MYR Pb Ratio vs Book Value Per Share Analysis
| MYRG Stock | USD 217.70 4.17 1.95% |
MYR financial indicator trend analysis is infinitely more than just investigating MYR Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MYR Group is a good investment. Please check the relationship between MYR Pb Ratio and its Book Value Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Pb Ratio vs Book Value Per Share
Pb 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 MYR Group Pb Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between MYR's Pb Ratio and Book Value Per Share is -0.3. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of MYR Group, assuming nothing else is changed. The correlation between historical values of MYR's Pb 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 Pb Ratio of MYR Group 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 Pb Ratio i.e., MYR's Pb Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.3 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Pb Ratio
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 MYR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MYR Group 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. At this time, MYR's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The MYR's current Enterprise Value Multiple is estimated to increase to 22.33, while Selling General Administrative is projected to decrease to roughly 123 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 3.6M | 4.9M | 6.5M | 6.9M | Depreciation And Amortization | 58.2M | 59.1M | 65.2M | 68.4M |
MYR fundamental ratios Correlations
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MYR Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MYR fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 995.9M | 1.1B | 1.4B | 1.6B | 1.6B | 1.7B | |
| Short Long Term Debt Total | 52.1M | 25.5M | 74.5M | 73.6M | 120.0M | 126.0M | |
| Other Current Liab | 86.1M | 106.7M | 91.3M | 115.0M | 109.3M | 63.5M | |
| Total Current Liabilities | 443.4M | 498.6M | 667.0M | 747.2M | 748.9M | 786.3M | |
| Total Stockholder Equity | 429.3M | 519.1M | 560.2M | 651.2M | 600.4M | 630.4M | |
| Property Plant And Equipment Net | 207.4M | 217.1M | 263.7M | 304.0M | 320.9M | 336.9M | |
| Net Debt | 29.4M | (56.6M) | 23.5M | 48.7M | 116.5M | 122.4M | |
| Retained Earnings | 270.5M | 355.0M | 404.9M | 492.5M | 453.7M | 476.4M | |
| Cash | 22.7M | 82.1M | 51.0M | 24.9M | 3.5M | 3.3M | |
| Non Current Assets Total | 359.2M | 372.7M | 508.6M | 552.5M | 559.4M | 587.4M | |
| Non Currrent Assets Other | 4.3M | 4.1M | (8.0M) | 39.3M | 40.4M | 42.4M | |
| Cash And Short Term Investments | 22.7M | 82.1M | 51.0M | 24.9M | 3.5M | 3.3M | |
| Net Receivables | 585.1M | 620.7M | 791.4M | 954.8M | 968.7M | 1.0B | |
| Common Stock Shares Outstanding | 16.9M | 17.2M | 17.0M | 16.8M | 16.5M | 15.6M | |
| Liabilities And Stockholders Equity | 995.9M | 1.1B | 1.4B | 1.6B | 1.6B | 1.7B | |
| Non Current Liabilities Total | 123.2M | 103.4M | 171.7M | 214.1M | 224.8M | 236.0M | |
| Other Current Assets | 28.9M | 45.6M | 47.8M | 46.5M | 42.5M | 44.6M | |
| Other Stockholder Equity | 158.6M | 163.8M | 161.4M | 162.4M | 159.1M | 114.4M | |
| Total Liab | 566.6M | 602.0M | 838.7M | 927.5M | 973.7M | 1.0B | |
| Property Plant And Equipment Gross | 207.4M | 539.2M | 615.5M | 684.5M | 708.1M | 743.5M | |
| Total Current Assets | 636.7M | 748.4M | 890.3M | 1.0B | 1.0B | 1.1B | |
| Accumulated Other Comprehensive Income | 23K | 173K | (6.3M) | (3.9M) | (12.7M) | (13.3M) | |
| Short Term Debt | 18.2M | 16.6M | 26.8M | 18.3M | 17.6M | 15.5M | |
| Accounts Payable | 162.6M | 200.7M | 315.3M | 359.4M | 295.5M | 310.2M | |
| Intangible Assets | 51.4M | 49.1M | 87.6M | 83.5M | 75.7M | 79.5M | |
| Common Stock | 165K | 166K | 167K | 168K | 161K | 148.9K | |
| Other Liab | 72.3M | 82.4M | 86.7M | 113.1M | 130.0M | 136.5M | |
| Other Assets | 56.6M | 36.5M | 37.7M | 33.8M | 38.9M | 40.8M | |
| Property Plant Equipment | 185.3M | 207.4M | 217.1M | 263.7M | 303.3M | 154.9M | |
| Long Term Debt | 25.0M | 3.5M | 35.5M | 29.2M | 70.0M | 40.6M | |
| Net Tangible Assets | 243.5M | 311.9M | 404.0M | 356.8M | 410.3M | 285.6M | |
| Current Deferred Revenue | 158.4M | 167.9M | 227.1M | 240.4M | 322.0M | 338.1M | |
| Deferred Long Term Liab | 600K | 1.4M | 1.1M | 500K | 450K | 427.5K | |
| Non Current Liabilities Other | 18.6M | 11.3M | 16.0M | 25.0M | 16.3M | 17.1M | |
| Short Long Term Debt | 4.4M | 1.0M | 5.1M | 7.1M | 4.4M | 4.1M |
Currently Active Assets on Macroaxis
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| XLC | Communication Services Select |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Construction & Engineering 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 MYR. If investors know MYR 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 MYR 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 2.154 | Earnings Share 6.34 | Revenue Per Share | Quarterly Revenue Growth 0.07 | Return On Assets |
The market value of MYR Group is measured differently than its book value, which is the value of MYR that is recorded on the company's balance sheet. Investors also form their own opinion of MYR's value that differs from its market value or its book value, called intrinsic value, which is MYR'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 MYR's market value can be influenced by many factors that don't directly affect MYR'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 MYR's value and its price as these two are different measures arrived at by different means. Investors typically determine if MYR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYR'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.