Dole Price To Book Ratio from 2010 to 2024

DOLE Stock  USD 14.90  0.21  1.43%   
Dole PLC's Price To Book Ratio is decreasing over the years with slightly volatile fluctuation. Price To Book Ratio is expected to dwindle to 0.89. 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
0.93358244
Current Value
0.89
Quarterly Volatility
8.36621488
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dole PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dole PLC's main balance sheet or income statement drivers, such as Interest Expense of 85.2 M, Ebit of 301.4 M or Net Income Applicable To Common Shares of 104.4 M, as well as many indicators such as Price To Sales Ratio of 0.13, Dividend Yield of 0.0273 or PTB Ratio of 0.89. Dole financial statements analysis is a perfect complement when working with Dole PLC Valuation or Volatility modules.
  
Check out the analysis of Dole PLC Correlation against competitors.
For information on how to trade Dole Stock refer to our How to Trade Dole Stock guide.

Latest Dole PLC's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Dole PLC 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. Dole PLC's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dole PLC's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Slightly volatile
   Price To Book Ratio   
       Timeline  

Dole Price To Book Ratio Regression Statistics

Arithmetic Mean11.10
Geometric Mean6.21
Coefficient Of Variation75.40
Mean Deviation7.63
Median15.16
Standard Deviation8.37
Sample Variance69.99
Range18.9502
R-Value(0.88)
Mean Square Error16.75
R-Squared0.78
Significance0.000014
Slope(1.65)
Total Sum of Squares979.91

Dole Price To Book Ratio History

2024 0.89
2023 0.93
2022 0.79
2021 1.17
2020 11.13
2019 2.84
2018 2.72

About Dole PLC Financial Statements

Dole PLC stakeholders use historical fundamental indicators, such as Dole PLC's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Dole PLC investors may analyze each financial statement separately, they are all interrelated. For example, changes in Dole PLC's assets and liabilities are reflected in the revenues and expenses on Dole PLC's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Dole PLC. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 0.93  0.89 

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.
When determining whether Dole PLC is a strong investment it is important to analyze Dole PLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dole PLC's future performance. For an informed investment choice regarding Dole Stock, refer to the following important reports:
Check out the analysis of Dole PLC Correlation against competitors.
For information on how to trade Dole Stock refer to our How to Trade Dole Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dole PLC. If investors know Dole will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dole PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.69)
Dividend Share
0.08
Earnings Share
1.98
Revenue Per Share
88.263
Quarterly Revenue Growth
0.01
The market value of Dole PLC is measured differently than its book value, which is the value of Dole that is recorded on the company's balance sheet. Investors also form their own opinion of Dole PLC's value that differs from its market value or its book value, called intrinsic value, which is Dole PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dole PLC's market value can be influenced by many factors that don't directly affect Dole PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dole PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dole PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dole PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.