Trimble Ptb Ratio from 2010 to 2024
| TRMB Stock | USD 60.21 0.56 0.92% |
PTB Ratio | First Reported 2010-12-31 | Previous Quarter 5.55671306 | Current Value 6.71 | Quarterly Volatility 1.47092786 |
Check Trimble financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trimble's main balance sheet or income statement drivers, such as Depreciation And Amortization of 263.1 M, Total Revenue of 4 B or Gross Profit of 2.3 B, as well as many indicators such as Price To Sales Ratio of 6.29, Dividend Yield of 0.0 or PTB Ratio of 6.71. Trimble financial statements analysis is a perfect complement when working with Trimble Valuation or Volatility modules.
Trimble | Ptb Ratio |
Latest Trimble's Ptb Ratio Growth Pattern
Below is the plot of the Ptb Ratio of Trimble over the last few years. It is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value. Trimble's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Trimble's overall financial position and show how it may be relating to other accounts over time.
| Ptb Ratio | 10 Years Trend |
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Ptb Ratio |
| Timeline |
Trimble Ptb Ratio Regression Statistics
| Arithmetic Mean | 3.90 | |
| Geometric Mean | 3.64 | |
| Coefficient Of Variation | 37.69 | |
| Mean Deviation | 1.31 | |
| Median | 4.65 | |
| Standard Deviation | 1.47 | |
| Sample Variance | 2.16 | |
| Range | 4.5292 | |
| R-Value | 0.82 | |
| Mean Square Error | 0.75 | |
| R-Squared | 0.68 | |
| Significance | 0.0002 | |
| Slope | 0.27 | |
| Total Sum of Squares | 30.29 |
Trimble Ptb Ratio History
About Trimble Financial Statements
Trimble stakeholders use historical fundamental indicators, such as Trimble's Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Trimble investors may analyze each financial statement separately, they are all interrelated. For example, changes in Trimble's assets and liabilities are reflected in the revenues and expenses on Trimble's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Trimble. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| PTB Ratio | 5.56 | 6.71 |
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Check out the analysis of Trimble Correlation against competitors. For information on how to trade Trimble Stock refer to our How to Trade Trimble Stock guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Electronic Equipment, Instruments & Components 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 Trimble. If investors know Trimble 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 Trimble 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 28.705 | Earnings Share 6.11 | Revenue Per Share 15.054 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0331 |
The market value of Trimble is measured differently than its book value, which is the value of Trimble that is recorded on the company's balance sheet. Investors also form their own opinion of Trimble's value that differs from its market value or its book value, called intrinsic value, which is Trimble'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 Trimble's market value can be influenced by many factors that don't directly affect Trimble'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 Trimble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trimble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trimble'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.