Eversource Ptb Ratio vs Book Value Per Share Analysis
| ES Stock | | | USD 73.04 1.50 2.10% |
Eversource Energy financial indicator trend analysis is much more than just examining Eversource Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eversource Energy is a good investment. Please check the relationship between Eversource Energy Ptb Ratio and its Book Value Per Share accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eversource Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
For more information on how to buy Eversource Stock please use our
How to Invest in Eversource Energy guide.
Ptb Ratio vs Book Value Per Share
Ptb Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eversource Energy Ptb Ratio account and
Book Value Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between Eversource Energy's Ptb Ratio and Book Value Per Share is 0.67. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Eversource Energy, assuming nothing else is changed. The correlation between historical values of Eversource Energy's Ptb Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Eversource Energy are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Ptb Ratio i.e., Eversource Energy's Ptb Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.67 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Ptb Ratio
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.
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Eversource Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eversource Energy 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eversource Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
For more information on how to buy Eversource Stock please use our
How to Invest in Eversource Energy guide.At this time, Eversource Energy's
Issuance Of Capital Stock is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 52.1
B in 2025, despite the fact that
Selling General Administrative is likely to grow to (145.2
M).
Eversource Energy fundamental ratios Correlations
Click cells to compare fundamentals
Eversource Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eversource Energy fundamental ratios Accounts
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Additional Tools for Eversource Stock Analysis
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