Abacus Price Book Value Ratio from 2010 to 2024

ABL Stock   7.90  0.36  4.77%   
Abacus Life Price Book Value Ratio yearly trend continues to be quite stable with very little volatility. The value of Price Book Value Ratio is projected to decrease to 3.39. From the period between 2010 and 2024, Abacus Life, Price Book Value Ratio regression line of its data series had standard deviation of  1,557 and standard deviation of  1,557. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
3.56789254
Current Value
3.39
Quarterly Volatility
1.6 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Abacus Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Abacus Life's main balance sheet or income statement drivers, such as Tax Provision of 1.5 M, Interest Income of 624.5 K or Depreciation And Amortization of 3.6 M, as well as many indicators such as Price To Sales Ratio of 16.75, Dividend Yield of 7.0E-4 or PTB Ratio of 3.39. Abacus financial statements analysis is a perfect complement when working with Abacus Life Valuation or Volatility modules.
  
Check out the analysis of Abacus Life Correlation against competitors.
For more information on how to buy Abacus Stock please use our How to buy in Abacus Stock guide.

Latest Abacus Life's Price Book Value Ratio Growth Pattern

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

Abacus Price Book Value Ratio Regression Statistics

Arithmetic Mean595.92
Geometric Mean145.37
Coefficient Of Variation261.33
Mean Deviation749.12
Median245.34
Standard Deviation1,557
Sample Variance2.4M
Range6.2K
R-Value0.20
Mean Square Error2.5M
R-Squared0.04
Significance0.47
Slope70.00
Total Sum of Squares34M

Abacus Price Book Value Ratio History

2024 3.39
2023 3.57
2022 18.78
2021 6214.32

About Abacus Life Financial Statements

Abacus Life investors utilize fundamental indicators, such as Price Book Value Ratio, to predict how Abacus 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
Price Book Value Ratio 3.57  3.39 

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When determining whether Abacus Life is a strong investment it is important to analyze Abacus Life'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 Abacus Life's future performance. For an informed investment choice regarding Abacus Stock, refer to the following important reports:
Check out the analysis of Abacus Life Correlation against competitors.
For more information on how to buy Abacus Stock please use our How to buy in Abacus Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Insurance Brokers 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 Abacus Life. If investors know Abacus 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 Abacus Life 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
(0.92)
Earnings Share
(0.22)
Revenue Per Share
1.547
Quarterly Revenue Growth
0.333
Return On Assets
0.0336
The market value of Abacus Life is measured differently than its book value, which is the value of Abacus that is recorded on the company's balance sheet. Investors also form their own opinion of Abacus Life's value that differs from its market value or its book value, called intrinsic value, which is Abacus Life'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 Abacus Life's market value can be influenced by many factors that don't directly affect Abacus Life'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 Abacus Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abacus Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abacus Life'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.