Able Price Book Value Ratio from 2010 to 2024

ABLV Stock   0.90  0.02  2.27%   
Able View Price Book Value Ratio yearly trend continues to be fairly stable with very little volatility. Price Book Value Ratio will likely drop to 9.16 in 2024. During the period from 2010 to 2024, Able View Price Book Value Ratio regression line of quarterly data had mean square error of  315.26 and geometric mean of  27.16. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
9.63697374
Current Value
9.16
Quarterly Volatility
17.11140191
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Able View financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Able View's main balance sheet or income statement drivers, such as Tax Provision of 1.6 M, Depreciation And Amortization of 924.4 K or Interest Expense of 702.8 K, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 5.0E-4 or PTB Ratio of 9.16. Able financial statements analysis is a perfect complement when working with Able View Valuation or Volatility modules.
  
Check out the analysis of Able View Correlation against competitors.

Latest Able View's Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of Able View Global over the last few years. It is Able View's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Able View'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  

Able Price Book Value Ratio Regression Statistics

Arithmetic Mean30.64
Geometric Mean27.16
Coefficient Of Variation55.85
Mean Deviation7.47
Median30.11
Standard Deviation17.11
Sample Variance292.80
Range77.4691
R-Value(0.01)
Mean Square Error315.26
R-Squared0.0002
Significance0.96
Slope(0.05)
Total Sum of Squares4,099

Able Price Book Value Ratio History

2024 9.16
2023 9.64
2022 86.63
2021 22.97

About Able View Financial Statements

Able View investors use historical fundamental indicators, such as Able View'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 Able View. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 9.64  9.16 

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Additional Tools for Able Stock Analysis

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