Planet Net Income Per E B T from 2010 to 2024

YIBO Stock   3.26  0.34  9.44%   
Planet Image Net Income Per E B T yearly trend continues to be very stable with very little volatility. Net Income Per E B T is likely to drop to 0.74. During the period from 2010 to 2024, Planet Image Net Income Per E B T quarterly data regression pattern had sample variance of  0 and median of  0.85. View All Fundamentals
 
Net Income Per E B T  
First Reported
2010-12-31
Previous Quarter
0.90248433
Current Value
0.74
Quarterly Volatility
0.06252223
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Planet Image financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Planet Image's main balance sheet or income statement drivers, such as Tax Provision of 882 K, Depreciation And Amortization of 2.7 M or Interest Expense of 802.6 K, as well as many indicators such as Price To Sales Ratio of 1.47, Dividend Yield of 0.0 or PTB Ratio of 4.31. Planet financial statements analysis is a perfect complement when working with Planet Image Valuation or Volatility modules.
  
Check out the analysis of Planet Image Correlation against competitors.

Latest Planet Image's Net Income Per E B T Growth Pattern

Below is the plot of the Net Income Per E B T of Planet Image International over the last few years. It is Planet Image's Net Income Per E B T historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Planet Image's overall financial position and show how it may be relating to other accounts over time.
Net Income Per E B T10 Years Trend
Slightly volatile
   Net Income Per E B T   
       Timeline  

Planet Net Income Per E B T Regression Statistics

Arithmetic Mean0.88
Geometric Mean0.88
Coefficient Of Variation7.11
Mean Deviation0.05
Median0.85
Standard Deviation0.06
Sample Variance0
Range0.2586
R-Value0.29
Mean Square Error0
R-Squared0.08
Significance0.29
Slope0
Total Sum of Squares0.05

Planet Net Income Per E B T History

2024 0.74
2023 0.9
2022 0.98
2021 1.0
2020 0.92
2019 0.93
2018 0.89

About Planet Image Financial Statements

Planet Image investors utilize fundamental indicators, such as Net Income Per E B T, to predict how Planet 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
Net Income Per E B T 0.90  0.74 

Pair Trading with Planet Image

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Planet Image position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Planet Image will appreciate offsetting losses from the drop in the long position's value.

Moving against Planet Stock

  0.66WHLM WilhelminaPairCorr
  0.58MLKN MillerKnollPairCorr
  0.58AP Ampco PittsburghPairCorr
  0.55CVEO Civeo CorpPairCorr
  0.42PFMT Performant FinancialPairCorr
The ability to find closely correlated positions to Planet Image could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Planet Image when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Planet Image - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Planet Image International to buy it.
The correlation of Planet Image is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Planet Image moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Planet Image Interna moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Planet Image can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Planet Image Interna offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Planet Image'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 Planet Image International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Planet Image International Stock:
Check out the analysis of Planet Image Correlation against competitors.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Commercial Services & Supplies 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 Planet Image. If investors know Planet 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 Planet Image 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
(0.04)
Earnings Share
0.15
Revenue Per Share
3.568
Quarterly Revenue Growth
0.078
Return On Assets
0.0639
The market value of Planet Image Interna is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Image's value that differs from its market value or its book value, called intrinsic value, which is Planet Image'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 Planet Image's market value can be influenced by many factors that don't directly affect Planet Image'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 Planet Image's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Image is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Image'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.