Hess Price To Book Ratio from 2010 to 2024

HES Stock  USD 130.56  0.90  0.69%   
Hess Price To Book Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Book Ratio is likely to outpace its year average 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
4.90747207
Current Value
5.15
Quarterly Volatility
1.71339664
 
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Covid
Check Hess financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hess' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 501.9 M or Total Revenue of 14.8 B, as well as many indicators such as Price To Sales Ratio of 4.41, Dividend Yield of 0.0109 or PTB Ratio of 5.15. Hess financial statements analysis is a perfect complement when working with Hess Valuation or Volatility modules.
  
Check out the analysis of Hess Correlation against competitors.

Latest Hess' Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Hess Corporation 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. Hess' Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hess' 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  

Hess Price To Book Ratio Regression Statistics

Arithmetic Mean2.27
Geometric Mean1.78
Coefficient Of Variation75.34
Mean Deviation1.44
Median1.33
Standard Deviation1.71
Sample Variance2.94
Range4.7652
R-Value0.88
Mean Square Error0.72
R-Squared0.77
Significance0.000015
Slope0.34
Total Sum of Squares41.10

Hess Price To Book Ratio History

2024 5.15
2023 4.91
2022 5.47
2021 3.61
2020 3.0
2019 2.3
2018 1.25

About Hess Financial Statements

Hess shareholders use historical fundamental indicators, such as Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Hess investors may analyze each financial statement separately, they are all interrelated. The changes in Hess' assets and liabilities, for example, are also reflected in the revenues and expenses on on Hess' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Book Ratio 4.91  5.15 

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Additional Tools for Hess Stock Analysis

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