Nice Tangible Book Value Per Share from 2010 to 2024

NICE Stock  USD 182.44  2.60  1.45%   
Nice's Tangible Book Value Per Share is increasing over the years with slightly volatile fluctuation. Overall, Tangible Book Value Per Share is expected to go to 17.64 this year. During the period from 2010 to 2024 Nice Tangible Book Value Per Share annual values regression line had geometric mean of  6.80 and mean square error of  34.42. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
16.79526518
Current Value
17.64
Quarterly Volatility
7.42426555
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nice financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nice's main balance sheet or income statement drivers, such as Depreciation And Amortization of 175.7 M, Interest Expense of 4.7 M or Selling General Administrative of 264.9 M, as well as many indicators such as Price To Sales Ratio of 2.8, Dividend Yield of 0.0019 or PTB Ratio of 2.04. Nice financial statements analysis is a perfect complement when working with Nice Valuation or Volatility modules.
  
Check out the analysis of Nice Correlation against competitors.

Latest Nice's Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of Nice Ltd ADR over the last few years. It is Nice's Tangible Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nice's overall financial position and show how it may be relating to other accounts over time.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

Nice Tangible Book Value Per Share Regression Statistics

Arithmetic Mean7.75
Geometric Mean6.80
Coefficient Of Variation95.83
Mean Deviation5.91
Median6.82
Standard Deviation7.42
Sample Variance55.12
Range25.8333
R-Value0.65
Mean Square Error34.42
R-Squared0.42
Significance0.01
Slope1.08
Total Sum of Squares771.68

Nice Tangible Book Value Per Share History

2024 17.64
2023 16.8
2022 19.26
2021 13.99
2020 11.47
2019 7.53
2018 2.32

About Nice Financial Statements

Nice stakeholders use historical fundamental indicators, such as Nice's Tangible Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Nice investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nice's assets and liabilities are reflected in the revenues and expenses on Nice'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 Nice Ltd ADR. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tangible Book Value Per Share 16.80  17.64 

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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 Nice Ltd ADR is a strong investment it is important to analyze Nice'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 Nice's future performance. For an informed investment choice regarding Nice Stock, refer to the following important reports:
Check out the analysis of Nice Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Application Software 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 Nice. If investors know Nice 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 Nice 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
0.344
Earnings Share
6.47
Revenue Per Share
1.6083
Quarterly Revenue Growth
0.143
Return On Assets
0.0606
The market value of Nice Ltd ADR is measured differently than its book value, which is the value of Nice that is recorded on the company's balance sheet. Investors also form their own opinion of Nice's value that differs from its market value or its book value, called intrinsic value, which is Nice'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 Nice's market value can be influenced by many factors that don't directly affect Nice'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 Nice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nice'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.