1.0	0.81	0.82	0.41	1.0	-0.86	0.26	-0.68	0.46	1.0	1.0	0.84	-0.16	0.82	-0.84	-0.84	0.66	1.0	0.81	0.61		-0.32	0.81	1.0	-0.41	-0.38
Net Working Capital	-0.32	-0.73	-0.8	-0.98	-0.26	0.75	-0.98	0.91	-0.98	-0.32	-0.32	-0.78	0.97	-0.76	0.78	0.78	-0.86	-0.28	-0.73	0.53	-0.32		-0.73	-0.32	0.99	0.69
Short Term Debt	0.81	1.0	0.94	0.75	0.76	-0.97	0.64	-0.93	0.78	0.81	0.81	0.96	-0.66	0.99	-0.96	-0.96	0.97	0.78	1.0	0.16	0.81	-0.73		0.81	-0.77	-0.44
Common Stock	1.0	0.81	0.82	0.41	1.0	-0.86	0.26	-0.68	0.46	1.0	1.0	0.84	-0.16	0.82	-0.84	-0.84	0.66	1.0	0.81	0.61	1.0	-0.32	0.81		-0.41	-0.38
Cash And Short Term Investments	-0.41	-0.77	-0.86	-1.0	-0.35	0.8	-0.98	0.94	-1.0	-0.41	-0.41	-0.83	0.95	-0.81	0.83	0.83	-0.89	-0.37	-0.77	0.46	-0.41	0.99	-0.77	-0.41		0.74
Short Term Investments	-0.38	-0.44	-0.68	-0.79	-0.36	0.55	-0.78	0.65	-0.79	-0.38	-0.38	-0.61	0.6	-0.52	0.62	0.61	-0.52	-0.37	-0.44	0.34	-0.38	0.69	-0.44	-0.38	0.74

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Technology Pe Ratio vs Ptb Ratio Analysis

Pe Ratio vs Ptb Ratio

Pe Ratio vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Pe Ratio

Ptb Ratio

Technology Telecommunicatio fundamental ratios Correlations

Technology Telecommunicatio Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Technology Stock Analysis

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Capital Stock	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets

Other Stockholder Equity	- 1.0	Other Assets
Other Current Assets	- 1.0	Other Assets
Cash And Short Term Investments	- 1.0	Accounts Payable
Other Assets	- 1.0	Current Deferred Revenue
Cash And Short Term Investments	- 1.0	Total Current Liabilities
Other Stockholder Equity	- 1.0	Other Current Liab