Lytus Price To Book Ratio from 2010 to 2024

LYT Stock  USD 1.08  0.03  2.70%   
Lytus Technologies 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
0.39479256
Current Value
0.41
Quarterly Volatility
33.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Lytus Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lytus Technologies' main balance sheet or income statement drivers, such as Tax Provision of 140.1 K, Depreciation And Amortization of 880.2 K or Interest Expense of 430.9 K, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0 or PTB Ratio of 0.41. Lytus financial statements analysis is a perfect complement when working with Lytus Technologies Valuation or Volatility modules.
  
Check out the analysis of Lytus Technologies Correlation against competitors.

Latest Lytus Technologies' Price To Book Ratio Growth Pattern

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

Lytus Price To Book Ratio Regression Statistics

Arithmetic Mean(39,425,351)
Coefficient Of Variation(84.52)
Mean Deviation31,542,535
Median(65,710,797)
Standard Deviation33,322,885
Sample Variance1110.4T
Range65.7M
R-Value0.85
Mean Square Error331T
R-Squared0.72
Significance0.000059
Slope6,336,520
Total Sum of Squares15545.8T

Lytus Price To Book Ratio History

2024 0.41
2023 0.39
2022 2.8
2021 47.59
2020 49.11
201916.8 K

About Lytus Technologies Financial Statements

Lytus Technologies 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 Lytus Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Lytus Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Lytus Technologies' 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 0.39  0.41 

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Additional Tools for Lytus Stock Analysis

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