Inseego Price To Book Ratio from 2010 to 2024

INSG Stock  USD 11.94  0.04  0.33%   
Inseego Corp's Price To Book Ratio is decreasing over the last several years with slightly volatile swings. Price To Book Ratio is predicted to flatten to -0.26. 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
(0.25)
Current Value
(0.26)
Quarterly Volatility
14.86724015
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Inseego Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Inseego Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.4 M, Interest Expense of 8.6 M or Selling General Administrative of 26.8 M, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0 or Days Sales Outstanding of 59.61. Inseego financial statements analysis is a perfect complement when working with Inseego Corp Valuation or Volatility modules.
  
Check out the analysis of Inseego Corp Correlation against competitors.
For more detail on how to invest in Inseego Stock please use our How to Invest in Inseego Corp guide.

Latest Inseego Corp's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Inseego Corp 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. Inseego Corp's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Inseego Corp's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Slightly volatile
   Price To Book Ratio   
       Timeline  

Inseego Price To Book Ratio Regression Statistics

Arithmetic Mean(7.07)
Geometric Mean2.79
Coefficient Of Variation(210.19)
Mean Deviation9.69
Median(1.29)
Standard Deviation14.87
Sample Variance221.03
Range57.4697
R-Value(0.32)
Mean Square Error213.11
R-Squared0.10
Significance0.24
Slope(1.08)
Total Sum of Squares3,094

Inseego Price To Book Ratio History

2024 -0.26
2023 -0.25
2022 -1.29
2021 -24.22
2020 -53.47
2019 -15.42
2018 -7.54

About Inseego Corp Financial Statements

Inseego Corp stakeholders use historical fundamental indicators, such as Inseego Corp's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Inseego Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Inseego Corp's assets and liabilities are reflected in the revenues and expenses on Inseego Corp'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 Inseego Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio(0.25)(0.26)

Currently Active Assets on Macroaxis

When determining whether Inseego Corp is a strong investment it is important to analyze Inseego Corp'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 Inseego Corp's future performance. For an informed investment choice regarding Inseego Stock, refer to the following important reports:
Check out the analysis of Inseego Corp Correlation against competitors.
For more detail on how to invest in Inseego Stock please use our How to Invest in Inseego Corp guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Communications Equipment 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 Inseego Corp. If investors know Inseego 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 Inseego Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.02)
Revenue Per Share
16.535
Quarterly Revenue Growth
0.104
Return On Assets
(0.1)
Return On Equity
(8.35)
The market value of Inseego Corp is measured differently than its book value, which is the value of Inseego that is recorded on the company's balance sheet. Investors also form their own opinion of Inseego Corp's value that differs from its market value or its book value, called intrinsic value, which is Inseego Corp'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 Inseego Corp's market value can be influenced by many factors that don't directly affect Inseego Corp'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 Inseego Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inseego Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inseego Corp'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.