Thornburg Price To Book Ratio from 2010 to 2025
| TBLD Stock | USD 16.38 0.12 0.74% |
Price To Book Ratio | First Reported 2010-12-31 | Previous Quarter 1.06 | Current Value 1 | Quarterly Volatility 0.06023329 |
Check Thornburg Income financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thornburg Income's main balance sheet or income statement drivers, such as Net Interest Income of 6.8 M, Interest Income of 6.8 M or Depreciation And Amortization of 168.8 K, as well as many indicators such as Price To Sales Ratio of 4.43, Ptb Ratio of 1.0 or Days Sales Outstanding of 8.87. Thornburg financial statements analysis is a perfect complement when working with Thornburg Income Valuation or Volatility modules.
Thornburg | Price To Book Ratio |
Latest Thornburg Income's Price To Book Ratio Growth Pattern
Below is the plot of the Price To Book Ratio of Thornburg Income Builder 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. Thornburg Income's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Thornburg Income'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 |
Thornburg Price To Book Ratio Regression Statistics
| Arithmetic Mean | 0.99 | |
| Geometric Mean | 0.99 | |
| Coefficient Of Variation | 6.08 | |
| Mean Deviation | 0.04 | |
| Median | 1.02 | |
| Standard Deviation | 0.06 | |
| Sample Variance | 0 | |
| Range | 0.2111 | |
| R-Value | (0.39) | |
| Mean Square Error | 0 | |
| R-Squared | 0.15 | |
| Significance | 0.14 | |
| Slope | (0) | |
| Total Sum of Squares | 0.05 |
Thornburg Price To Book Ratio History
About Thornburg Income Financial Statements
Thornburg Income stakeholders use historical fundamental indicators, such as Thornburg Income's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Thornburg Income investors may analyze each financial statement separately, they are all interrelated. For example, changes in Thornburg Income's assets and liabilities are reflected in the revenues and expenses on Thornburg Income'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 Thornburg Income Builder. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Book Ratio | 1.06 | 1.00 |
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Check out the analysis of Thornburg Income Correlation against competitors. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Asset Management & Custody 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 Thornburg Income. If investors know Thornburg 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 Thornburg Income listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 3.69 |
The market value of Thornburg Income Builder is measured differently than its book value, which is the value of Thornburg that is recorded on the company's balance sheet. Investors also form their own opinion of Thornburg Income's value that differs from its market value or its book value, called intrinsic value, which is Thornburg Income'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 Thornburg Income's market value can be influenced by many factors that don't directly affect Thornburg Income'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 Thornburg Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thornburg Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thornburg Income'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.