AXT Ptb Ratio vs Pb Ratio Analysis

AXTI Stock  USD 2.27  0.08  3.65%   
AXT financial indicator trend analysis is way more than just evaluating AXT Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AXT Inc is a good investment. Please check the relationship between AXT Ptb Ratio and its Pb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Ptb Ratio vs Pb Ratio

JavaScript chart by amCharts 3.21.15201620182020202220240.50.60.70.80.911.11.21.31.41.51.61.71.81.9 0.50.60.70.80.911.11.21.31.41.51.61.71.81.9
JavaScript chart by amCharts 3.21.15Ptb Ratiototal: 12.131895425064208Pb Ratiototal: 12.131895425064208

Ptb Ratio vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AXT Inc Ptb Ratio account and Pb Ratio. At this time, the significance of the direction appears to have totally related.
Ptb RatioPb RatioPtb RatioPb RatioDiversified Away100%
The correlation between AXT's Ptb Ratio and Pb Ratio is 1.0. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of AXT Inc, assuming nothing else is changed. The correlation between historical values of AXT's Ptb Ratio and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of AXT Inc are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Ptb Ratio i.e., AXT's Ptb Ratio and Pb Ratio go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ptb Ratio

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.

Pb Ratio

Most indicators from AXT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AXT Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
The current Selling General Administrative is estimated to decrease to about 17.8 M. The AXT's current Tax Provision is estimated to increase to about (103.8 K)
 2022 2023 2024 2025 (projected)
Gross Profit52.1M13.3M15.3M26.2M
Total Revenue141.1M75.8M87.2M89.1M

AXT fundamental ratios Correlations

0.840.980.960.760.980.540.330.570.450.990.390.620.750.080.960.920.630.940.950.830.9-0.360.780.680.78
0.840.810.950.410.870.830.530.160.170.860.050.190.40.430.90.70.250.970.930.560.99-0.590.390.680.39
0.980.810.950.770.970.540.290.60.390.970.380.550.760.030.960.860.650.920.950.80.87-0.410.780.660.78
0.960.950.950.630.970.720.450.40.320.970.230.430.620.250.980.850.480.990.980.730.98-0.50.630.720.64
0.760.410.770.630.70.160.00.790.50.720.540.780.99-0.340.690.710.930.560.60.950.510.020.940.360.94
0.980.870.970.970.70.640.470.540.360.990.250.540.670.240.950.910.520.960.970.760.92-0.480.710.770.72
0.540.830.540.720.160.640.63-0.07-0.350.62-0.48-0.020.130.570.690.41-0.020.760.70.240.79-0.520.110.570.12
0.330.530.290.450.00.470.630.1-0.050.41-0.290.07-0.10.830.330.45-0.360.530.440.140.48-0.64-0.030.87-0.02
0.570.160.60.40.790.54-0.070.10.450.540.540.760.75-0.310.420.640.670.350.40.710.22-0.030.780.470.79
0.450.170.390.320.50.36-0.35-0.050.450.380.880.470.52-0.130.260.550.470.290.310.630.24-0.090.530.270.53
0.990.860.970.970.720.990.620.410.540.380.280.580.710.170.960.920.560.960.970.790.92-0.410.740.720.74
0.390.050.380.230.540.25-0.48-0.290.540.880.280.490.57-0.50.230.40.610.160.190.590.110.090.60.090.59
0.620.190.550.430.780.54-0.020.070.760.470.580.490.73-0.280.480.730.650.370.380.750.290.270.770.360.78
0.750.40.760.620.990.670.13-0.10.750.520.710.570.73-0.390.690.670.960.540.60.930.50.020.930.290.92
0.080.430.030.25-0.340.240.570.83-0.31-0.130.17-0.5-0.28-0.390.10.18-0.610.360.29-0.150.36-0.67-0.380.6-0.37
0.960.90.960.980.690.950.690.330.420.260.960.230.480.690.10.820.580.950.950.760.94-0.370.690.610.69
0.920.70.860.850.710.910.410.450.640.550.920.40.730.670.180.820.490.830.820.810.77-0.250.730.740.73
0.630.250.650.480.930.52-0.02-0.360.670.470.560.610.650.96-0.610.580.490.390.460.820.360.180.890.040.88
0.940.970.920.990.560.960.760.530.350.290.960.160.370.540.360.950.830.390.980.680.99-0.570.560.760.56
0.950.930.950.980.60.970.70.440.40.310.970.190.380.60.290.950.820.460.980.690.96-0.590.610.720.61
0.830.560.80.730.950.760.240.140.710.630.790.590.750.93-0.150.760.810.820.680.690.64-0.090.880.480.88
0.90.990.870.980.510.920.790.480.220.240.920.110.290.50.360.940.770.360.990.960.64-0.530.50.670.5
-0.36-0.59-0.41-0.50.02-0.48-0.52-0.64-0.03-0.09-0.410.090.270.02-0.67-0.37-0.250.18-0.57-0.59-0.09-0.530.01-0.710.01
0.780.390.780.630.940.710.11-0.030.780.530.740.60.770.93-0.380.690.730.890.560.610.880.50.010.371.0
0.680.680.660.720.360.770.570.870.470.270.720.090.360.290.60.610.740.040.760.720.480.67-0.710.370.38
0.780.390.780.640.940.720.12-0.020.790.530.740.590.780.92-0.370.690.730.880.560.610.880.50.011.00.38
Click cells to compare fundamentals

AXT Account Relationship Matchups

AXT fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets298.9M332.4M370.1M358.7M412.5M433.1M
Short Long Term Debt Total12.8M16.1M48.4M55.7M64.1M67.3M
Other Current Liab14.1M14.7M15.7M17.8M20.4M21.4M
Total Current Liabilities39.1M47.8M75.3M81.6M93.8M98.5M
Total Stockholder Equity192.6M211.5M221.6M204.0M234.6M147.9M
Property Plant And Equipment Net118.5M144.7M162.8M169.1M194.5M204.2M
Net Debt(59.8M)(20.7M)13.5M18.0M16.2M17.0M
Retained Earnings(44.5M)(30.0M)(14.2M)(32.0M)(28.8M)(30.3M)
Accounts Payable12.7M16.6M10.1M9.6M11.1M8.0M
Cash72.6M36.8M34.9M37.8M43.4M30.7M
Non Current Assets Total134.3M172.3M186.5M188.0M216.3M227.1M
Cash And Short Term Investments72.8M42.2M44.3M39.9M45.9M44.4M
Net Receivables24.6M34.8M29.3M19.3M22.1M18.9M
Common Stock Shares Outstanding41.0M42.7M42.7M42.6M49.0M34.0M
Liabilities And Stockholders Equity298.9M332.4M370.1M358.7M412.5M433.1M
Non Current Liabilities Total4.3M4.4M5M8.0M7.2M6.3M
Inventory51.5M65.9M89.6M86.5M99.5M104.5M
Other Current Assets31.2M34.5M34.4M25.0M28.8M30.2M
Other Stockholder Equity230.4M231.6M235.3M238.5M274.2M192.7M
Total Liab43.3M52.2M80.3M89.6M103.0M108.1M
Property Plant And Equipment Gross118.5M144.7M162.8M240.6M276.7M290.5M
Total Current Assets164.5M160.2M183.5M170.7M196.3M118.2M
Accumulated Other Comprehensive Income3.2M6.3M(3.1M)(6.0M)(6.9M)(6.6M)
Short Term Debt10.9M14.6M47.6M53.4M61.4M64.5M
Non Currrent Assets Other10.1M13.5M17.5M2.9M3.4M3.2M
Common Stock Total Equity41K42K43K44K39.6K37.6K
Intangible Assets1.7M2.1M1.9M1.8M2.1M2.2M
Common Stock41K42K43K44K39.6K37.6K
Other Liab366K1.9M2.5M3.7M4.2M2.3M
Other Assets2.7M18.5M17.9M5.1M4.6M5.4M
Short Term Investments240K5.4M9.3M2.1M1.9M1.8M
Property Plant Equipment97.4M118.5M144.7M161.0M185.2M194.4M
Current Deferred Revenue374K946K338K305K274.5K260.8K
Net Tangible Assets184.4M187.4M208.0M262.9M302.4M184.6M
Noncontrolling Interest In Consolidated Entity4.9M15.4M18.3M23.3M26.8M28.1M
Retained Earnings Total Equity(47.8M)(44.5M)(30.0M)(14.2M)(16.3M)(17.1M)
Capital Surpluse237.0M230.4M231.6M235.3M270.6M235.2M
Long Term Investments5.7M9.6M2.1M12.5M11.2M6.6M
Non Current Liabilities Other672K2.5M3.7M5.6M6.5M6.8M

Currently Active Assets on Macroaxis

When determining whether AXT Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AXT's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Axt Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axt Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AXT. If investors know AXT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AXT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.57)
Earnings Share
(0.23)
Revenue Per Share
2.201
Quarterly Revenue Growth
0.362
Return On Assets
(0.02)
The market value of AXT Inc is measured differently than its book value, which is the value of AXT that is recorded on the company's balance sheet. Investors also form their own opinion of AXT's value that differs from its market value or its book value, called intrinsic value, which is AXT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AXT's market value can be influenced by many factors that don't directly affect AXT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AXT's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.