Commercial Ptb Ratio vs Pocfratio Analysis
CVGI Stock | USD 5.19 0.09 1.70% |
Commercial Vehicle financial indicator trend analysis is way more than just evaluating Commercial Vehicle prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Commercial Vehicle is a good investment. Please check the relationship between Commercial Vehicle Ptb Ratio and its Pocfratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commercial Vehicle Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Ptb Ratio vs Pocfratio
Ptb Ratio vs Pocfratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Commercial Vehicle Ptb Ratio account and Pocfratio. At this time, the significance of the direction appears to have very week relationship.
The correlation between Commercial Vehicle's Ptb Ratio and Pocfratio is 0.25. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Pocfratio in the same time period over historical financial statements of Commercial Vehicle Group, assuming nothing else is changed. The correlation between historical values of Commercial Vehicle's Ptb Ratio and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Commercial Vehicle Group are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Ptb Ratio i.e., Commercial Vehicle's Ptb Ratio and Pocfratio go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.Pocfratio
Most indicators from Commercial Vehicle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Commercial Vehicle 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Commercial Vehicle Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. As of now, Commercial Vehicle's Tax Provision is increasing as compared to previous years. The Commercial Vehicle's current Sales General And Administrative To Revenue is estimated to increase to 0.07, while Selling General Administrative is projected to decrease to under 62 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 11.2M | 9.8M | 12.9M | 17.1M | Depreciation And Amortization | 18.5M | 18.2M | 17.6M | 18.5M |
Commercial Vehicle fundamental ratios Correlations
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Commercial Vehicle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Commercial Vehicle fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 435.8M | 454.4M | 507.7M | 470.3M | 483.2M | 445.5M | |
Total Stockholder Equity | 128.7M | 95.4M | 126.7M | 120.0M | 172.9M | 102.9M | |
Other Assets | 17.2M | 27.5M | 29.5M | 19.8M | 1.0 | 0.95 | |
Common Stock Shares Outstanding | 30.8M | 30.9M | 32.8M | 32.3M | 33.6M | 27.2M | |
Liabilities And Stockholders Equity | 435.8M | 454.4M | 507.7M | 470.3M | 483.2M | 445.5M | |
Other Stockholder Equity | 234.6M | 237.4M | 242.4M | 246.9M | 249.1M | 213.6M | |
Total Liab | 307.1M | 359.0M | 381.0M | 350.2M | 310.3M | 342.6M | |
Short Long Term Debt Total | 193.4M | 179.7M | 222.5M | 179.3M | 173.6M | 203.0M | |
Other Current Liab | 32.1M | 39.4M | 8.7M | 35.4M | 39.9M | 22.0M | |
Total Current Liabilities | 106.6M | 164.9M | 162.1M | 175.8M | 145.2M | 125.2M | |
Other Liab | 17.6M | 25.6M | 14.8M | 13.3M | 15.3M | 23.3M | |
Property Plant And Equipment Net | 108.6M | 92.8M | 89.2M | 94.2M | 104.8M | 82.6M | |
Net Debt | 153.9M | 129.2M | 187.6M | 147.5M | 135.8M | 154.2M | |
Retained Earnings | (60.3M) | (97.4M) | (73.6M) | (95.6M) | (46.2M) | (48.5M) | |
Accounts Payable | 63.1M | 112.4M | 101.9M | 122.1M | 77.3M | 78.8M | |
Cash | 39.5M | 50.5M | 35.0M | 31.8M | 37.8M | 48.8M | |
Non Current Assets Total | 179.9M | 143.8M | 137.0M | 130.7M | 155.5M | 123.7M | |
Non Currrent Assets Other | 3.3M | 2.3M | 5.1M | 7.8M | 4.6M | 6.3M | |
Long Term Debt | 153.1M | 144.1M | 185.6M | 141.5M | 126.2M | 190.2M | |
Cash And Short Term Investments | 39.5M | 50.5M | 35.0M | 31.8M | 37.8M | 48.8M | |
Net Receivables | 115.1M | 151.1M | 174.5M | 152.6M | 133.9M | 121.5M | |
Good Will | 8.0M | 7.6M | 27.8M | 21.8M | 19.6M | 34.3M | |
Common Stock Total Equity | 323K | 313K | 321K | 328K | 377.2K | 287.1K | |
Non Current Liabilities Total | 200.5M | 194.1M | 218.9M | 174.4M | 165.1M | 221.2M | |
Inventory | 82.9M | 91.2M | 141.0M | 142.5M | 128.1M | 91.0M | |
Other Current Assets | 18.5M | 17.7M | 20.2M | 12.6M | 27.9M | 17.6M | |
Property Plant And Equipment Gross | 108.6M | 92.8M | 261.8M | 94.2M | 292.7M | 307.3M | |
Total Current Assets | 256.0M | 310.5M | 370.7M | 339.6M | 327.7M | 280.1M | |
Accumulated Other Comprehensive Income | (46.0M) | (45.0M) | (42.4M) | (31.6M) | (30.3M) | (31.8M) | |
Short Term Debt | 10.9M | 11.7M | 18.4M | 18.4M | 22.9M | 16.7M | |
Intangible Assets | 25.3M | 21.8M | 18.3M | 14.6M | 11.2M | 10.7M | |
Common Stock | 323K | 313K | 321K | 328K | 333K | 290.7K | |
Property Plant Equipment | 73.7M | 93.6M | 89.2M | 67.8M | 78.0M | 77.8M | |
Treasury Stock | (9.1M) | (10.2M) | (11.2M) | (13.2M) | (11.9M) | (11.3M) | |
Net Tangible Assets | 128.7M | 73.6M | 108.4M | 105.4M | 121.2M | 68.9M | |
Retained Earnings Total Equity | (70.6M) | (60.3M) | (73.6M) | (95.6M) | (109.9M) | (115.4M) | |
Long Term Debt Total | 154.7M | 153.1M | 185.6M | 141.5M | 127.3M | 164.9M | |
Capital Surpluse | 243.0M | 245.9M | 255.6M | 261.4M | 300.6M | 262.2M |
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When determining whether Commercial Vehicle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commercial Vehicle's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Commercial Vehicle Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commercial Vehicle Group Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commercial Vehicle Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Commercial Vehicle information on this page should be used as a complementary analysis to other Commercial Vehicle'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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When running Commercial Vehicle's price analysis, check to measure Commercial Vehicle'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 Commercial Vehicle is operating at the current time. Most of Commercial Vehicle's value examination focuses on studying past and present price action to predict the probability of Commercial Vehicle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commercial Vehicle's price. Additionally, you may evaluate how the addition of Commercial Vehicle to your portfolios can decrease your overall portfolio volatility.
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Is Commercial Vehicle'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 Commercial Vehicle. If investors know Commercial 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 Commercial Vehicle 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 (0.66) | Earnings Share 1.3 | Revenue Per Share 29.077 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0536 |
The market value of Commercial Vehicle is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Vehicle's value that differs from its market value or its book value, called intrinsic value, which is Commercial Vehicle'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 Commercial Vehicle's market value can be influenced by many factors that don't directly affect Commercial Vehicle'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 Commercial Vehicle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Commercial Vehicle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Vehicle'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.