Summit Price To Book Ratio from 2010 to 2025
| SMC Stock | 37.81 0.03 0.08% |
Price To Book Ratio | First Reported 2010-12-31 | Previous Quarter 0.48 | Current Value 0.45 | Quarterly Volatility 181.40477931 |
Check Summit Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit Midstream's main balance sheet or income statement drivers, such as Depreciation And Amortization of 130.8 M, Selling General Administrative of 42.5 M or Selling And Marketing Expenses of 3.2 M, as well as many indicators such as Price To Sales Ratio of 0.71, Dividend Yield of 0.0161 or PTB Ratio of 0.45. Summit financial statements analysis is a perfect complement when working with Summit Midstream Valuation or Volatility modules.
Summit | Price To Book Ratio |
Latest Summit Midstream's Price To Book Ratio Growth Pattern
Below is the plot of the Price To Book Ratio of Summit Midstream 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. Summit Midstream's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Summit Midstream's overall financial position and show how it may be relating to other accounts over time.
| Price To Book Ratio | 10 Years Trend |
|
Price To Book Ratio |
| Timeline |
Summit Price To Book Ratio Regression Statistics
| Arithmetic Mean | 92.52 | |
| Coefficient Of Variation | 196.08 | |
| Mean Deviation | 93.13 | |
| Median | 100.35 | |
| Standard Deviation | 181.40 | |
| Sample Variance | 32,908 | |
| Range | 915 | |
| R-Value | (0.03) | |
| Mean Square Error | 35,221 | |
| R-Squared | 0 | |
| Significance | 0.90 | |
| Slope | (1.24) | |
| Total Sum of Squares | 493,615 |
Summit Price To Book Ratio History
About Summit Midstream Financial Statements
Summit Midstream stakeholders use historical fundamental indicators, such as Summit Midstream's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Summit Midstream investors may analyze each financial statement separately, they are all interrelated. For example, changes in Summit Midstream's assets and liabilities are reflected in the revenues and expenses on Summit Midstream's 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 Summit Midstream. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Book Ratio | 0.48 | 0.45 |
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Check out the analysis of Summit Midstream Correlation against competitors. For information on how to trade Summit Stock refer to our How to Trade Summit Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Oil & Gas Storage & Transportation 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 Summit Midstream. If investors know Summit 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 Summit Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 6.19 | Revenue Per Share | Quarterly Revenue Growth 0.035 | Return On Assets | Return On Equity |
The market value of Summit Midstream is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Midstream's value that differs from its market value or its book value, called intrinsic value, which is Summit Midstream's 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 Summit Midstream's market value can be influenced by many factors that don't directly affect Summit Midstream's 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 Summit Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Midstream's 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.