Perma Return On Tangible Assets from 2010 to 2024

PPIH Stock  USD 15.35  0.05  0.32%   
Perma Pipe's Return On Tangible Assets are increasing with stable movements from year to year. Return On Tangible Assets are estimated to finish at 0.07 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.06821987
Current Value
0.0716
Quarterly Volatility
0.08134858
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Perma Pipe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Perma Pipe's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.9 M, Interest Expense of 2.6 M or Total Revenue of 148.8 M, as well as many indicators such as Price To Sales Ratio of 0.31, Dividend Yield of 0.0 or PTB Ratio of 1.18. Perma financial statements analysis is a perfect complement when working with Perma Pipe Valuation or Volatility modules.
  
Check out the analysis of Perma Pipe Correlation against competitors.

Latest Perma Pipe's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Perma Pipe International Holdings over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Perma Pipe's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Perma Pipe's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Pretty Stable
   Return On Tangible Assets   
       Timeline  

Perma Return On Tangible Assets Regression Statistics

Arithmetic Mean0
Geometric Mean0.04
Coefficient Of Variation3,854
Mean Deviation0.07
Median(0)
Standard Deviation0.08
Sample Variance0.01
Range0.2531
R-Value0.17
Mean Square Error0.01
R-Squared0.03
Significance0.55
Slope0
Total Sum of Squares0.09

Perma Return On Tangible Assets History

2024 0.0716
2023 0.0682
2022 0.0492
2021 0.0501
2020 -0.0761
2019 0.0325
2018 -0.005293

About Perma Pipe Financial Statements

Investors use fundamental indicators, such as Perma Pipe's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Perma Pipe's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.07  0.07 

Currently Active Assets on Macroaxis

When determining whether Perma Pipe Internati offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Perma Pipe's 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 Perma Pipe International Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Perma Pipe International Holdings Stock:
Check out the analysis of Perma Pipe Correlation against competitors.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Industrial Machinery & Supplies & Components 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 Perma Pipe. If investors know Perma 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 Perma Pipe 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
2.142
Earnings Share
1.9
Revenue Per Share
19.878
Quarterly Revenue Growth
0.068
Return On Assets
0.0821
The market value of Perma Pipe Internati is measured differently than its book value, which is the value of Perma that is recorded on the company's balance sheet. Investors also form their own opinion of Perma Pipe's value that differs from its market value or its book value, called intrinsic value, which is Perma Pipe'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 Perma Pipe's market value can be influenced by many factors that don't directly affect Perma Pipe'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 Perma Pipe's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perma Pipe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perma Pipe'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.