Permianville Effective Tax Rate from 2010 to 2024

PVL Stock  USD 1.55  0.01  0.65%   
Permianville Royalty Effective Tax Rate yearly trend continues to be quite stable with very little volatility. Effective Tax Rate may rise above -0.02 this year. From the period between 2010 and 2024, Permianville Royalty, Effective Tax Rate regression line of its data series had sample variance of  0.28 and sample variance of  0.28. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
(0.02)
Current Value
(0.02)
Quarterly Volatility
0.52644983
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Permianville Royalty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Permianville Royalty's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 856.3 K or Selling And Marketing Expenses of 297.6 K, as well as many indicators such as Price To Sales Ratio of 4.34, Dividend Yield of 0.41 or PTB Ratio of 1.09. Permianville financial statements analysis is a perfect complement when working with Permianville Royalty Valuation or Volatility modules.
  
Check out the analysis of Permianville Royalty Correlation against competitors.

Latest Permianville Royalty's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Permianville Royalty Trust over the last few years. Effective Tax Rate is the average rate at which Permianville Royalty pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Permianville Royalty total tax expenses by Permianville Royalty earnings before taxes. It is Permianville Royalty's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Permianville Royalty's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

Permianville Effective Tax Rate Regression Statistics

Arithmetic Mean0.51
Coefficient Of Variation103.77
Mean Deviation0.51
Median0.85
Standard Deviation0.53
Sample Variance0.28
Range1.106
R-Value(0.87)
Mean Square Error0.07
R-Squared0.76
Significance0.000023
Slope(0.10)
Total Sum of Squares3.88

Permianville Effective Tax Rate History

2024 -0.0217
2023 -0.0229
2022 -0.0199
2021 -0.0507
2020 -8.9E-5
2019 -0.0204
2018 -0.11

About Permianville Royalty Financial Statements

Permianville Royalty investors utilize fundamental indicators, such as Effective Tax Rate, to predict how Permianville Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Effective Tax Rate(0.02)(0.02)

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When determining whether Permianville Royalty is a strong investment it is important to analyze Permianville Royalty'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 Permianville Royalty's future performance. For an informed investment choice regarding Permianville Stock, refer to the following important reports:
Check out the analysis of Permianville Royalty Correlation against competitors.
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Is Oil, Gas & Consumable Fuels 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 Permianville Royalty. If investors know Permianville 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 Permianville Royalty 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
0.051
Earnings Share
0.2
Revenue Per Share
0.101
Quarterly Revenue Growth
(0.99)
Return On Assets
0.0269
The market value of Permianville Royalty is measured differently than its book value, which is the value of Permianville that is recorded on the company's balance sheet. Investors also form their own opinion of Permianville Royalty's value that differs from its market value or its book value, called intrinsic value, which is Permianville Royalty'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 Permianville Royalty's market value can be influenced by many factors that don't directly affect Permianville Royalty'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 Permianville Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Permianville Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Permianville Royalty'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.