Plexus Ptb Ratio from 2010 to 2024
| PLXS Stock | USD 108.88 0.50 0.46% |
PTB Ratio | First Reported 2010-12-31 | Previous Quarter 2.43 | Current Value 4.08 | Quarterly Volatility 0.58724912 |
Check Plexus Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Plexus main balance sheet or income statement drivers, such as Depreciation And Amortization of 28.1 M, Interest Expense of 38.1 M or Total Revenue of 5.1 B, as well as many exotic indicators such as Price To Sales Ratio of 0.96, Dividend Yield of 4.0E-4 or PTB Ratio of 4.08. Plexus financial statements analysis is a perfect complement when working with Plexus Corp Valuation or Volatility modules.
Plexus | Ptb Ratio |
Latest Plexus Corp's Ptb Ratio Growth Pattern
Below is the plot of the Ptb Ratio of Plexus Corp 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. Plexus Corp's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Plexus Corp's overall financial position and show how it may be relating to other accounts over time.
| Ptb Ratio | 10 Years Trend |
|
Ptb Ratio |
| Timeline |
Plexus Ptb Ratio Regression Statistics
| Arithmetic Mean | 2.18 | |
| Geometric Mean | 2.12 | |
| Coefficient Of Variation | 26.96 | |
| Mean Deviation | 0.33 | |
| Median | 2.23 | |
| Standard Deviation | 0.59 | |
| Sample Variance | 0.34 | |
| Range | 2.3771 | |
| R-Value | 0.66 | |
| Mean Square Error | 0.21 | |
| R-Squared | 0.44 | |
| Significance | 0.01 | |
| Slope | 0.09 | |
| Total Sum of Squares | 4.83 |
Plexus Ptb Ratio History
About Plexus Corp Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Plexus Corp income statement, its balance sheet, and the statement of cash flows. Plexus Corp investors use historical funamental indicators, such as Plexus Corp's Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Plexus Corp investors may use each financial statement separately, they are all related. The changes in Plexus Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Plexus Corp'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 Plexus Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Plexus Corp. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| PTB Ratio | 2.43 | 4.08 |
Pair Trading with Plexus Corp
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 Plexus Corp 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 Plexus Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Plexus Stock
| 0.79 | CDW | CDW Corp | PairCorr |
| 0.78 | NTGR | NETGEAR | PairCorr |
| 0.68 | IT | Gartner | PairCorr |
| 0.58 | RFIL | RF Industries Financial Report 12th of June 2024 | PairCorr |
| 0.47 | RDCM | Radcom | PairCorr |
The ability to find closely correlated positions to Plexus Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Plexus Corp 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 Plexus Corp - 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 Plexus Corp to buy it.
The correlation of Plexus Corp 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 Plexus Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Plexus Corp 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 Plexus Corp 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 Plexus Corp Correlation against competitors. For more information on how to buy Plexus Stock please use our How to Invest in Plexus Corp guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Plexus Stock analysis
When running Plexus Corp's price analysis, check to measure Plexus Corp'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 Plexus Corp is operating at the current time. Most of Plexus Corp's value examination focuses on studying past and present price action to predict the probability of Plexus Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plexus Corp's price. Additionally, you may evaluate how the addition of Plexus Corp to your portfolios can decrease your overall portfolio volatility.
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Is Plexus Corp'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 Plexus Corp. If investors know Plexus 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 Plexus Corp 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 (0.60) | Earnings Share 3.63 | Revenue Per Share 145.204 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0364 |
The market value of Plexus Corp is measured differently than its book value, which is the value of Plexus that is recorded on the company's balance sheet. Investors also form their own opinion of Plexus Corp's value that differs from its market value or its book value, called intrinsic value, which is Plexus Corp'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 Plexus Corp's market value can be influenced by many factors that don't directly affect Plexus Corp'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 Plexus Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plexus Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plexus Corp'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.