AbbVie Price Book Value Ratio from 2010 to 2024

ABBV Stock  USD 177.06  0.11  0.06%   
AbbVie Price Book Value Ratio yearly trend continues to be fairly stable with very little volatility. Price Book Value Ratio will likely drop to 17.20 in 2024. During the period from 2010 to 2024, AbbVie Price Book Value Ratio regression line of quarterly data had mean square error of  364.55 and geometric mean of  16.68. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
26.44661776
Current Value
17.2
Quarterly Volatility
18.41130371
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AbbVie financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AbbVie's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.1 B, Interest Expense of 1.1 B or Selling General Administrative of 7.8 B, as well as many indicators such as Price To Sales Ratio of 3.39, Dividend Yield of 0.0289 or PTB Ratio of 17.2. AbbVie financial statements analysis is a perfect complement when working with AbbVie Valuation or Volatility modules.
  
Check out the analysis of AbbVie Correlation against competitors.

Latest AbbVie's Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of AbbVie Inc over the last few years. It is AbbVie's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AbbVie's overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio10 Years Trend
Very volatile
   Price Book Value Ratio   
       Timeline  

AbbVie Price Book Value Ratio Regression Statistics

Arithmetic Mean15.74
Geometric Mean16.68
Coefficient Of Variation116.95
Mean Deviation11.97
Median16.59
Standard Deviation18.41
Sample Variance338.98
Range76.7382
R-Value(0.04)
Mean Square Error364.55
R-Squared0
Significance0.90
Slope(0.15)
Total Sum of Squares4,746

AbbVie Price Book Value Ratio History

2024 17.2
2023 26.45
2022 16.59
2021 15.55
2020 13.66
2019 -16.05
2018 -16.82

About AbbVie Financial Statements

AbbVie investors use historical fundamental indicators, such as AbbVie's Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in AbbVie. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 26.45  17.20 

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Additional Tools for AbbVie Stock Analysis

When running AbbVie's price analysis, check to measure AbbVie's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AbbVie is operating at the current time. Most of AbbVie's value examination focuses on studying past and present price action to predict the probability of AbbVie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AbbVie's price. Additionally, you may evaluate how the addition of AbbVie to your portfolios can decrease your overall portfolio volatility.