Hanover Ptb Ratio from 2010 to 2025

HNVR Stock  USD 22.64  0.18  0.79%   
Hanover Bancorp PTB Ratio yearly trend continues to be relatively stable with very little volatility. PTB Ratio is likely to grow to 1.23 this year. 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 Hanover Bancorp's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
0.79
Current Value
1.23
Quarterly Volatility
0.42948364
 
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Yuan Drop
 
Covid
Check Hanover Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hanover Bancorp's main balance sheet or income statement drivers, such as Interest Expense of 96.5 M, Other Operating Expenses of 4.7 M or Net Income Applicable To Common Shares of 28.4 M, as well as many indicators such as Price To Sales Ratio of 1.82, Ptb Ratio of 1.23 or Days Sales Outstanding of 55.41. Hanover financial statements analysis is a perfect complement when working with Hanover Bancorp Valuation or Volatility modules.
  
Check out the analysis of Hanover Bancorp Correlation against competitors.
To learn how to invest in Hanover Stock, please use our How to Invest in Hanover Bancorp guide.

Latest Hanover Bancorp's Ptb Ratio Growth Pattern

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

Hanover Ptb Ratio Regression Statistics

Arithmetic Mean1.27
Geometric Mean1.19
Coefficient Of Variation33.88
Mean Deviation0.36
Median1.32
Standard Deviation0.43
Sample Variance0.18
Range1.0522
R-Value(0.87)
Mean Square Error0.05
R-Squared0.75
Significance0.000014
Slope(0.08)
Total Sum of Squares2.77

Hanover Ptb Ratio History

2024 0.79
2022 0.69
2021 0.67
2020 0.8
2019 1.13
2018 1.23
2017 1.32

About Hanover Bancorp Financial Statements

Hanover Bancorp shareholders use historical fundamental indicators, such as Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Hanover Bancorp investors may analyze each financial statement separately, they are all interrelated. The changes in Hanover Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Hanover Bancorp's 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
PTB Ratio 0.79  1.23 

Additional Tools for Hanover Stock Analysis

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