Innovative Price Earnings Ratio from 2010 to 2024

LUCY Stock  USD 6.86  0.30  4.57%   
Innovative Eyewear Price Earnings Ratio yearly trend continues to be fairly stable with very little volatility. Price Earnings Ratio will likely drop to -0.7 in 2024. During the period from 2010 to 2024, Innovative Eyewear Price Earnings Ratio regression line of annual values had significance of  0.0001 and arithmetic mean of (32.08). View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
(0.67)
Current Value
(0.70)
Quarterly Volatility
19.02688946
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Innovative Eyewear financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innovative Eyewear's main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.3 K, Interest Expense of 2.9 K or Selling General Administrative of 4.1 M, as well as many indicators such as Price To Sales Ratio of 3.66, Dividend Yield of 0.0 or PTB Ratio of 0.76. Innovative financial statements analysis is a perfect complement when working with Innovative Eyewear Valuation or Volatility modules.
  
Check out the analysis of Innovative Eyewear Correlation against competitors.
For more information on how to buy Innovative Stock please use our How to Invest in Innovative Eyewear guide.

Latest Innovative Eyewear's Price Earnings Ratio Growth Pattern

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

Innovative Price Earnings Ratio Regression Statistics

Arithmetic Mean(32.08)
Coefficient Of Variation(59.31)
Mean Deviation16.70
Median(44.61)
Standard Deviation19.03
Sample Variance362.02
Range43.9412
R-Value0.83
Mean Square Error119.40
R-Squared0.69
Significance0.0001
Slope3.54
Total Sum of Squares5,068

Innovative Price Earnings Ratio History

2024 -0.7
2023 -0.67
2022 -1.57
2021 -9.52
2020 -22.7

About Innovative Eyewear Financial Statements

Innovative Eyewear investors use historical fundamental indicators, such as Innovative Eyewear's Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Innovative Eyewear. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings Ratio(0.67)(0.70)

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Additional Tools for Innovative Stock Analysis

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