XORTX Ptb Ratio from 2010 to 2024

XRTX Stock  USD 1.19  0.03  2.59%   
XORTX Therapeutics PTB Ratio yearly trend continues to be fairly stable with very little volatility. PTB Ratio will likely drop to 0.89 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 XORTX Therapeutics' equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
0.93337313
Current Value
0.89
Quarterly Volatility
16.4186087
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check XORTX Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among XORTX Therapeutics' main balance sheet or income statement drivers, such as Selling General Administrative of 996.5 K, Other Operating Expenses of 2.6 M or Total Operating Expenses of 2.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.89. XORTX financial statements analysis is a perfect complement when working with XORTX Therapeutics Valuation or Volatility modules.
  
Check out the analysis of XORTX Therapeutics Correlation against competitors.
For more information on how to buy XORTX Stock please use our How to Invest in XORTX Therapeutics guide.

Latest XORTX Therapeutics' Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of XORTX Therapeutics 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. XORTX Therapeutics' PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in XORTX Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Very volatile
   Ptb Ratio   
       Timeline  

XORTX Ptb Ratio Regression Statistics

Arithmetic Mean2.99
Geometric Mean6.66
Coefficient Of Variation549.74
Mean Deviation10.20
Median6.66
Standard Deviation16.42
Sample Variance269.57
Range72.5593
R-Value(0.02)
Mean Square Error290.22
R-Squared0.0003
Significance0.95
Slope(0.06)
Total Sum of Squares3,774

XORTX Ptb Ratio History

2024 0.89
2023 0.93
2022 19.25
2021 16.81
2020 9.03
2019 -47.56
2018 25.0

About XORTX Therapeutics Financial Statements

XORTX Therapeutics investors use historical fundamental indicators, such as XORTX Therapeutics' 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 XORTX Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 0.93  0.89 

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Additional Tools for XORTX Stock Analysis

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