Knight Ptb Ratio from 2010 to 2024

KNX Stock  USD 59.36  0.27  0.46%   
Knight Transportation PTB Ratio yearly trend continues to be fairly stable with very little volatility. PTB Ratio will likely drop to 1.25 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 Knight Transportation's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
1.3111298
Current Value
1.25
Quarterly Volatility
5.5522394
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Knight Transportation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Knight Transportation's main balance sheet or income statement drivers, such as Depreciation And Amortization of 771.9 M, Interest Expense of 133.5 M or Selling General Administrative of 671.2 M, as well as many indicators such as Price To Sales Ratio of 1.24, Dividend Yield of 0.0172 or PTB Ratio of 1.25. Knight financial statements analysis is a perfect complement when working with Knight Transportation Valuation or Volatility modules.
  
Check out the analysis of Knight Transportation Correlation against competitors.
For more information on how to buy Knight Stock please use our How to Invest in Knight Transportation guide.

Latest Knight Transportation's Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Knight Transportation 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. Knight Transportation's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Knight Transportation'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  

Knight Ptb Ratio Regression Statistics

Arithmetic Mean3.12
Geometric Mean1.87
Coefficient Of Variation177.68
Mean Deviation2.69
Median1.55
Standard Deviation5.55
Sample Variance30.83
Range22.1978
R-Value(0.49)
Mean Square Error25.19
R-Squared0.24
Significance0.06
Slope(0.61)
Total Sum of Squares431.58

Knight Ptb Ratio History

2024 1.25
2023 1.31
2022 1.22
2021 1.55
2020 1.21
2019 1.09
2018 0.81

About Knight Transportation Financial Statements

Knight Transportation investors use historical fundamental indicators, such as Knight Transportation's 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 Knight Transportation. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 1.31  1.25 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Knight Stock Analysis

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