Phoenix Price To Book Ratio from 2010 to 2024

FENG Stock  USD 1.88  0.01  0.53%   
Phoenix New's Price To Book Ratio is decreasing over the last several years with slightly volatile swings. Price To Book Ratio is predicted to flatten to 0.19. 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
0.2
Current Value
0.19
Quarterly Volatility
3.33968038
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Phoenix New financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Phoenix main balance sheet or income statement drivers, such as Interest Expense of 34.3 M, Selling General Administrative of 166 M or Selling And Marketing Expenses of 309.1 M, as well as many exotic indicators such as Price To Sales Ratio of 0.31, Dividend Yield of 0.0097 or PTB Ratio of 0.19. Phoenix financial statements analysis is a perfect complement when working with Phoenix New Valuation or Volatility modules.
  
This module can also supplement Phoenix New's financial leverage analysis and stock options assessment as well as various Phoenix New Technical models . Check out the analysis of Phoenix New Correlation against competitors.

Latest Phoenix New's Price To Book Ratio Growth Pattern

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

Phoenix Price To Book Ratio Regression Statistics

Arithmetic Mean1.81
Geometric Mean0.78
Coefficient Of Variation184.53
Mean Deviation1.75
Median0.72
Standard Deviation3.34
Sample Variance11.15
Range13.3358
R-Value(0.61)
Mean Square Error7.60
R-Squared0.37
Significance0.02
Slope(0.45)
Total Sum of Squares156.15

Phoenix Price To Book Ratio History

2024 0.19
2023 0.2
2022 0.17
2021 0.28
2020 0.35
2019 0.3
2018 0.51

About Phoenix New Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Phoenix New income statement, its balance sheet, and the statement of cash flows. Phoenix New investors use historical funamental indicators, such as Phoenix New's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Phoenix New investors may use each financial statement separately, they are all related. The changes in Phoenix New's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Phoenix New's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Phoenix New Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Phoenix New. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 0.20  0.19 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Phoenix New in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Phoenix New's short interest history, or implied volatility extrapolated from Phoenix New options trading.

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When determining whether Phoenix New Media is a strong investment it is important to analyze Phoenix New's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Phoenix New's future performance. For an informed investment choice regarding Phoenix Stock, refer to the following important reports:
Check out the analysis of Phoenix New Correlation against competitors.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running Phoenix New's price analysis, check to measure Phoenix New'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 Phoenix New is operating at the current time. Most of Phoenix New's value examination focuses on studying past and present price action to predict the probability of Phoenix New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phoenix New's price. Additionally, you may evaluate how the addition of Phoenix New to your portfolios can decrease your overall portfolio volatility.
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Is Phoenix New's industry 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 Phoenix New. If investors know Phoenix 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 Phoenix New 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
(0.86)
Earnings Share
(0.80)
Revenue Per Share
57.05
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.04)
The market value of Phoenix New Media is measured differently than its book value, which is the value of Phoenix that is recorded on the company's balance sheet. Investors also form their own opinion of Phoenix New's value that differs from its market value or its book value, called intrinsic value, which is Phoenix New'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 Phoenix New's market value can be influenced by many factors that don't directly affect Phoenix New'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 Phoenix New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phoenix New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phoenix New'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.