ModivCare Ptb Ratio from 2010 to 2024

MODV Stock  USD 18.79  0.85  4.74%   
ModivCare PTB Ratio yearly trend continues to be fairly stable with very little volatility. PTB Ratio will likely drop to 3.79 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 ModivCare's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
3.9918843
Current Value
3.79
Quarterly Volatility
140.59160391
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ModivCare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ModivCare's main balance sheet or income statement drivers, such as Interest Expense of 72.6 M, Selling General Administrative of 289.3 M or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0527 or PTB Ratio of 3.79. ModivCare financial statements analysis is a perfect complement when working with ModivCare Valuation or Volatility modules.
  
Check out the analysis of ModivCare Correlation against competitors.
For more information on how to buy ModivCare Stock please use our How to Invest in ModivCare guide.

Latest ModivCare's Ptb Ratio Growth Pattern

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

ModivCare Ptb Ratio Regression Statistics

Arithmetic Mean39.12
Geometric Mean3.72
Coefficient Of Variation359.35
Mean Deviation67.76
Median2.42
Standard Deviation140.59
Sample Variance19,766
Range546
R-Value(0.43)
Mean Square Error17,394
R-Squared0.18
Significance0.11
Slope(13.44)
Total Sum of Squares276,724

ModivCare Ptb Ratio History

2024 3.79
2023 3.99
2022 3.56
2021 5.58
2020 4.57
2018 2.0
2017 1.94

About ModivCare Financial Statements

ModivCare investors use historical fundamental indicators, such as ModivCare'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 ModivCare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 3.99  3.79 

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Additional Tools for ModivCare Stock Analysis

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