Pet Pb Ratio vs Dividend Yield Analysis
PET Stock | 27.38 0.54 2.01% |
Pet Valu financial indicator trend analysis is much more than just breaking down Pet Valu Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pet Valu Holdings is a good investment. Please check the relationship between Pet Valu Pb Ratio and its Dividend Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pet Valu Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Pb Ratio vs Dividend Yield
Pb Ratio vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pet Valu Holdings Pb Ratio account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Pet Valu's Pb Ratio and Dividend Yield is -0.25. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Pet Valu Holdings, assuming nothing else is changed. The correlation between historical values of Pet Valu's Pb Ratio and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Pet Valu Holdings are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Pb Ratio i.e., Pet Valu's Pb Ratio and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.25 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Pb Ratio
Dividend Yield
Dividend Yield is Pet Valu Holdings dividend as a percentage of Pet Valu stock price. Pet Valu Holdings dividend yield is a measure of Pet Valu stock productivity, which can be interpreted as interest rate earned on an Pet Valu investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Most indicators from Pet Valu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pet Valu Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pet Valu Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of the 2nd of December 2024, Tax Provision is likely to drop to about 23.1 M. In addition to that, Selling General Administrative is likely to drop to about 110.3 M
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 33.7M | 38.1M | 50.7M | 40.9M | Interest Income | 1.4M | 21.6M | 10.9M | 9.5M |
Pet Valu fundamental ratios Correlations
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Pet Valu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Other Information on Investing in Pet Stock
Balance Sheet is a snapshot of the financial position of Pet Valu Holdings at a specified time, usually calculated after every quarter, six months, or one year. Pet Valu Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pet Valu and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Pet currently owns. An asset can also be divided into two categories, current and non-current.