Allegion Price Book Value Ratio from 2010 to 2024

ALLE Stock  USD 141.38  0.03  0.02%   
Allegion PLC's Price Book Value Ratio is decreasing over the years with stable fluctuation. Price Book Value Ratio is expected to dwindle to 8.02. During the period from 2010 to 2024 Allegion PLC Price Book Value Ratio annual values regression line had coefficient of variation of  231.31 and r-squared of  0.02. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
8.44728135
Current Value
8.02
Quarterly Volatility
90.71354922
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Allegion PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allegion PLC's main balance sheet or income statement drivers, such as Depreciation And Amortization of 114.5 M, Interest Expense of 56.7 M or Selling General Administrative of 908.9 M, as well as many indicators such as Price To Sales Ratio of 2.39, Dividend Yield of 0.0078 or PTB Ratio of 8.02. Allegion financial statements analysis is a perfect complement when working with Allegion PLC Valuation or Volatility modules.
  
Check out the analysis of Allegion PLC Correlation against competitors.
For information on how to trade Allegion Stock refer to our How to Trade Allegion Stock guide.

Latest Allegion PLC's Price Book Value Ratio Growth Pattern

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

Allegion Price Book Value Ratio Regression Statistics

Arithmetic Mean39.22
Coefficient Of Variation231.31
Mean Deviation58.13
Median11.58
Standard Deviation90.71
Sample Variance8,229
Range364
R-Value(0.14)
Mean Square Error8,686
R-Squared0.02
Significance0.62
Slope(2.86)
Total Sum of Squares115,205

Allegion Price Book Value Ratio History

2024 8.02
2023 8.45
2022 9.81
2021 15.62
2020 12.95
2019 15.33
2018 11.58

About Allegion PLC Financial Statements

Allegion PLC stakeholders use historical fundamental indicators, such as Allegion PLC's Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Allegion PLC investors may analyze each financial statement separately, they are all interrelated. For example, changes in Allegion PLC's assets and liabilities are reflected in the revenues and expenses on Allegion PLC'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 Allegion PLC. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 8.45  8.02 

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When determining whether Allegion PLC is a strong investment it is important to analyze Allegion PLC'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 Allegion PLC's future performance. For an informed investment choice regarding Allegion Stock, refer to the following important reports:
Check out the analysis of Allegion PLC Correlation against competitors.
For information on how to trade Allegion Stock refer to our How to Trade Allegion Stock guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Building Products 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 Allegion PLC. If investors know Allegion 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 Allegion PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.124
Dividend Share
1.89
Earnings Share
6.5
Revenue Per Share
42.584
Quarterly Revenue Growth
0.054
The market value of Allegion PLC is measured differently than its book value, which is the value of Allegion that is recorded on the company's balance sheet. Investors also form their own opinion of Allegion PLC's value that differs from its market value or its book value, called intrinsic value, which is Allegion PLC'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 Allegion PLC's market value can be influenced by many factors that don't directly affect Allegion PLC'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 Allegion PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegion PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegion PLC'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.