Freeport Price To Book Ratio from 2010 to 2024

FCX Stock  USD 38.24  0.47  1.21%   
Freeport McMoran Price To Book Ratio yearly trend continues to be fairly stable with very little volatility. Price To Book Ratio will likely drop to 3.47 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
3.65694483
Current Value
3.47
Quarterly Volatility
12.81975854
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Freeport McMoran financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Freeport McMoran's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 313.8 M or Total Revenue of 24 B, as well as many indicators such as Price To Sales Ratio of 4.21, Dividend Yield of 0.0134 or PTB Ratio of 3.47. Freeport financial statements analysis is a perfect complement when working with Freeport McMoran Valuation or Volatility modules.
  
Check out the analysis of Freeport McMoran Correlation against competitors.

Latest Freeport McMoran's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Freeport McMoran Copper Gold 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. Freeport McMoran's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Freeport McMoran'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  

Freeport Price To Book Ratio Regression Statistics

Arithmetic Mean5.93
Geometric Mean2.95
Coefficient Of Variation216.26
Mean Deviation6.16
Median2.87
Standard Deviation12.82
Sample Variance164.35
Range51.1814
R-Value(0.38)
Mean Square Error151.39
R-Squared0.14
Significance0.16
Slope(1.09)
Total Sum of Squares2,301

Freeport Price To Book Ratio History

2024 3.47
2023 3.66
2022 3.52
2021 4.38
2020 3.72
2019 2.05
2018 1.56

About Freeport McMoran Financial Statements

Freeport McMoran investors use historical fundamental indicators, such as Freeport McMoran's 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 Freeport McMoran. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 3.66  3.47 

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Additional Tools for Freeport Stock Analysis

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