Abacus Price To Book Ratio from 2010 to 2024

ABLLW Stock   1.15  0.23  16.67%   
Abacus Life Price To Book Ratio yearly trend continues to be fairly stable with very little volatility. Price To Book Ratio will likely drop to 3.39 in 2024. Price To Book Ratio is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
3.56789254
Current Value
3.39
Quarterly Volatility
1.6 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Abacus Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Abacus Life's main balance sheet or income statement drivers, such as Tax Provision of 1.5 M, Interest Income of 624.5 K or Depreciation And Amortization of 4.7 M, as well as many indicators such as Price To Sales Ratio of 16.75, Dividend Yield of 7.0E-4 or PTB Ratio of 3.39. Abacus financial statements analysis is a perfect complement when working with Abacus Life Valuation or Volatility modules.
  
Check out the analysis of Abacus Life Correlation against competitors.
For more information on how to buy Abacus Stock please use our How to Invest in Abacus Life guide.

Latest Abacus Life's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Abacus Life over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. Abacus Life's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Abacus Life's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Pretty Stable
   Price To Book Ratio   
       Timeline  

Abacus Price To Book Ratio Regression Statistics

Arithmetic Mean595.92
Geometric Mean145.37
Coefficient Of Variation261.33
Mean Deviation749.12
Median245.34
Standard Deviation1,557
Sample Variance2.4M
Range6.2K
R-Value0.20
Mean Square Error2.5M
R-Squared0.04
Significance0.47
Slope70.00
Total Sum of Squares34M

Abacus Price To Book Ratio History

2024 3.39
2023 3.57
2022 18.78
2021 6214.32

About Abacus Life Financial Statements

Abacus Life investors use historical fundamental indicators, such as Abacus Life's Price To Book 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 Abacus Life. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 3.57  3.39 

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Additional Tools for Abacus Stock Analysis

When running Abacus Life's price analysis, check to measure Abacus Life'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 Abacus Life is operating at the current time. Most of Abacus Life's value examination focuses on studying past and present price action to predict the probability of Abacus Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abacus Life's price. Additionally, you may evaluate how the addition of Abacus Life to your portfolios can decrease your overall portfolio volatility.