Common Stock Valuation Ratios (Price Multiples)
Quarterly Data
Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).
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- Income Statement
- Statement of Comprehensive Income
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Geographic Areas
- Enterprise Value (EV)
- Capital Asset Pricing Model (CAPM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Price to Earnings (P/E) since 2005
- Analysis of Revenues
- Aggregate Accruals
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Historical Valuation Ratios (Summary)
Take-Two Interactive Software Inc., historical price multiples (quarterly data)
Based on: 10-K (reporting date: 2025-03-31), 10-Q (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).
- Price to Earnings (P/E) Ratio
- The price to earnings ratio data starts from the quarter ending June 30, 2019, with values generally fluctuating between approximately 28 and 46 up to June 30, 2022. A notable spike occurs in the quarter ending June 30, 2022, reaching a high of 124.44, indicating a significant increase in the market valuation relative to earnings during this period. Data after this point is not available.
- Price to Operating Profit (P/OP) Ratio
- Observed from June 30, 2019, the price to operating profit ratio follows a somewhat parallel pattern to the P/E ratio. It ranges mainly between 25.95 and 46.57 prior to June 2022, with a noticeable peak at 75.75 in the quarter ending June 30, 2022. This suggests higher market valuation compared to operating profits during this time, possibly reflecting investor optimism or expectations of future growth. No subsequent data is provided.
- Price to Sales (P/S) Ratio
- The price to sales ratio shows a general upward trend from June 30, 2019, through to March 31, 2025. There is some variability in early quarters between 3.63 and 7; however, from approximately 2023 onwards, the ratio steadily increases from about 4.4 to 7.48 by the quarter ending March 31, 2025. This trend indicates that the market is valuing the company's sales increasingly higher over time, potentially reflecting anticipated revenue growth or improved sales quality.
- Price to Book Value (P/BV) Ratio
- This ratio demonstrates a considerable decline from 6.76 in June 2019 to a low of 1.66 by September 2022, suggesting that the market valuation relative to book value decreased during this period. Starting from late 2022, the ratio reverses course and rises significantly, reaching an exceptionally high value of 19.71 by March 31, 2025. This sharp increase implies a substantial market revaluation of the company's net assets or elevated investor confidence in future asset profitability.
Price to Earnings (P/E)
Take-Two Interactive Software Inc., historical P/E calculation (quarterly data)
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | |||||||||||||||||||||||||||||||
| Selected Financial Data (US$) | |||||||||||||||||||||||||||||||
| Net income (loss) (in thousands) | |||||||||||||||||||||||||||||||
| Earnings per share (EPS)2 | |||||||||||||||||||||||||||||||
| Share price1, 3 | |||||||||||||||||||||||||||||||
| Valuation Ratio | |||||||||||||||||||||||||||||||
| P/E ratio4 | |||||||||||||||||||||||||||||||
| Benchmarks | |||||||||||||||||||||||||||||||
| P/E Ratio, Competitors5 | |||||||||||||||||||||||||||||||
| Alphabet Inc. | |||||||||||||||||||||||||||||||
| Comcast Corp. | |||||||||||||||||||||||||||||||
| Meta Platforms Inc. | |||||||||||||||||||||||||||||||
| Netflix Inc. | |||||||||||||||||||||||||||||||
| Walt Disney Co. | |||||||||||||||||||||||||||||||
Based on: 10-K (reporting date: 2025-03-31), 10-Q (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).
1 Data adjusted for splits and stock dividends.
2 Q4 2025 Calculation
EPS
= (Net income (loss)Q4 2025
+ Net income (loss)Q3 2025
+ Net income (loss)Q2 2025
+ Net income (loss)Q1 2025)
÷ No. shares of common stock outstanding
= ( + + + )
÷ =
3 Closing price as at the filing date of Take-Two Interactive Software Inc. Quarterly or Annual Report.
4 Q4 2025 Calculation
P/E ratio = Share price ÷ EPS
= ÷ =
5 Click competitor name to see calculations.
Analysis of the financial data reveals several key trends over the observed periods for the company.
- Share Price (US$)
- The share price exhibited notable volatility across the timeline. Starting at $124.56 in mid-2019, a gradual rise was observed peaking at $200.31 by the end of 2020. The price then declined, reaching a low near $93.57 around the third quarter of 2022. Following this trough, a recovery phase occurred with the share price climbing steadily to reach $237.50 by the first quarter of 2025. This pattern suggests periods of strong market confidence alternated with phases of correction or uncertainty.
- Earnings per Share (EPS) (US$)
- EPS data is available beginning in the second quarter of 2020, starting at $3.55. There was a positive growth trend through mid-2021, reaching a local peak of $5.60 in the third quarter of 2021. However, a sharp and continuous decline in EPS followed, dropping into negative territory by early 2023. The declines intensified with EPS values deteriorating to as low as -$25.24 by the first quarter of 2025. This dramatic decrease signals significant profitability challenges and potential operational or market difficulties impacting earnings.
- Price-to-Earnings Ratio (P/E)
- P/E ratios are reported for a limited window between mid-2020 and mid-2022. During this interval, the P/E fluctuated between approximately 28.54 and 46.82, indicating varying levels of market optimism about future earnings relative to share price. Notably, P/E spiked to 124.44 in the second quarter of 2022, likely reflecting elevated market expectations despite declining EPS or possibly as a result of anomalous earnings figures. Subsequent P/E data is missing, likely due to the negative earnings making the ratio undefined or less meaningful.
Overall, the data indicates that the share price has experienced phases of growth and recovery despite the weakening earnings situation reflected by the EPS. The divergence between share price improvements and worsening earnings towards the latest periods may imply investor anticipation of future turnaround, external market influences, or other non-earnings-based valuation factors at play.
Price to Operating Profit (P/OP)
Take-Two Interactive Software Inc., historical P/OP calculation (quarterly data)
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | |||||||||||||||||||||||||||||||
| Selected Financial Data (US$) | |||||||||||||||||||||||||||||||
| Income (loss) from operations (in thousands) | |||||||||||||||||||||||||||||||
| Operating profit per share2 | |||||||||||||||||||||||||||||||
| Share price1, 3 | |||||||||||||||||||||||||||||||
| Valuation Ratio | |||||||||||||||||||||||||||||||
| P/OP ratio4 | |||||||||||||||||||||||||||||||
| Benchmarks | |||||||||||||||||||||||||||||||
| P/OP Ratio, Competitors5 | |||||||||||||||||||||||||||||||
| Alphabet Inc. | |||||||||||||||||||||||||||||||
| Comcast Corp. | |||||||||||||||||||||||||||||||
| Meta Platforms Inc. | |||||||||||||||||||||||||||||||
| Netflix Inc. | |||||||||||||||||||||||||||||||
| Walt Disney Co. | |||||||||||||||||||||||||||||||
Based on: 10-K (reporting date: 2025-03-31), 10-Q (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).
1 Data adjusted for splits and stock dividends.
2 Q4 2025 Calculation
Operating profit per share
= (Income (loss) from operationsQ4 2025
+ Income (loss) from operationsQ3 2025
+ Income (loss) from operationsQ2 2025
+ Income (loss) from operationsQ1 2025)
÷ No. shares of common stock outstanding
= ( + + + )
÷ =
3 Closing price as at the filing date of Take-Two Interactive Software Inc. Quarterly or Annual Report.
4 Q4 2025 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= ÷ =
5 Click competitor name to see calculations.
The share price exhibited notable fluctuations over the analyzed period. From June 2019 through December 2020, the price demonstrated a general upward trend, rising from $124.56 to $200.31. This peak was followed by a period of decline, reaching a low near $93.57 by September 2022. Subsequently, the share price recovered steadily, reaching $237.50 by March 2025, representing a significant increase from the earlier trough.
Operating profit per share data is available starting from March 2020. Initially, it showed growth, increasing from $3.73 to a peak of $6.16 by September 2021. However, after this period, the operating profit per share declined sharply, turning negative as of December 2022 (-$0.04) and continuing a downward trajectory through March 2025, where it registered at -$24.75.
The Price to Operating Profit (P/OP) ratio, which measures the share price relative to operating profit per share, was calculated for select periods. Early in the period, the ratio fluctuated between approximately 25.95 and 46.57, indicating varying market expectations relative to profitability. Notably, there is a peak in P/OP at 75.75 corresponding to June 2022, which aligns with the initial negative shift in operating profit per share, reflecting possibly inflated share prices relative to declining profits at that time. Data for P/OP ratio after this period is unavailable, likely due to the negative operating profit per share values.
Overall, the data reveals investor optimism and improving valuations up until late 2020, followed by deteriorating profitability starting in late 2021 into 2022, leading to a severe operational profit decline. Despite this, share prices recovered strongly from late 2022 onwards, potentially signaling market confidence in future performance improvements or other underlying factors supporting valuation beyond current operating profit figures.
- Share Price Trend
- Initial rise from $124.56 (Jun 2019) to $200.31 (Dec 2020), decline to $93.57 (Sep 2022), followed by steady recovery to $237.50 (Mar 2025).
- Operating Profit per Share Trend
- Growth from $3.73 (Mar 2020) to $6.16 (Sep 2021), then sharp decline turning negative from Dec 2022 (-$0.04) to -$24.75 (Mar 2025).
- P/OP Ratio Analysis
- Fluctuated between ~25.95 and ~46.57 during early periods, spiked to 75.75 at June 2022 correlating with negative operating profit onset; no further data as operating profits became negative.
- Interpretation
- Early period characterized by improving profitability and rising valuations; later period reflects operational challenges with declining profits, while share price recovery suggests market optimism not fully aligned with current operating profitability.
Price to Sales (P/S)
Take-Two Interactive Software Inc., historical P/S calculation (quarterly data)
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | |||||||||||||||||||||||||||||||
| Selected Financial Data (US$) | |||||||||||||||||||||||||||||||
| Net revenue (in thousands) | |||||||||||||||||||||||||||||||
| Sales per share2 | |||||||||||||||||||||||||||||||
| Share price1, 3 | |||||||||||||||||||||||||||||||
| Valuation Ratio | |||||||||||||||||||||||||||||||
| P/S ratio4 | |||||||||||||||||||||||||||||||
| Benchmarks | |||||||||||||||||||||||||||||||
| P/S Ratio, Competitors5 | |||||||||||||||||||||||||||||||
| Alphabet Inc. | |||||||||||||||||||||||||||||||
| Comcast Corp. | |||||||||||||||||||||||||||||||
| Meta Platforms Inc. | |||||||||||||||||||||||||||||||
| Netflix Inc. | |||||||||||||||||||||||||||||||
| Walt Disney Co. | |||||||||||||||||||||||||||||||
Based on: 10-K (reporting date: 2025-03-31), 10-Q (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).
1 Data adjusted for splits and stock dividends.
2 Q4 2025 Calculation
Sales per share
= (Net revenueQ4 2025
+ Net revenueQ3 2025
+ Net revenueQ2 2025
+ Net revenueQ1 2025)
÷ No. shares of common stock outstanding
= ( + + + )
÷ =
3 Closing price as at the filing date of Take-Two Interactive Software Inc. Quarterly or Annual Report.
4 Q4 2025 Calculation
P/S ratio = Share price ÷ Sales per share
= ÷ =
5 Click competitor name to see calculations.
The analysis of the quarterly financial data reveals several notable trends and patterns in share price, sales per share, and the price-to-sales (P/S) ratio over the observed periods.
- Share Price
- The share price shows considerable volatility throughout the timeline. Starting at $124.56 in June 2019, it initially declined to $112.6 by December 2019. This was followed by a significant rise, peaking at $200.31 in December 2020. A subsequent decline occurred, dropping to $120.76 by June 2022, then further to a low of $93.57 in September 2022. After this decline, the share price recovered steadily, reaching $237.5 by March 2025. Overall, the share price exhibits a cyclical pattern with periods of sharp increases and declines, reflecting market responsiveness to underlying financial or external factors.
- Sales per Share
- Sales per share data become available starting from March 2020, with a value of $27.11. There is a general upward trend in sales per share from March 2020 to June 2023, increasing from $27.11 to a peak of $32.57 in September 2023. After this peak, a modest decline and stabilization are seen, with values fluctuating slightly around $31 from December 2023 to March 2025. This suggests steady growth in revenue generation on a per-share basis with some stabilization in recent quarters.
- Price-to-Sales (P/S) Ratio
- The P/S ratio also exhibits fluctuations over time. From March 2020, the P/S ratio rose from 5.18 to reach a peak of 7 in March 2021, indicating increasing valuation relative to sales during this period. This was followed by a steady decline to 3.63 by September 2022, coinciding with the lowest share prices, indicating reduced market valuation relative to revenue. Post-September 2022, the P/S ratio recovered progressively, rising to 7.48 by March 2025. The pattern of the P/S ratio closely mirrors the share price movements yet also reflects changes in sales per share, signaling fluctuations in investor sentiment and valuation multiples over time.
In summary, the financial data indicate a dynamic environment with cyclical share price movements and steady growth in sales per share since early 2020. The P/S ratio trends suggest periods of market optimism followed by corrections and renewed confidence toward the latter part of the timeline. These patterns highlight underlying operational growth tempered by market valuation volatility.
Price to Book Value (P/BV)
Take-Two Interactive Software Inc., historical P/BV calculation (quarterly data)
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | |||||||||||||||||||||||||||||||
| Selected Financial Data (US$) | |||||||||||||||||||||||||||||||
| Total Take-Two Interactive Software, Inc. stockholders’ equity (in thousands) | |||||||||||||||||||||||||||||||
| Book value per share (BVPS)2 | |||||||||||||||||||||||||||||||
| Share price1, 3 | |||||||||||||||||||||||||||||||
| Valuation Ratio | |||||||||||||||||||||||||||||||
| P/BV ratio4 | |||||||||||||||||||||||||||||||
| Benchmarks | |||||||||||||||||||||||||||||||
| P/BV Ratio, Competitors5 | |||||||||||||||||||||||||||||||
| Alphabet Inc. | |||||||||||||||||||||||||||||||
| Comcast Corp. | |||||||||||||||||||||||||||||||
| Meta Platforms Inc. | |||||||||||||||||||||||||||||||
| Netflix Inc. | |||||||||||||||||||||||||||||||
| Walt Disney Co. | |||||||||||||||||||||||||||||||
Based on: 10-K (reporting date: 2025-03-31), 10-Q (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).
1 Data adjusted for splits and stock dividends.
2 Q4 2025 Calculation
BVPS = Total Take-Two Interactive Software, Inc. stockholders’ equity ÷ No. shares of common stock outstanding
= ÷ =
3 Closing price as at the filing date of Take-Two Interactive Software Inc. Quarterly or Annual Report.
4 Q4 2025 Calculation
P/BV ratio = Share price ÷ BVPS
= ÷ =
5 Click competitor name to see calculations.
The share price exhibits significant fluctuations over the analyzed periods. Initially, it shows a moderate decline from mid-2019 through the end of that year, followed by a notable increase reaching a peak around late 2020. Subsequently, the price declines again through mid-2022, reaching its lowest point in this interval, before demonstrating a steady upward trend starting in late 2022 and continuing through the first quarter of 2025, ultimately achieving the highest recorded value in the dataset.
Book value per share (BVPS) demonstrates a generally increasing trend from mid-2019 through the first quarter of 2022, roughly doubling during this span. Following this growth, the BVPS experiences a sharp decline starting mid-2022, continuing steadily downward through early 2025, reaching the lowest value observed over the time frame.
The price-to-book value (P/BV) ratio shows a corresponding pattern to the share price and BVPS movements. It begins at a relatively high level in mid-2019, declines towards mid-2022, and then rises again through to early 2025. Notably, the ratio reaches an exceptionally high peak in the last period, which aligns with the simultaneous sharp decrease in BVPS and increase in share price. This suggests a substantial increase in market valuation relative to the company's book value during this final phase.
- Share Price Trends
- Initial moderate decline in 2019, peak in late 2020, followed by decline to mid-2022, then steady increase through early 2025 reaching the highest point.
- Book Value per Share (BVPS) Trends
- Consistent growth from mid-2019 to early 2022, then a decline from mid-2022 onward, hitting the lowest value by early 2025.
- Price-to-Book Value (P/BV) Ratio Trends
- High values initially with a decrease until mid-2022, followed by a rising trend culminating in an exceptionally high peak at the end of the period; indicates rising market valuation relative to book value.
Overall, the financial data reveals a period of growth in intrinsic value up to early 2022, followed by a decline in book value despite a rising share price and market valuation thereafter. The divergence between market price appreciation and decreasing book value in the latest periods may warrant further investigation into the underlying factors influencing investor sentiment and valuation metrics.