Planet Ptb Ratio from 2010 to 2024

PLAG Stock  USD 0.23  0.03  15.00%   
Planet Green's PTB Ratio is increasing over the last several years with slightly volatile swings. PTB Ratio is estimated to finish at 1.90 this year. 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 Planet Green's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
1.81352302
Current Value
1.9
Quarterly Volatility
4.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Planet Green financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Planet main balance sheet or income statement drivers, such as Interest Expense of 522.2 M, Selling General Administrative of 9.8 M or Other Operating Expenses of 34.1 M, as well as many exotic indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.0 or PTB Ratio of 1.9. Planet financial statements analysis is a perfect complement when working with Planet Green Valuation or Volatility modules.
  
This module can also supplement various Planet Green Technical models . Check out the analysis of Planet Green Correlation against competitors.

Latest Planet Green's Ptb Ratio Growth Pattern

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

Planet Ptb Ratio Regression Statistics

Arithmetic Mean(1,257)
Geometric Mean1.19
Coefficient Of Variation(387.46)
Mean Deviation2,348
Median0.37
Standard Deviation4,872
Sample Variance23.7M
Range18.9K
R-Value0.43
Mean Square Error20.8M
R-Squared0.19
Significance0.11
Slope471.86
Total Sum of Squares332.4M

Planet Ptb Ratio History

2024 1.9
2023 1.81
2021 0.54
2020 1.23
2019 0.91
2018 0.88
2017 -2.21

About Planet Green Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Planet Green income statement, its balance sheet, and the statement of cash flows. Planet Green investors use historical funamental indicators, such as Planet Green's Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Planet Green investors may use each financial statement separately, they are all related. The changes in Planet Green's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Planet Green'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 Planet Green Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Planet Green. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 1.81  1.90 

Currently Active Assets on Macroaxis

When determining whether Planet Green Holdings is a strong investment it is important to analyze Planet Green's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Planet Green's future performance. For an informed investment choice regarding Planet Stock, refer to the following important reports:
Check out the analysis of Planet Green Correlation against competitors.
Note that the Planet Green Holdings information on this page should be used as a complementary analysis to other Planet Green's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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Is Planet Green'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 Planet Green. If investors know Planet 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 Planet Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.29)
Revenue Per Share
0.376
Quarterly Revenue Growth
(0.59)
Return On Assets
(0.11)
Return On Equity
(0.69)
The market value of Planet Green Holdings is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Green's value that differs from its market value or its book value, called intrinsic value, which is Planet Green'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 Planet Green's market value can be influenced by many factors that don't directly affect Planet Green'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 Planet Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Green'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.