Price to Book ratio Analysis of Novanta Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY PB
Period Ending - Dec-23
Very Poor PB
8.63
Period Ending - Dec-22
Very Poor PB
10.68
Growth
-19.22 %
Trailing Twelve Months PB
Period Ending - Dec-23
Very Poor PB
10.36
Most recent Quarter PB
Period Ending - Mar-24
Very Poor PB
8.55
PB Analysis of Novanta Inc
| P/B Ratio of Novanta Inc with value of 10.36 shows that company is trading much above Book value and may be risky. |
| PB Ratio of NOVT has fallen by -19.22 % Compared to previous Financial Year. |
| PB Ratio with value of 13.74 was highest in Year Dec-19 in last Five Years. |
| PB Ratio of NOVT trending down for at least three Years. |
| Latest PB Ratio with value of 8.63 is lower than Average PB of 11.24 in last five years. |
Other PB Related Info of NOVT that may interest you.
Novanta Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NOVT | 161.26 | 164.44 | 1.93 % | Scientific & Technical Instruments |
Defination of Price to Book
Price to book value essentially determines the value given by the market for each rupee of the company's net worth. Book value refers to how much an investor would receive if the company sold off its assets and paid all its debts. Book value shows the actual value of the company. more ..
PB Related Ratios
| PriceToEarningRatio | PriceToSalesRatio | ReturnOnEquity |
Tsr Value Index
| Poor Value Stock | |
FY - Historical Price to Book of Novanta Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| PB | 8.63 | 10.68 | 11.07 | 12.06 | 13.74 | 15.53 | 18.26 |
| Change | -19.22 % | -3.51 % | -8.21 % | -12.24 % | -11.54 % | -14.94 % | -16.04 % |
FY Chart of Price to Book of Novanta Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)