Freshpet Ptb Ratio from 2010 to 2024
| FRPT Stock | USD 126.67 1.83 1.47% |
PTB Ratio | First Reported 2010-12-31 | Previous Quarter 4.38261508 | Current Value 4.6 | Quarterly Volatility 15.02705345 |
Check Freshpet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Freshpet main balance sheet or income statement drivers, such as Depreciation And Amortization of 61.4 M, Interest Expense of 14.8 M or Selling General Administrative of 7.7 M, as well as many exotic indicators such as Price To Sales Ratio of 5.24, Dividend Yield of 0.0 or PTB Ratio of 4.6. Freshpet financial statements analysis is a perfect complement when working with Freshpet Valuation or Volatility modules.
Freshpet | Ptb Ratio |
Latest Freshpet's Ptb Ratio Growth Pattern
Below is the plot of the Ptb Ratio of Freshpet 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. Freshpet's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Freshpet's overall financial position and show how it may be relating to other accounts over time.
| Ptb Ratio | 10 Years Trend |
|
Ptb Ratio |
| Timeline |
Freshpet Ptb Ratio Regression Statistics
| Arithmetic Mean | (1.77) | |
| Geometric Mean | 7.67 | |
| Coefficient Of Variation | (849.65) | |
| Mean Deviation | 12.01 | |
| Median | 3.17 | |
| Standard Deviation | 15.03 | |
| Sample Variance | 225.81 | |
| Range | 44.1433 | |
| R-Value | 0.76 | |
| Mean Square Error | 101.26 | |
| R-Squared | 0.58 | |
| Significance | 0.0009 | |
| Slope | 2.57 | |
| Total Sum of Squares | 3,161 |
Freshpet Ptb Ratio History
About Freshpet Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Freshpet income statement, its balance sheet, and the statement of cash flows. Freshpet investors use historical funamental indicators, such as Freshpet's Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Freshpet investors may use each financial statement separately, they are all related. The changes in Freshpet's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Freshpet's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Freshpet Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Freshpet. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| PTB Ratio | 4.38 | 4.60 |
Pair Trading with Freshpet
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Freshpet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Freshpet will appreciate offsetting losses from the drop in the long position's value.Moving together with Freshpet Stock
| 0.69 | MO | Altria Group Aggressive Push | PairCorr |
Moving against Freshpet Stock
| 0.72 | AGRI | AgriFORCE Growing Systems | PairCorr |
| 0.56 | SAM | Boston Beer | PairCorr |
| 0.51 | PAVS | Paranovus Entertainment | PairCorr |
| 0.5 | IH | IhumanInc | PairCorr |
| 0.46 | GO | Grocery Outlet Holding Buyout Trend | PairCorr |
The ability to find closely correlated positions to Freshpet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Freshpet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Freshpet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Freshpet to buy it.
The correlation of Freshpet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Freshpet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Freshpet moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Freshpet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Freshpet Correlation against competitors. For more information on how to buy Freshpet Stock please use our How to Invest in Freshpet guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Freshpet Stock analysis
When running Freshpet's price analysis, check to measure Freshpet'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 Freshpet is operating at the current time. Most of Freshpet's value examination focuses on studying past and present price action to predict the probability of Freshpet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freshpet's price. Additionally, you may evaluate how the addition of Freshpet to your portfolios can decrease your overall portfolio volatility.
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Is Freshpet's industry 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 Freshpet. If investors know Freshpet 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 Freshpet 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 0.093 | Earnings Share 0.19 | Revenue Per Share 17.068 | Quarterly Revenue Growth 0.336 | Return On Assets 0.0002 |
The market value of Freshpet is measured differently than its book value, which is the value of Freshpet that is recorded on the company's balance sheet. Investors also form their own opinion of Freshpet's value that differs from its market value or its book value, called intrinsic value, which is Freshpet'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 Freshpet's market value can be influenced by many factors that don't directly affect Freshpet'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 Freshpet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freshpet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freshpet'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.