WiMi Pb Ratio from 2010 to 2024

WIMI Stock  USD 0.84  0.06  7.69%   
WiMi Hologram's PB Ratio is decreasing with slightly volatile movements from year to year. PB Ratio is predicted to flatten to 0.63. For the period between 2010 and 2024, WiMi Hologram, PB Ratio quarterly trend regression had mean deviation of  10.40 and range of 23.0094. View All Fundamentals
 
PB Ratio  
First Reported
2010-12-31
Previous Quarter
0.66601356
Current Value
0.63
Quarterly Volatility
10.9201704
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check WiMi Hologram financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WiMi Hologram's main balance sheet or income statement drivers, such as Net Interest Income of 13.3 M, Interest Income of 14.4 M or Depreciation And Amortization of 2.1 M, as well as many indicators such as Price To Sales Ratio of 0.81, Dividend Yield of 0.0 or PTB Ratio of 0.63. WiMi financial statements analysis is a perfect complement when working with WiMi Hologram Valuation or Volatility modules.
  
Check out the analysis of WiMi Hologram Correlation against competitors.

Latest WiMi Hologram's Pb Ratio Growth Pattern

Below is the plot of the Pb Ratio of WiMi Hologram Cloud over the last few years. It is WiMi Hologram's PB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in WiMi Hologram's overall financial position and show how it may be relating to other accounts over time.
Pb Ratio10 Years Trend
Slightly volatile
   Pb Ratio   
       Timeline  

WiMi Pb Ratio Regression Statistics

Arithmetic Mean13.68
Geometric Mean6.58
Coefficient Of Variation79.82
Mean Deviation10.40
Median23.43
Standard Deviation10.92
Sample Variance119.25
Range23.0094
R-Value(0.90)
Mean Square Error24.41
R-Squared0.81
Slope(2.20)
Total Sum of Squares1,670

WiMi Pb Ratio History

2024 0.63
2023 0.67
2022 0.42
2021 1.28
2020 2.43
2019 5.37
2018 7.0

About WiMi Hologram Financial Statements

Investors use fundamental indicators, such as WiMi Hologram's Pb Ratio, to determine how well the company is positioned to perform in the future. Although WiMi Hologram'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
PB Ratio 0.67  0.63 

Currently Active Assets on Macroaxis

When determining whether WiMi Hologram Cloud offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WiMi Hologram'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 Wimi Hologram Cloud Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wimi Hologram Cloud Stock:
Check out the analysis of WiMi Hologram Correlation against competitors.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Movies & Entertainment 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 WiMi Hologram. If investors know WiMi 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 WiMi Hologram 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
(0.80)
Earnings Share
(0.65)
Revenue Per Share
6.558
Quarterly Revenue Growth
0.098
Return On Assets
(0.09)
The market value of WiMi Hologram Cloud is measured differently than its book value, which is the value of WiMi that is recorded on the company's balance sheet. Investors also form their own opinion of WiMi Hologram's value that differs from its market value or its book value, called intrinsic value, which is WiMi Hologram'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 WiMi Hologram's market value can be influenced by many factors that don't directly affect WiMi Hologram'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 WiMi Hologram's value and its price as these two are different measures arrived at by different means. Investors typically determine if WiMi Hologram is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WiMi Hologram'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.