Above Tangible Book Value Per Share from 2010 to 2024

ABVE Stock   0.67  0.02  2.90%   
Above Food's Tangible Book Value Per Share is decreasing over the years with slightly volatile fluctuation. Overall, Tangible Book Value Per Share is expected to go to 0 this year. During the period from 2010 to 2024 Above Food Tangible Book Value Per Share annual values regression line had coefficient of variation of  80.89 and r-squared of  0.50. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
(5.77)
Current Value
0.00107714
Quarterly Volatility
4.3032112
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Above Food financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Above Food's main balance sheet or income statement drivers, such as Other Operating Expenses of 431 M, Total Operating Expenses of 38 M or Tax Provision of 0.0, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0 or PTB Ratio of 8.8 K. Above financial statements analysis is a perfect complement when working with Above Food Valuation or Volatility modules.
  
Check out the analysis of Above Food Correlation against competitors.

Latest Above Food's Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of Above Food Ingredients over the last few years. It is Above Food's Tangible Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Above Food's overall financial position and show how it may be relating to other accounts over time.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

Above Tangible Book Value Per Share Regression Statistics

Arithmetic Mean5.32
Coefficient Of Variation80.89
Mean Deviation3.47
Median7.68
Standard Deviation4.30
Sample Variance18.52
Range13.4541
R-Value(0.71)
Mean Square Error9.95
R-Squared0.50
Significance0
Slope(0.68)
Total Sum of Squares259.25

Above Tangible Book Value Per Share History

2023 -5.77
2022 1.05
2020 0.001077

About Above Food Financial Statements

Above Food stakeholders use historical fundamental indicators, such as Above Food's Tangible Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Above Food investors may analyze each financial statement separately, they are all interrelated. For example, changes in Above Food's assets and liabilities are reflected in the revenues and expenses on Above Food's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Above Food Ingredients. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Above Food Ingredients is a strong investment it is important to analyze Above Food's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Above Food's future performance. For an informed investment choice regarding Above Stock, refer to the following important reports:
Check out the analysis of Above Food Correlation against competitors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Agricultural Products & Services 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 Above Food. If investors know Above 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 Above Food listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.52)
Revenue Per Share
4.753
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.16)
The market value of Above Food Ingredients is measured differently than its book value, which is the value of Above that is recorded on the company's balance sheet. Investors also form their own opinion of Above Food's value that differs from its market value or its book value, called intrinsic value, which is Above Food'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 Above Food's market value can be influenced by many factors that don't directly affect Above Food'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 Above Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Above Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Above Food'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.