United Price Book Value Ratio from 2010 to 2024

UZD Stock  USD 23.82  0.02  0.08%   
United States' Price Book Value Ratio is decreasing over the years with slightly volatile fluctuation. Price Book Value Ratio is expected to dwindle to 0.73. During the period from 2010 to 2024 United States Price Book Value Ratio annual values regression line had geometric mean of  1.03 and mean square error of  64.73. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
0.76327281
Current Value
0.73
Quarterly Volatility
8.66735047
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United States' main balance sheet or income statement drivers, such as Depreciation And Amortization of 431.3 M, Total Revenue of 2.6 B or Gross Profit of 1.6 B, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.13 or PTB Ratio of 0.73. United financial statements analysis is a perfect complement when working with United States Valuation or Volatility modules.
  
Check out the analysis of United States Correlation against competitors.

Latest United States' Price Book Value Ratio Growth Pattern

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

United Price Book Value Ratio Regression Statistics

Arithmetic Mean3.07
Geometric Mean1.03
Coefficient Of Variation282.38
Mean Deviation4.18
Median0.87
Standard Deviation8.67
Sample Variance75.12
Range34.0024
R-Value(0.45)
Mean Square Error64.73
R-Squared0.20
Significance0.09
Slope(0.87)
Total Sum of Squares1,052

United Price Book Value Ratio History

2024 0.73
2023 0.76
2022 0.39
2020 0.6
2019 0.74
2018 1.1
2017 0.87

About United States Financial Statements

United States stakeholders use historical fundamental indicators, such as United States' Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although United States investors may analyze each financial statement separately, they are all interrelated. For example, changes in United States' assets and liabilities are reflected in the revenues and expenses on United States' 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 United States Cellular. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 0.76  0.73 

Also Currently Popular

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 United States Cellular is a strong investment it is important to analyze United States' 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 United States' future performance. For an informed investment choice regarding United Stock, refer to the following important reports:
Check out the analysis of United States Correlation against competitors.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Communication 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 United States. If investors know United 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 United States listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity
3.4829
The market value of United States Cellular is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United States' value that differs from its market value or its book value, called intrinsic value, which is United States' 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 United States' market value can be influenced by many factors that don't directly affect United States' 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 United States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' 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.