Prosperity Debt Equity Ratio from 2010 to 2024
PB Stock | USD 84.17 0.56 0.66% |
Debt Equity Ratio | First Reported 2010-12-31 | Previous Quarter 0.61 | Current Value 0.64 | Quarterly Volatility 0.21741823 |
Check Prosperity Bancshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prosperity Bancshares' main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.8 M, Interest Expense of 512.5 M or Selling General Administrative of 391 M, as well as many indicators such as Price To Sales Ratio of 4.23, Dividend Yield of 0.0343 or PTB Ratio of 1.56. Prosperity financial statements analysis is a perfect complement when working with Prosperity Bancshares Valuation or Volatility modules.
Prosperity | Debt Equity Ratio |
Latest Prosperity Bancshares' Debt Equity Ratio Growth Pattern
Below is the plot of the Debt Equity Ratio of Prosperity Bancshares over the last few years. It is Prosperity Bancshares' Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Prosperity Bancshares' overall financial position and show how it may be relating to other accounts over time.
Debt Equity Ratio | 10 Years Trend |
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Debt Equity Ratio |
Timeline |
Prosperity Debt Equity Ratio Regression Statistics
Arithmetic Mean | 0.19 | |
Geometric Mean | 0.07 | |
Coefficient Of Variation | 113.53 | |
Mean Deviation | 0.17 | |
Median | 0.11 | |
Standard Deviation | 0.22 | |
Sample Variance | 0.05 | |
Range | 0.6397 | |
R-Value | 0.67 | |
Mean Square Error | 0.03 | |
R-Squared | 0.45 | |
Significance | 0.01 | |
Slope | 0.03 | |
Total Sum of Squares | 0.66 |
Prosperity Debt Equity Ratio History
About Prosperity Bancshares Financial Statements
Prosperity Bancshares stakeholders use historical fundamental indicators, such as Prosperity Bancshares' Debt Equity Ratio, to determine how well the company is positioned to perform in the future. Although Prosperity Bancshares investors may analyze each financial statement separately, they are all interrelated. For example, changes in Prosperity Bancshares' assets and liabilities are reflected in the revenues and expenses on Prosperity Bancshares' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Prosperity Bancshares. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Debt Equity Ratio | 0.61 | 0.64 |
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.Check out the analysis of Prosperity Bancshares Correlation against competitors. For information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prosperity Bancshares. If investors know Prosperity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prosperity Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.116 | Dividend Share 2.24 | Earnings Share 4.69 | Revenue Per Share 12.146 | Quarterly Revenue Growth 0.088 |
The market value of Prosperity Bancshares is measured differently than its book value, which is the value of Prosperity that is recorded on the company's balance sheet. Investors also form their own opinion of Prosperity Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Prosperity Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prosperity Bancshares' market value can be influenced by many factors that don't directly affect Prosperity Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prosperity Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Prosperity Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prosperity Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.