Nortech Price Earnings Ratio from 2010 to 2024

NSYS Stock  USD 11.60  1.21  11.65%   
Nortech Systems Price Earnings Ratio yearly trend continues to be comparatively stable with very little volatility. Price Earnings Ratio will likely drop to 3.54 in 2024. From the period from 2010 to 2024, Nortech Systems Price Earnings Ratio quarterly data regression had r-value of (0.09) and coefficient of variation of  273.17. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
3.73036248
Current Value
3.54
Quarterly Volatility
63.63805487
 
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Check Nortech Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nortech Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 579 K or Total Revenue of 92.6 M, as well as many indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0 or PTB Ratio of 1.12. Nortech financial statements analysis is a perfect complement when working with Nortech Systems Valuation or Volatility modules.
  
Check out the analysis of Nortech Systems Correlation against competitors.

Latest Nortech Systems' Price Earnings Ratio Growth Pattern

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

Nortech Price Earnings Ratio Regression Statistics

Arithmetic Mean23.30
Geometric Mean12.66
Coefficient Of Variation273.17
Mean Deviation34.02
Median7.24
Standard Deviation63.64
Sample Variance4,050
Range263
R-Value(0.09)
Mean Square Error4,325
R-Squared0.01
Significance0.75
Slope(1.30)
Total Sum of Squares56,697

Nortech Price Earnings Ratio History

2024 3.54
2023 3.73
2022 16.37
2021 3.85
2020 -12.33
2019 -10.57
2018 57.58

About Nortech Systems Financial Statements

Nortech Systems shareholders use historical fundamental indicators, such as Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Nortech Systems investors may analyze each financial statement separately, they are all interrelated. The changes in Nortech Systems' assets and liabilities, for example, are also reflected in the revenues and expenses on on Nortech Systems' 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 3.73  3.54 

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Additional Tools for Nortech Stock Analysis

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