CNEY Pb Ratio from 2010 to 2024

CNEY Stock  USD 0.32  0.02  5.88%   
CN Energy PB Ratio yearly trend continues to be fairly stable with very little volatility. PB Ratio will likely drop to 0.07 in 2024. During the period from 2010 to 2024, CN Energy PB Ratio regression line of annual values had r-squared of  0.01 and arithmetic mean of  15.38. View All Fundamentals
 
PB Ratio  
First Reported
2010-12-31
Previous Quarter
0.0718
Current Value
0.0682
Quarterly Volatility
39.24046419
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CN Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CN Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 M, Interest Expense of 860.3 K or Selling General Administrative of 6.9 M, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0 or PTB Ratio of 0.0682. CNEY financial statements analysis is a perfect complement when working with CN Energy Valuation or Volatility modules.
  
Check out the analysis of CN Energy Correlation against competitors.

Latest CN Energy's Pb Ratio Growth Pattern

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

CNEY Pb Ratio Regression Statistics

Arithmetic Mean15.38
Geometric Mean2.90
Coefficient Of Variation255.20
Mean Deviation18.83
Median8.25
Standard Deviation39.24
Sample Variance1,540
Range157
R-Value(0.08)
Mean Square Error1,647
R-Squared0.01
Significance0.77
Slope(0.72)
Total Sum of Squares21,557

CNEY Pb Ratio History

2024 0.0682
2023 0.0718
2022 0.0624
2021 0.72
2020 2.23
2019 5.73
2018 7.36

About CN Energy Financial Statements

CN Energy investors use historical fundamental indicators, such as CN Energy'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 CN Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PB Ratio 0.07  0.07 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for CNEY Stock Analysis

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