Accelerate Price To Book Ratio from 2010 to 2024

AXDX Stock  USD 1.07  0.03  2.73%   
Accelerate Diagnostics Price To Book Ratio yearly trend continues to be fairly stable with very little volatility. Price To Book Ratio is likely to outpace its year average in 2024. Price To Book Ratio is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
(2.46)
Current Value
(2.34)
Quarterly Volatility
34.20296954
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Accelerate Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Accelerate Diagnostics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.4 M, Interest Expense of 8.1 M or Selling General Administrative of 35.9 M, as well as many indicators such as Price To Sales Ratio of 3.85, Dividend Yield of 2.0E-4 or Days Sales Outstanding of 75.39. Accelerate financial statements analysis is a perfect complement when working with Accelerate Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Accelerate Diagnostics Correlation against competitors.
For more information on how to buy Accelerate Stock please use our How to Invest in Accelerate Diagnostics guide.

Latest Accelerate Diagnostics' Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Accelerate Diagnostics over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. Accelerate Diagnostics' Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Accelerate Diagnostics' overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Pretty Stable
   Price To Book Ratio   
       Timeline  

Accelerate Price To Book Ratio Regression Statistics

Arithmetic Mean(4.27)
Geometric Mean7.66
Coefficient Of Variation(800.39)
Mean Deviation17.06
Median2.89
Standard Deviation34.20
Sample Variance1,170
Range139
R-Value(0.25)
Mean Square Error1,179
R-Squared0.06
Significance0.36
Slope(1.94)
Total Sum of Squares16,378

Accelerate Price To Book Ratio History

2024 -2.34
2023 -2.46
2022 -2.62
2021 -9.19
2020 -6.76
2019 -124.83
2018 10.92

About Accelerate Diagnostics Financial Statements

Accelerate Diagnostics investors use historical fundamental indicators, such as Accelerate Diagnostics' Price To Book 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 Accelerate Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio(2.46)(2.34)

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Additional Tools for Accelerate Stock Analysis

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