Corpay Pb Ratio from 2010 to 2024

CPAY Stock   343.83  4.74  1.40%   
Corpay PB Ratio yearly trend continues to be fairly stable with very little volatility. PB Ratio will likely drop to 4.61 in 2024. During the period from 2010 to 2024, Corpay PB Ratio regression line of annual values had r-squared of  0.23 and arithmetic mean of  6.12. View All Fundamentals
 
PB Ratio  
First Reported
2010-12-31
Previous Quarter
6.27521907
Current Value
4.61
Quarterly Volatility
1.39712425
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Corpay financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Corpay's main balance sheet or income statement drivers, such as Depreciation And Amortization of 251.7 M, Selling General Administrative of 415.6 M or Selling And Marketing Expenses of 203.6 M, as well as many indicators such as Price To Sales Ratio of 8.66, Dividend Yield of 0.0 or PTB Ratio of 4.61. Corpay financial statements analysis is a perfect complement when working with Corpay Valuation or Volatility modules.
  
Check out the analysis of Corpay Correlation against competitors.

Latest Corpay's Pb Ratio Growth Pattern

Below is the plot of the Pb Ratio of Corpay Inc over the last few years. It is Corpay's PB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Corpay'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  

Corpay Pb Ratio Regression Statistics

Arithmetic Mean6.12
Geometric Mean5.98
Coefficient Of Variation22.81
Mean Deviation1.22
Median6.28
Standard Deviation1.40
Sample Variance1.95
Range3.7268
R-Value(0.48)
Mean Square Error1.61
R-Squared0.23
Significance0.07
Slope(0.15)
Total Sum of Squares27.33

Corpay Pb Ratio History

2024 4.61
2023 6.28
2022 5.46
2021 6.41
2020 6.83
2019 6.7
2018 4.93

About Corpay Financial Statements

Corpay investors use historical fundamental indicators, such as Corpay'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 Corpay. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PB Ratio 6.28  4.61 

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 Corpay Stock Analysis

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