Provident Income Quality vs Pe Ratio Analysis

PVBC Stock  USD 11.89  0.14  1.19%   
Provident Bancorp financial indicator trend analysis is much more than just breaking down Provident Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Provident Bancorp is a good investment. Please check the relationship between Provident Bancorp Income Quality and its Pe Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Provident Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.

Income Quality vs Pe Ratio

Income Quality vs Pe Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Provident Bancorp Income Quality account and Pe Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Provident Bancorp's Income Quality and Pe Ratio is 0.79. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Pe Ratio in the same time period over historical financial statements of Provident Bancorp, assuming nothing else is changed. The correlation between historical values of Provident Bancorp's Income Quality and Pe 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 Income Quality of Provident Bancorp are associated (or correlated) with its Pe Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pe Ratio has no effect on the direction of Income Quality i.e., Provident Bancorp's Income Quality and Pe Ratio go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Pe Ratio

Most indicators from Provident Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Provident Bancorp 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 Provident Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.The current year's Enterprise Value is expected to grow to about 106.1 M, whereas Selling General Administrative is forecasted to decline to about 23.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense3.4M4.3M32.1M33.7M
Depreciation And Amortization870K940K1.1M953.9K

Provident Bancorp fundamental ratios Correlations

0.330.940.970.89-0.70.960.990.77-0.890.680.67-0.20.680.960.82-0.870.570.920.180.850.490.920.380.380.94
0.330.160.470.240.180.20.310.26-0.380.29-0.190.220.140.360.33-0.320.710.170.80.440.650.33-0.35-0.060.2
0.940.160.90.96-0.70.970.910.7-0.880.670.72-0.170.570.870.87-0.860.440.99-0.010.840.350.960.460.221.0
0.970.470.90.86-0.640.940.970.76-0.910.720.65-0.080.690.910.82-0.860.610.890.290.90.480.920.360.370.92
0.890.240.960.86-0.610.940.860.64-0.870.580.67-0.030.430.830.97-0.870.410.94-0.020.810.350.970.450.210.95
-0.70.18-0.7-0.64-0.61-0.76-0.73-0.870.67-0.5-0.870.41-0.79-0.61-0.540.63-0.36-0.660.01-0.70.14-0.66-0.78-0.64-0.71
0.960.20.970.940.94-0.760.950.76-0.920.720.79-0.070.640.870.88-0.870.440.940.040.840.30.950.530.390.97
0.990.310.910.970.86-0.730.950.78-0.860.660.7-0.220.740.960.78-0.860.550.890.170.870.430.90.430.460.92
0.770.260.70.760.64-0.870.760.78-0.790.610.66-0.380.780.710.58-0.690.760.670.450.80.190.720.50.510.72
-0.89-0.38-0.88-0.91-0.870.67-0.92-0.86-0.79-0.8-0.620.04-0.49-0.81-0.850.91-0.64-0.87-0.33-0.81-0.42-0.88-0.33-0.23-0.89
0.680.290.670.720.58-0.50.720.660.61-0.80.480.220.480.580.51-0.510.510.680.370.590.310.610.150.120.7
0.67-0.190.720.650.67-0.870.790.70.66-0.620.48-0.090.690.550.65-0.60.090.7-0.230.73-0.330.730.910.70.73
-0.20.22-0.17-0.08-0.030.41-0.07-0.22-0.380.040.22-0.09-0.34-0.30.120.23-0.3-0.17-0.02-0.16-0.12-0.07-0.11-0.14-0.15
0.680.140.570.690.43-0.790.640.740.78-0.490.480.69-0.340.620.34-0.420.480.550.210.740.040.570.580.660.6
0.960.360.870.910.83-0.610.870.960.71-0.810.580.55-0.30.620.74-0.820.60.850.210.80.560.860.240.370.86
0.820.330.870.820.97-0.540.880.780.58-0.850.510.650.120.340.74-0.870.370.850.020.790.280.950.470.240.86
-0.87-0.32-0.86-0.86-0.870.63-0.87-0.86-0.690.91-0.51-0.60.23-0.42-0.82-0.87-0.52-0.84-0.16-0.8-0.41-0.89-0.38-0.26-0.86
0.570.710.440.610.41-0.360.440.550.76-0.640.510.09-0.30.480.60.37-0.520.430.850.630.620.49-0.120.070.46
0.920.170.990.890.94-0.660.940.890.67-0.870.680.7-0.170.550.850.85-0.840.43-0.010.830.350.950.430.180.99
0.180.8-0.010.29-0.020.010.040.170.45-0.330.37-0.23-0.020.210.210.02-0.160.85-0.010.290.50.08-0.38-0.010.03
0.850.440.840.90.81-0.70.840.870.8-0.810.590.73-0.160.740.80.79-0.80.630.830.290.230.920.540.430.86
0.490.650.350.480.350.140.30.430.19-0.420.31-0.33-0.120.040.560.28-0.410.620.350.50.230.32-0.59-0.360.34
0.920.330.960.920.97-0.660.950.90.72-0.880.610.73-0.070.570.860.95-0.890.490.950.080.920.320.50.30.96
0.38-0.350.460.360.45-0.780.530.430.5-0.330.150.91-0.110.580.240.47-0.38-0.120.43-0.380.54-0.590.50.70.47
0.38-0.060.220.370.21-0.640.390.460.51-0.230.120.7-0.140.660.370.24-0.260.070.18-0.010.43-0.360.30.70.24
0.940.21.00.920.95-0.710.970.920.72-0.890.70.73-0.150.60.860.86-0.860.460.990.030.860.340.960.470.24
Click cells to compare fundamentals

Provident Bancorp Account Relationship Matchups

Provident Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.5B1.7B1.6B1.7B1.2B
Short Long Term Debt Total28.9M18.0M17.9M131.1M108.9M62.2M
Total Stockholder Equity230.9M235.9M233.8M207.5M221.9M172.8M
Other Liab12.1M14.5M17.7M18.1M20.9M12.3M
Property Plant And Equipment Net18.4M19.0M18.4M17.5M16.8M16.2M
Net Debt(30.8M)(65.8M)(135.2M)50.5M(111.5M)(105.9M)
Retained Earnings94.2M104.5M118.1M94.6M106.3M90.9M
Accounts Payable849.9M1.2B1.5B1.3B1.5B945.5M
Cash59.7M83.8M153.1M80.6M220.3M231.3M
Non Current Assets Total60.2M51.2M55.2M34.3M31.2M29.7M
Non Currrent Assets Other(60.2M)(51.2M)(55.2M)(28.6M)(14.1M)(14.8M)
Other Assets957.4M1.3B1.5B70.2M1.4B864.4M
Long Term Debt68.0M25.0M13.5M18.3M9.7M9.2M
Net Receivables2.9M6.4M5.7M6.6M6.1M4.1M
Common Stock Shares Outstanding18.1M18.1M17.3M16.5M16.6M15.2M
Short Term Investments41.8M32.2M36.8M28.6M28.6M46.8M
Liabilities And Stockholders Equity1.1B1.5B1.7B1.6B1.7B1.2B
Non Current Liabilities Total28.9M18.0M17.9M1.3B1.4B1.4B
Other Stockholder Equity136.1M139.5M123.5M114.9M124.1M80.2M
Total Liab28.9M18.0M17.9M1.4B1.4B1.5B
Property Plant And Equipment Gross18.4M19.0M18.4M17.5M29.2M17.4M
Total Current Assets104.3M122.4M195.7M1.5B226.4M280.2M
Accumulated Other Comprehensive Income458K1.1M649K(2.2M)(8.7M)(8.3M)
Property Plant Equipment18.4M19.0M18.4M17.5M20.2M15.9M
Total Current Liabilities3.9M908.1M1.2B108.5M1.2B710.2M
Net Tangible Assets230.9M235.9M233.8M207.5M238.7M173.4M
Other Current Assets62.5M90.2M158.8M93.3M226.4M237.7M
Long Term Investments41.8M32.2M36.8M28.6M28.6M52.2M
Short Long Term Debt35.0M11.5M0.0108.5M95M99.8M
Short Term Debt3.9M258K261K108.5M95.4M100.2M
Inventory(62.5M)(90.2M)(158.8M)1.3B16.1M15.3M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Provident Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Provident Bancorp'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 Provident Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Provident Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Provident Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Provident Stock refer to our How to Trade Provident Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Regional Banks 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 Provident Bancorp. If investors know Provident 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 Provident Bancorp 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
(0.73)
Earnings Share
0.32
Revenue Per Share
3.314
Quarterly Revenue Growth
(0.20)
Return On Assets
0.0031
The market value of Provident Bancorp is measured differently than its book value, which is the value of Provident that is recorded on the company's balance sheet. Investors also form their own opinion of Provident Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Provident Bancorp'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 Provident Bancorp's market value can be influenced by many factors that don't directly affect Provident Bancorp'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 Provident Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Provident Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Provident Bancorp'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.