RadNet Price Book Value Ratio from 2010 to 2024

RDNT Stock  USD 81.76  0.73  0.88%   
RadNet Price Book Value Ratio yearly trend continues to be comparatively stable with very little volatility. Price Book Value Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, RadNet Price Book Value Ratio quarterly data regression had r-value of  0.25 and coefficient of variation of (436.33). View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
3.50514694
Current Value
3.68
Quarterly Volatility
213.41396801
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check RadNet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RadNet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 199 M, Interest Expense of 36.6 M or Total Revenue of 1.7 B, as well as many indicators such as Price To Sales Ratio of 1.44, Dividend Yield of 0.0013 or PTB Ratio of 3.68. RadNet financial statements analysis is a perfect complement when working with RadNet Valuation or Volatility modules.
  
Check out the analysis of RadNet Correlation against competitors.

Latest RadNet's Price Book Value Ratio Growth Pattern

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

RadNet Price Book Value Ratio Regression Statistics

Arithmetic Mean(48.91)
Geometric Mean7.75
Coefficient Of Variation(436.33)
Mean Deviation102.42
Median3.85
Standard Deviation213.41
Sample Variance45,546
Range882
R-Value0.25
Mean Square Error45,935
R-Squared0.06
Significance0.36
Slope12.02
Total Sum of Squares637,637

RadNet Price Book Value Ratio History

2024 3.68
2023 3.51
2022 3.18
2021 6.91
2020 6.01
2019 6.65
2018 3.85

About RadNet Financial Statements

RadNet 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 RadNet investors may analyze each financial statement separately, they are all interrelated. The changes in RadNet's assets and liabilities, for example, are also reflected in the revenues and expenses on on RadNet'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 3.51  3.68 

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Additional Tools for RadNet Stock Analysis

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