Immunoprecise Price To Book Ratio from 2010 to 2024

IPA Stock  USD 0.38  0.02  5.00%   
Immunoprecise Antibodies' Price To Book Ratio is increasing over the years with slightly volatile fluctuation. Price To Book Ratio is expected to dwindle to -0.97. 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
1.33280491
Current Value
(0.97)
Quarterly Volatility
2.85027092
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Immunoprecise Antibodies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Immunoprecise Antibodies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 6 M, Interest Expense of 18.1 K or Total Revenue of 25.7 M, as well as many indicators such as Price To Sales Ratio of 0.11, Dividend Yield of 0.87 or Days Sales Outstanding of 0.41. Immunoprecise financial statements analysis is a perfect complement when working with Immunoprecise Antibodies Valuation or Volatility modules.
  
Check out the analysis of Immunoprecise Antibodies Correlation against competitors.
For information on how to trade Immunoprecise Stock refer to our How to Trade Immunoprecise Stock guide.

Latest Immunoprecise Antibodies' Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Immunoprecise Antibodies 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. Immunoprecise Antibodies' Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Immunoprecise Antibodies' 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  

Immunoprecise Price To Book Ratio Regression Statistics

Arithmetic Mean1.15
Coefficient Of Variation247.11
Mean Deviation2.14
Median1.33
Standard Deviation2.85
Sample Variance8.12
Range12.41
R-Value0.37
Mean Square Error7.52
R-Squared0.14
Significance0.17
Slope0.24
Total Sum of Squares113.74

Immunoprecise Price To Book Ratio History

2023 1.33
2022 1.5
2021 1.87
2020 3.47
2019 3.5
2018 2.76
2017 3.44

About Immunoprecise Antibodies Financial Statements

Immunoprecise Antibodies stakeholders use historical fundamental indicators, such as Immunoprecise Antibodies' Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Immunoprecise Antibodies investors may analyze each financial statement separately, they are all interrelated. For example, changes in Immunoprecise Antibodies' assets and liabilities are reflected in the revenues and expenses on Immunoprecise Antibodies' 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 Immunoprecise Antibodies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 1.33 (0.97)

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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 Immunoprecise Antibodies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Immunoprecise Antibodies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Immunoprecise Antibodies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Immunoprecise Antibodies Stock:
Check out the analysis of Immunoprecise Antibodies Correlation against competitors.
For information on how to trade Immunoprecise Stock refer to our How to Trade Immunoprecise Stock guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Biotechnology 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 Immunoprecise Antibodies. If investors know Immunoprecise 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 Immunoprecise Antibodies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.76)
Revenue Per Share
0.921
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.13)
Return On Equity
(0.64)
The market value of Immunoprecise Antibodies is measured differently than its book value, which is the value of Immunoprecise that is recorded on the company's balance sheet. Investors also form their own opinion of Immunoprecise Antibodies' value that differs from its market value or its book value, called intrinsic value, which is Immunoprecise Antibodies' 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 Immunoprecise Antibodies' market value can be influenced by many factors that don't directly affect Immunoprecise Antibodies' 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 Immunoprecise Antibodies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Immunoprecise Antibodies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Immunoprecise Antibodies' 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.