Paranovus Price Book Value Ratio from 2010 to 2024

PAVS Stock   0.93  0.01  1.09%   
Paranovus Entertainment Price Book Value Ratio yearly trend continues to be comparatively stable with very little volatility. Price Book Value Ratio will likely drop to 1.48 in 2024. From the period from 2010 to 2024, Paranovus Entertainment Price Book Value Ratio quarterly data regression had r-value of (0.40) and coefficient of variation of  72.82. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
1.5604371
Current Value
1.48
Quarterly Volatility
2.68753497
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Paranovus Entertainment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Paranovus Entertainment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 712 K, Interest Expense of 37.2 K or Selling General Administrative of 4.8 M, as well as many indicators such as Price To Sales Ratio of 1.26, Dividend Yield of 4.0E-4 or PTB Ratio of 1.48. Paranovus financial statements analysis is a perfect complement when working with Paranovus Entertainment Valuation or Volatility modules.
  
Check out the analysis of Paranovus Entertainment Correlation against competitors.

Latest Paranovus Entertainment's Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of Paranovus Entertainment Technology over the last few years. It is Paranovus Entertainment's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Paranovus Entertainment's overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio10 Years Trend
Slightly volatile
   Price Book Value Ratio   
       Timeline  

Paranovus Price Book Value Ratio Regression Statistics

Arithmetic Mean3.69
Geometric Mean2.64
Coefficient Of Variation72.82
Mean Deviation2.05
Median4.83
Standard Deviation2.69
Sample Variance7.22
Range10.9473
R-Value(0.40)
Mean Square Error6.51
R-Squared0.16
Significance0.14
Slope(0.24)
Total Sum of Squares101.12

Paranovus Price Book Value Ratio History

2024 1.48
2023 1.56
2022 1.97
2021 0.15
2020 11.1
2019 0.94
2018 1.85

About Paranovus Entertainment Financial Statements

Paranovus Entertainment shareholders use historical fundamental indicators, such as Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Paranovus Entertainment investors may analyze each financial statement separately, they are all interrelated. The changes in Paranovus Entertainment's assets and liabilities, for example, are also reflected in the revenues and expenses on on Paranovus Entertainment's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price Book Value Ratio 1.56  1.48 

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Additional Tools for Paranovus Stock Analysis

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