Forafric Pb Ratio from 2010 to 2024

AFRIW Stock  USD 1.40  0.03  2.10%   
Forafric Global PB Ratio yearly trend continues to be fairly stable with very little volatility. PB Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Forafric Global PB Ratio regression line of quarterly data had mean square error of  13.44 and geometric mean of  4.57. View All Fundamentals
 
PB Ratio  
First Reported
2010-12-31
Previous Quarter
12.48740047
Current Value
13.11
Quarterly Volatility
6.29409464
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forafric Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forafric Global's main balance sheet or income statement drivers, such as Interest Income of 35.1 K, Depreciation And Amortization of 6.3 M or Interest Expense of 11.7 M, as well as many indicators such as Price To Sales Ratio of 1.1, Dividend Yield of 0.0 or PTB Ratio of 13.11. Forafric financial statements analysis is a perfect complement when working with Forafric Global Valuation or Volatility modules.
  
Check out the analysis of Forafric Global Correlation against competitors.

Latest Forafric Global's Pb Ratio Growth Pattern

Below is the plot of the Pb Ratio of Forafric Global PLC over the last few years. It is Forafric Global's PB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forafric Global's overall financial position and show how it may be relating to other accounts over time.
Pb Ratio10 Years Trend
Slightly volatile
   Pb Ratio   
       Timeline  

Forafric Pb Ratio Regression Statistics

Arithmetic Mean0.34
Geometric Mean4.57
Coefficient Of Variation1,862
Mean Deviation5.31
Median(3.64)
Standard Deviation6.29
Sample Variance39.62
Range16.7527
R-Value0.83
Mean Square Error13.44
R-Squared0.69
Significance0.0001
Slope1.16
Total Sum of Squares554.62

Forafric Pb Ratio History

2024 13.11
2023 12.49
2022 7.76
2021 5.18
2020 2.96

About Forafric Global Financial Statements

Forafric Global investors use historical fundamental indicators, such as Forafric Global's Pb Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Forafric Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PB Ratio 12.49  13.11 

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Additional Tools for Forafric Stock Analysis

When running Forafric Global's price analysis, check to measure Forafric Global'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 Forafric Global is operating at the current time. Most of Forafric Global's value examination focuses on studying past and present price action to predict the probability of Forafric Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forafric Global's price. Additionally, you may evaluate how the addition of Forafric Global to your portfolios can decrease your overall portfolio volatility.