Doman Pb Ratio vs Ptb Ratio Analysis
DBM Stock | 8.34 0.03 0.36% |
Doman Building financial indicator trend analysis is much more than just examining Doman Building Materials latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Doman Building Materials is a good investment. Please check the relationship between Doman Building Pb Ratio and its Ptb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Doman Building Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Pb Ratio vs Ptb Ratio
Pb Ratio vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Doman Building Materials Pb Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Doman Building's Pb Ratio and Ptb Ratio is 1.0. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Doman Building Materials, assuming nothing else is changed. The correlation between historical values of Doman Building's Pb Ratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Doman Building Materials are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Pb Ratio i.e., Doman Building's Pb Ratio and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Pb Ratio
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.Most indicators from Doman Building's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Doman Building Materials 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Doman Building Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Doman Building's Tax Provision is very stable compared to the past year. As of the 4th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Selling General Administrative is likely to drop about 109.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 2.5B | 3.0B | 2.5B | 1.3B | Depreciation And Amortization | 55.1M | 66.9M | 68.1M | 71.5M |
Doman Building fundamental ratios Correlations
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Doman Building Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Doman Building fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 894.4M | 867.2M | 1.5B | 1.4B | 1.4B | 1.5B | |
Short Long Term Debt Total | 450.2M | 366.5M | 841.9M | 706.1M | 685.5M | 719.8M | |
Other Current Liab | 28.1M | 19.0M | 15.9M | 5.7M | 1.9M | 1.8M | |
Total Current Liabilities | 143.9M | 180.5M | 217.6M | 249.6M | 376.8M | 395.7M | |
Total Stockholder Equity | 326.8M | 340.6M | 497.7M | 568.5M | 581.3M | 610.4M | |
Property Plant And Equipment Net | 212.0M | 201.5M | 303.8M | 284.7M | 263.5M | 276.6M | |
Net Debt | 574.2M | 364.5M | 839.6M | 704.7M | 645.3M | 677.5M | |
Retained Earnings | (189.1M) | (170.4M) | (107.4M) | (76.3M) | (49.0M) | (51.4M) | |
Non Current Assets Total | 491.7M | 474.4M | 901.8M | 891.0M | 838.2M | 880.1M | |
Net Receivables | 107.4M | 132.5M | 215.2M | 164.3M | 171.5M | 99.7M | |
Common Stock Shares Outstanding | 77.7M | 77.9M | 83.6M | 86.9M | 87.0M | 46.7M | |
Liabilities And Stockholders Equity | 894.4M | 867.2M | 1.5B | 1.4B | 1.4B | 1.5B | |
Non Current Liabilities Total | 423.7M | 346.1M | 822.8M | 627.1M | 467.4M | 240.3M | |
Inventory | 284.7M | 246.8M | 405.7M | 374.2M | 360.6M | 188.3M | |
Other Current Assets | 134.8M | 11.5M | 13.2M | 14.3M | 15.0M | 17.0M | |
Total Liab | 567.6M | 526.6M | 1.0B | 876.7M | 844.2M | 886.4M | |
Total Current Assets | 402.8M | 392.8M | 636.3M | 554.2M | 587.4M | 302.3M | |
Short Term Debt | 48.9M | 43.0M | 38.0M | 99.5M | 240.9M | 252.9M | |
Common Stock | 498.9M | 499.6M | 583.1M | 585.0M | 672.7M | 413.8M | |
Non Currrent Assets Other | 51.7M | 49.9M | 49.8M | 49.8M | 48.8M | 51.3M | |
Good Will | 178.4M | 180.8M | 382.4M | 401.8M | 394.7M | 414.4M | |
Other Stockholder Equity | 11.1M | 11.2M | 11.3M | 11.0M | 11.1M | 10.5M | |
Intangible Assets | 46.7M | 39.3M | 162.5M | 151.9M | 127.7M | 134.1M | |
Accounts Payable | 82.6M | 114.0M | 156.7M | 137.8M | 123.7M | 81.3M | |
Accumulated Other Comprehensive Income | 5.9M | 266K | 10.7M | 48.8M | 34.3M | 36.0M | |
Cash | (124.0M) | 2.0M | 2.3M | 1.4M | 40.2M | 42.2M | |
Cash And Short Term Investments | (124.0M) | 2.0M | 2.3M | 1.4M | 40.2M | 42.2M | |
Current Deferred Revenue | (15.5M) | 4.5M | 7.0M | 6.5M | 10.3M | 10.8M | |
Other Assets | 5.8M | 5.1M | 5.4M | 4.8M | 4.3M | 4.6M | |
Long Term Debt | 296.1M | 209.6M | 665.3M | 473.6M | 320.8M | 362.5M | |
Long Term Debt Total | 401.4M | 323.5M | 803.9M | 606.6M | 697.6M | 442.0M | |
Capital Surpluse | 11.1M | 11.2M | 11.3M | 11.0M | 12.7M | 12.1M | |
Property Plant Equipment | 260.8M | 249.2M | 351.5M | 332.5M | 382.4M | 263.5M | |
Other Liab | 21.7M | 22.6M | 18.9M | 20.5M | 18.5M | 18.1M | |
Net Tangible Assets | 103.2M | 120.5M | (47.2M) | 14.8M | 13.3M | 12.6M | |
Capital Lease Obligations | 105.3M | 132.3M | 158.6M | 154.2M | 145.3M | 110.4M | |
Net Invested Capital | 643.6M | 574.8M | 1.2B | 1.1B | 1.1B | 927.2M | |
Short Long Term Debt | 20.8M | 24.6M | 17.9M | 78.4M | 219.4M | 230.4M | |
Net Working Capital | 258.8M | 212.3M | 418.7M | 304.6M | 210.5M | 296.8M |
Pair Trading with Doman Building
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 Doman Building 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 Doman Building will appreciate offsetting losses from the drop in the long position's value.Moving together with Doman Stock
The ability to find closely correlated positions to Doman Building could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Doman Building 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 Doman Building - 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 Doman Building Materials to buy it.
The correlation of Doman Building 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 Doman Building moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Doman Building Materials 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 Doman Building 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.Other Information on Investing in Doman Stock
Balance Sheet is a snapshot of the financial position of Doman Building Materials at a specified time, usually calculated after every quarter, six months, or one year. Doman Building Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Doman Building and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Doman currently owns. An asset can also be divided into two categories, current and non-current.