Hut Price Earnings Ratio from 2010 to 2024

HUT Stock  USD 25.93  2.09  7.46%   
Hut 8 Price Earnings Ratio yearly trend continues to be comparatively stable with very little volatility. Price Earnings Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Hut 8 Price Earnings Ratio quarterly data regression had mean square error of  385,433 and mean deviation of  492.37. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
43.4512256
Current Value
45.62
Quarterly Volatility
670.20231631
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hut 8 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hut 8's main balance sheet or income statement drivers, such as Depreciation And Amortization of 24.2 M, Interest Expense of 31.1 M or Selling General Administrative of 97.8 M, as well as many indicators such as Price To Sales Ratio of 8.3, Dividend Yield of 0.0 or PTB Ratio of 1.06. Hut financial statements analysis is a perfect complement when working with Hut 8 Valuation or Volatility modules.
  
Check out the analysis of Hut 8 Correlation against competitors.

Latest Hut 8's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Hut 8 Corp over the last few years. It is Hut 8's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hut 8's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Slightly volatile
   Price Earnings Ratio   
       Timeline  

Hut Price Earnings Ratio Regression Statistics

Arithmetic Mean(263.71)
Coefficient Of Variation(254.14)
Mean Deviation492.37
Median(158.13)
Standard Deviation670.20
Sample Variance449,171
Range2.8K
R-Value0.45
Mean Square Error385,433
R-Squared0.20
Significance0.09
Slope67.55
Total Sum of Squares6.3M

Hut Price Earnings Ratio History

2024 45.62
2023 43.45
2022 -17.01
2021 -7.19
2020 -158.13
2019 267.51
2018 -4.27

About Hut 8 Financial Statements

Hut 8 shareholders use historical fundamental indicators, such as Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Hut 8 investors may analyze each financial statement separately, they are all interrelated. The changes in Hut 8's assets and liabilities, for example, are also reflected in the revenues and expenses on on Hut 8'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
Price Earnings Ratio 43.45  45.62 

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Additional Tools for Hut Stock Analysis

When running Hut 8's price analysis, check to measure Hut 8'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 Hut 8 is operating at the current time. Most of Hut 8's value examination focuses on studying past and present price action to predict the probability of Hut 8's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hut 8's price. Additionally, you may evaluate how the addition of Hut 8 to your portfolios can decrease your overall portfolio volatility.