Primerica Return On Tangible Assets from 2010 to 2024

PRI Stock  USD 287.15  8.44  2.86%   
Primerica's Return On Tangible Assets are increasing with stable movements from year to year. Return On Tangible Assets are predicted to flatten to 0.03. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.03915796
Current Value
0.0277
Quarterly Volatility
0.00921443
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Primerica financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Primerica's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.7 M, Interest Expense of 26.7 M or Selling General Administrative of 222.2 M, as well as many indicators such as Price To Sales Ratio of 1.46, Dividend Yield of 0.012 or PTB Ratio of 3.76. Primerica financial statements analysis is a perfect complement when working with Primerica Valuation or Volatility modules.
  
Check out the analysis of Primerica Correlation against competitors.
For more detail on how to invest in Primerica Stock please use our How to Invest in Primerica guide.

Latest Primerica's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Primerica over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Primerica's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Primerica's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Pretty Stable
   Return On Tangible Assets   
       Timeline  

Primerica Return On Tangible Assets Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.02
Coefficient Of Variation36.64
Mean Deviation0.01
Median0.02
Standard Deviation0.01
Sample Variance0.000085
Range0.034
R-Value0.16
Mean Square Error0.000089
R-Squared0.03
Significance0.56
Slope0.0003
Total Sum of Squares0

Primerica Return On Tangible Assets History

2024 0.0277
2023 0.0392
2022 0.0248
2021 0.0237
2020 0.026
2019 0.0269
2018 0.0258

About Primerica Financial Statements

Investors use fundamental indicators, such as Primerica's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Primerica'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
Return On Tangible Assets 0.04  0.03 

Currently Active Assets on Macroaxis

When determining whether Primerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Primerica'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 Primerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Primerica Stock:
Check out the analysis of Primerica Correlation against competitors.
For more detail on how to invest in Primerica Stock please use our How to Invest in Primerica 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 Life & Health Insurance 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 Primerica. If investors know Primerica 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 Primerica 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
0.143
Dividend Share
3.3
Earnings Share
19.95
Revenue Per Share
90.798
Quarterly Revenue Growth
0.107
The market value of Primerica is measured differently than its book value, which is the value of Primerica that is recorded on the company's balance sheet. Investors also form their own opinion of Primerica's value that differs from its market value or its book value, called intrinsic value, which is Primerica'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 Primerica's market value can be influenced by many factors that don't directly affect Primerica'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 Primerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primerica'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.