Tectonic Ptb Ratio from 2010 to 2024

TECX Stock   50.56  3.00  6.31%   
Tectonic Therapeutic, PTB Ratio yearly trend continues to be fairly stable with very little volatility. PTB Ratio will likely drop to 0.60 in 2024. PTB Ratio is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on Tectonic Therapeutic,'s equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
0.6363241
Current Value
0.6
Quarterly Volatility
90.93502887
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tectonic Therapeutic, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tectonic Therapeutic,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.3 M, Other Operating Expenses of 77.8 M or Research Development of 54.5 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.6. Tectonic financial statements analysis is a perfect complement when working with Tectonic Therapeutic, Valuation or Volatility modules.
  
Check out the analysis of Tectonic Therapeutic, Correlation against competitors.
For more information on how to buy Tectonic Stock please use our How to Invest in Tectonic Therapeutic, guide.

Latest Tectonic Therapeutic,'s Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Tectonic Therapeutic, over the last few years. It is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value. Tectonic Therapeutic,'s PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tectonic Therapeutic,'s overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Slightly volatile
   Ptb Ratio   
       Timeline  

Tectonic Ptb Ratio Regression Statistics

Arithmetic Mean94.26
Geometric Mean16.24
Coefficient Of Variation96.48
Mean Deviation86.72
Median168.93
Standard Deviation90.94
Sample Variance8,269
Range222
R-Value(0.83)
Mean Square Error2,831
R-Squared0.68
Significance0.0001
Slope(16.79)
Total Sum of Squares115,769

Tectonic Ptb Ratio History

2024 0.6
2023 0.64
2022 0.41
2021 0.97
2020 1.98
2019 2.97
2018 1.83

About Tectonic Therapeutic, Financial Statements

Tectonic Therapeutic, investors use historical fundamental indicators, such as Tectonic Therapeutic,'s Ptb Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Tectonic Therapeutic,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 0.64  0.60 

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Additional Tools for Tectonic Stock Analysis

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