NOV Tangible Book Value Per Share from 2010 to 2024

NOV Stock  USD 16.61  0.21  1.28%   
NOV Tangible Book Value Per Share yearly trend continues to be fairly stable with very little volatility. Tangible Book Value Per Share will likely drop to 7.07 in 2024. During the period from 2010 to 2024, NOV Tangible Book Value Per Share regression line of quarterly data had mean square error of  23.76 and geometric mean of  10.40. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
10.76335878
Current Value
7.07
Quarterly Volatility
5.21790012
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NOV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NOV's main balance sheet or income statement drivers, such as Depreciation And Amortization of 369.1 M, Interest Expense of 46.8 M or Total Revenue of 8.8 B, as well as many indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.015 or PTB Ratio of 2.1. NOV financial statements analysis is a perfect complement when working with NOV Valuation or Volatility modules.
  
Check out the analysis of NOV Correlation against competitors.

Latest NOV's Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of NOV Inc over the last few years. It is NOV's Tangible Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NOV'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  

NOV Tangible Book Value Per Share Regression Statistics

Arithmetic Mean12.03
Geometric Mean10.40
Coefficient Of Variation43.39
Mean Deviation4.00
Median11.72
Standard Deviation5.22
Sample Variance27.23
Range18.5972
R-Value(0.44)
Mean Square Error23.76
R-Squared0.19
Significance0.10
Slope(0.51)
Total Sum of Squares381.17

NOV Tangible Book Value Per Share History

2024 7.07
2023 10.76
2022 8.05
2021 7.86
2020 8.49
2019 10.96
2018 12.18

About NOV Financial Statements

NOV investors use historical fundamental indicators, such as NOV's Tangible Book Value Per Share, 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 NOV. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tangible Book Value Per Share 10.76  7.07 

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Additional Tools for NOV Stock Analysis

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