XAI Price To Book Ratio from 2010 to 2024

XFLT Stock  USD 6.80  0.01  0.15%   
XAI Octagon Price To Book Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Book Ratio is likely to outpace its year average 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
1.02
Current Value
1.05
Quarterly Volatility
0.16629746
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check XAI Octagon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among XAI Octagon's main balance sheet or income statement drivers, such as Net Interest Income of 59.2 M, Interest Income of 68.5 M or Interest Expense of 12.8 M, as well as many indicators such as Price To Sales Ratio of 6.05, Ptb Ratio of 1.05 or Days Sales Outstanding of 140. XAI financial statements analysis is a perfect complement when working with XAI Octagon Valuation or Volatility modules.
  
Check out the analysis of XAI Octagon Correlation against competitors.

Latest XAI Octagon's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of XAI Octagon Floating 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. XAI Octagon's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in XAI Octagon'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  

XAI Price To Book Ratio Regression Statistics

Arithmetic Mean1.06
Geometric Mean1.04
Coefficient Of Variation15.70
Mean Deviation0.13
Median1.09
Standard Deviation0.17
Sample Variance0.03
Range0.5528
R-Value(0.69)
Mean Square Error0.02
R-Squared0.47
Significance0
Slope(0.03)
Total Sum of Squares0.39

XAI Price To Book Ratio History

2024 1.05
2023 1.02
2022 0.89
2021 0.88
2020 0.64
2019 0.91
2018 1.09

About XAI Octagon Financial Statements

XAI Octagon 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 XAI Octagon investors may analyze each financial statement separately, they are all interrelated. The changes in XAI Octagon's assets and liabilities, for example, are also reflected in the revenues and expenses on on XAI Octagon'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 1.02  1.05 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for XAI Stock Analysis

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