Able Price To Book Ratio from 2010 to 2024

ABLV Stock   0.71  0.06  7.79%   
Able View Price To Book Ratio yearly trend continues to be fairly stable with very little volatility. Price To Book Ratio will likely drop to 9.16 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
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 To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Able View Global 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. Able View's Price To Book 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 To Book Ratio10 Years Trend
Very volatile
   Price To Book Ratio   
       Timeline  

Able Price To Book 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 To Book 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 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 Able View. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 9.64  9.16 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.