Otis Price Book Value Ratio from 2010 to 2025

OTIS Stock  USD 101.36  0.63  0.63%   
Otis Worldwide Price Book Value Ratio yearly trend continues to be comparatively stable with very little volatility. Price Book Value Ratio is likely to outpace its year average in 2025. From the period from 2010 to 2025, Otis Worldwide Price Book Value Ratio quarterly data regression had r-value of (0.80) and coefficient of variation of  258.72. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
(7.67)
Current Value
(7.29)
Quarterly Volatility
9.16907325
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Otis Worldwide financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Otis Worldwide's main balance sheet or income statement drivers, such as Tax Provision of 478.2 M, Net Interest Income of 32.5 M or Interest Income of 78.9 M, as well as many indicators such as Price To Sales Ratio of 1.71, Dividend Yield of 0.0103 or Days Sales Outstanding of 78.71. Otis financial statements analysis is a perfect complement when working with Otis Worldwide Valuation or Volatility modules.
  
Check out the analysis of Otis Worldwide Correlation against competitors.

Latest Otis Worldwide's Price Book Value Ratio Growth Pattern

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

Otis Price Book Value Ratio Regression Statistics

Arithmetic Mean3.54
Geometric Mean9.30
Coefficient Of Variation258.72
Mean Deviation8.55
Median9.97
Standard Deviation9.17
Sample Variance84.07
Range22.7637
R-Value(0.80)
Mean Square Error31.79
R-Squared0.65
Significance0.0002
Slope(1.55)
Total Sum of Squares1,261

Otis Price Book Value Ratio History

2025 -7.29
2024 -7.67
2023 -7.48
2022 -6.75
2021 -10.27
2020 -7.64
2019 11.53

About Otis Worldwide Financial Statements

Otis Worldwide shareholders use historical fundamental indicators, such as Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Otis Worldwide investors may analyze each financial statement separately, they are all interrelated. The changes in Otis Worldwide's assets and liabilities, for example, are also reflected in the revenues and expenses on on Otis Worldwide'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 Book Value Ratio(7.67)(7.29)

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Additional Tools for Otis Stock Analysis

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