Wang Ptb Ratio from 2010 to 2024

WLGS Stock   4.67  0.68  12.71%   
Wang Lee PTB Ratio yearly trend continues to be comparatively stable with very little volatility. PTB Ratio is likely to outpace its year average 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 Wang Lee's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
1.79601187
Current Value
1.89
Quarterly Volatility
16.32225529
 
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Yuan Drop
 
Covid
Check Wang Lee financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wang Lee's main balance sheet or income statement drivers, such as Income Tax Expense of 257.6 K, Tax Provision of 0.0 or Depreciation And Amortization of 34 K, as well as many indicators such as Price To Sales Ratio of 1.5, Dividend Yield of 0.0 or PTB Ratio of 1.89. Wang financial statements analysis is a perfect complement when working with Wang Lee Valuation or Volatility modules.
  
Check out the analysis of Wang Lee Correlation against competitors.

Latest Wang Lee's Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Wang Lee Group, 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. Wang Lee's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wang Lee'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  

Wang Ptb Ratio Regression Statistics

Arithmetic Mean(35.04)
Coefficient Of Variation(46.59)
Mean Deviation10.89
Median(39.97)
Standard Deviation16.32
Sample Variance266.42
Range62.6153
R-Value0.53
Mean Square Error207.14
R-Squared0.28
Significance0.04
Slope1.92
Total Sum of Squares3,730

Wang Ptb Ratio History

2024 1.89
2023 1.8
2022 -27.14
2021 -41.65
2020 -60.73

About Wang Lee Financial Statements

Wang Lee shareholders use historical fundamental indicators, such as Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Wang Lee investors may analyze each financial statement separately, they are all interrelated. The changes in Wang Lee's assets and liabilities, for example, are also reflected in the revenues and expenses on on Wang Lee'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
PTB Ratio 1.80  1.89 

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Additional Tools for Wang Stock Analysis

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