ICoreConnect Price To Book Ratio from 2010 to 2024

ICCT Stock  USD 0.17  0.01  5.56%   
ICoreConnect Common Price To Book Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Book Ratio will likely drop to 1.95 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
2.05064949
Current Value
1.95
Quarterly Volatility
30.44094752
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ICoreConnect Common financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ICoreConnect Common's main balance sheet or income statement drivers, such as Depreciation And Amortization of 699.2 K, Interest Expense of 2.5 M or Selling General Administrative of 13.8 M, as well as many indicators such as Price To Sales Ratio of 1.06, Dividend Yield of 0.0 or PTB Ratio of 1.95. ICoreConnect financial statements analysis is a perfect complement when working with ICoreConnect Common Valuation or Volatility modules.
  
Check out the analysis of ICoreConnect Common Correlation against competitors.

Latest ICoreConnect Common's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of iCoreConnect Common stock 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. ICoreConnect Common's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ICoreConnect Common'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  

ICoreConnect Price To Book Ratio Regression Statistics

Arithmetic Mean6.55
Geometric Mean0.74
Coefficient Of Variation464.65
Mean Deviation15.51
Median(0.02)
Standard Deviation30.44
Sample Variance926.65
Range131
R-Value0.16
Mean Square Error971.28
R-Squared0.03
Significance0.56
Slope1.11
Total Sum of Squares12,973

ICoreConnect Price To Book Ratio History

2024 1.95
2023 2.05
2022 -6.13
2021 16.09
2020 -12.14
2019 113.33
2018 -0.014

About ICoreConnect Common Financial Statements

ICoreConnect Common shareholders use historical fundamental indicators, such as Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although ICoreConnect Common investors may analyze each financial statement separately, they are all interrelated. The changes in ICoreConnect Common's assets and liabilities, for example, are also reflected in the revenues and expenses on on ICoreConnect Common's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Book Ratio 2.05  1.95 

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Additional Tools for ICoreConnect Stock Analysis

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