Canoo Ptb Ratio from 2010 to 2024

GOEVW Stock  USD 0.02  0  8.68%   
Canoo Holdings PTB Ratio yearly trend continues to be fairly stable with very little volatility. PTB Ratio will likely drop to 0.56 in 2024. PTB Ratio is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on Canoo Holdings' equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
0.59424227
Current Value
0.56
Quarterly Volatility
8.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Canoo Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canoo Holdings' main balance sheet or income statement drivers, such as Interest Expense of 7 M, Selling General Administrative of 104 M or Tax Provision of 0.0, as well as many indicators such as Price To Sales Ratio of 183, Dividend Yield of 0.0 or PTB Ratio of 0.56. Canoo financial statements analysis is a perfect complement when working with Canoo Holdings Valuation or Volatility modules.
  
Check out the analysis of Canoo Holdings Correlation against competitors.
For more information on how to buy Canoo Stock please use our How to Invest in Canoo Holdings guide.

Latest Canoo Holdings' Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Canoo Holdings over the last few years. It is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value. Canoo Holdings' PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canoo Holdings' overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Slightly volatile
   Ptb Ratio   
       Timeline  

Canoo Ptb Ratio Regression Statistics

Arithmetic Mean10,460
Coefficient Of Variation84.51
Mean Deviation8,367
Median17,433
Standard Deviation8,840
Sample Variance78.1M
Range17.4K
R-Value(0.85)
Mean Square Error23.3M
R-Squared0.72
Significance0.000059
Slope(1,681)
Total Sum of Squares1.1B

Canoo Ptb Ratio History

2024 0.56
2023 0.59
2022 1.4
2021 5.11
2020 2.66
2019 -6.82

About Canoo Holdings Financial Statements

Canoo Holdings investors use historical fundamental indicators, such as Canoo Holdings' Ptb 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 Canoo Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 0.59  0.56 

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Additional Tools for Canoo Stock Analysis

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