NextTrip Ptb Ratio from 2010 to 2024
| NTRP Stock | USD 2.30 0.29 11.20% |
PTB Ratio | First Reported 2010-12-31 | Previous Quarter 0.95 | Current Value 0.9 | Quarterly Volatility 713.86090226 |
Check NextTrip financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NextTrip main balance sheet or income statement drivers, such as Selling General Administrative of 6.7 M, Other Operating Expenses of 10.6 M or Total Operating Expenses of 10.5 M, as well as many exotic indicators such as Price To Sales Ratio of 12.33, Dividend Yield of 0.0 or PTB Ratio of 0.9. NextTrip financial statements analysis is a perfect complement when working with NextTrip Valuation or Volatility modules.
NextTrip | Ptb Ratio |
Latest NextTrip's Ptb Ratio Growth Pattern
Below is the plot of the Ptb Ratio of NextTrip 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. NextTrip's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NextTrip's overall financial position and show how it may be relating to other accounts over time.
| Ptb Ratio | 10 Years Trend |
|
Ptb Ratio |
| Timeline |
NextTrip Ptb Ratio Regression Statistics
| Arithmetic Mean | 282.15 | |
| Geometric Mean | 12.50 | |
| Coefficient Of Variation | 253.01 | |
| Mean Deviation | 468.83 | |
| Median | 14.65 | |
| Standard Deviation | 713.86 | |
| Sample Variance | 509,597 | |
| Range | 2K | |
| R-Value | (0.60) | |
| Mean Square Error | 351,297 | |
| R-Squared | 0.36 | |
| Significance | 0.02 | |
| Slope | (95.76) | |
| Total Sum of Squares | 7.1M |
NextTrip Ptb Ratio History
About NextTrip Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include NextTrip income statement, its balance sheet, and the statement of cash flows. NextTrip investors use historical funamental indicators, such as NextTrip's Ptb Ratio, to determine how well the company is positioned to perform in the future. Although NextTrip investors may use each financial statement separately, they are all related. The changes in NextTrip's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NextTrip'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 NextTrip Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NextTrip. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| PTB Ratio | 0.95 | 0.90 |
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Complementary Tools for NextTrip Stock analysis
When running NextTrip's price analysis, check to measure NextTrip'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 NextTrip is operating at the current time. Most of NextTrip's value examination focuses on studying past and present price action to predict the probability of NextTrip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NextTrip's price. Additionally, you may evaluate how the addition of NextTrip to your portfolios can decrease your overall portfolio volatility.
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Is NextTrip'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 NextTrip. If investors know NextTrip 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 NextTrip listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NextTrip is measured differently than its book value, which is the value of NextTrip that is recorded on the company's balance sheet. Investors also form their own opinion of NextTrip's value that differs from its market value or its book value, called intrinsic value, which is NextTrip'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 NextTrip's market value can be influenced by many factors that don't directly affect NextTrip'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 NextTrip's value and its price as these two are different measures arrived at by different means. Investors typically determine if NextTrip is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NextTrip'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.