Worthington Price To Book Ratio from 2010 to 2024

WS Stock   43.49  0.64  1.45%   
Worthington Steel Price To Book Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Book Ratio will likely drop to 1.62 in 2024. Price To Book Ratio 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. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
1.65067188
Current Value
1.62
Quarterly Volatility
0.26020181
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Worthington Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Worthington Steel's main balance sheet or income statement drivers, such as Tax Provision of 35.3 M, Depreciation And Amortization of 65.8 M or Selling General Administrative of 206.1 M, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 0.0039 or PTB Ratio of 1.62. Worthington financial statements analysis is a perfect complement when working with Worthington Steel Valuation or Volatility modules.
  
Check out the analysis of Worthington Steel Correlation against competitors.
For more information on how to buy Worthington Stock please use our How to Invest in Worthington Steel guide.

Latest Worthington Steel's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Worthington Steel 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. Worthington Steel's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Worthington Steel's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Slightly volatile
   Price To Book Ratio   
       Timeline  

Worthington Price To Book Ratio Regression Statistics

Arithmetic Mean1.76
Geometric Mean1.74
Coefficient Of Variation14.79
Mean Deviation0.19
Median1.89
Standard Deviation0.26
Sample Variance0.07
Range0.7874
R-Value(0.61)
Mean Square Error0.05
R-Squared0.37
Significance0.02
Slope(0.04)
Total Sum of Squares0.95

Worthington Price To Book Ratio History

2024 1.62
2023 1.65
2022 1.22
2021 1.1

About Worthington Steel Financial Statements

Worthington Steel shareholders use historical fundamental indicators, such as Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Worthington Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Worthington Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Worthington Steel'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
Price To Book Ratio 1.65  1.62 

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Additional Tools for Worthington Stock Analysis

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