Infobird Tangible Book Value Per Share from 2010 to 2024

IFBD Stock  USD 2.64  0.82  45.05%   
Infobird's Tangible Book Value Per Share is increasing over the years with slightly volatile fluctuation. Overall, Tangible Book Value Per Share is expected to go to 153.65 this year. During the period from 2010 to 2024 Infobird Tangible Book Value Per Share annual values regression line had coefficient of variation of  253.71 and r-squared of  0.38. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
146.33282347
Current Value
153.65
Quarterly Volatility
52.57483374
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Infobird financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Infobird's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 1.3 K or Depreciation And Amortization of 1.7 M, as well as many indicators such as Price To Sales Ratio of 13.99, Dividend Yield of 0.0 or PTB Ratio of 0.068. Infobird financial statements analysis is a perfect complement when working with Infobird Valuation or Volatility modules.
  
Check out the analysis of Infobird Correlation against competitors.

Latest Infobird's Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of Infobird Co over the last few years. It is Infobird's Tangible Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Infobird's overall financial position and show how it may be relating to other accounts over time.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

Infobird Tangible Book Value Per Share Regression Statistics

Arithmetic Mean20.72
Coefficient Of Variation253.71
Mean Deviation34.47
Median(0.66)
Standard Deviation52.57
Sample Variance2,764
Range154
R-Value0.62
Mean Square Error1,838
R-Squared0.38
Significance0.01
Slope7.27
Total Sum of Squares38,698

Infobird Tangible Book Value Per Share History

2024 153.65
2023 146.33
2022 3.01
2021 9.73
2020 2.75
2019 1.33

About Infobird Financial Statements

Infobird stakeholders use historical fundamental indicators, such as Infobird's Tangible Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Infobird investors may analyze each financial statement separately, they are all interrelated. For example, changes in Infobird's assets and liabilities are reflected in the revenues and expenses on Infobird's 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 Infobird Co. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tangible Book Value Per Share 146.33  153.65 

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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 Infobird is a strong investment it is important to analyze Infobird'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 Infobird's future performance. For an informed investment choice regarding Infobird Stock, refer to the following important reports:
Check out the analysis of Infobird Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Application Software 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 Infobird. If investors know Infobird 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 Infobird 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
(0.18)
Earnings Share
(53.73)
Revenue Per Share
0.711
Quarterly Revenue Growth
(0.43)
Return On Assets
(0.04)
The market value of Infobird is measured differently than its book value, which is the value of Infobird that is recorded on the company's balance sheet. Investors also form their own opinion of Infobird's value that differs from its market value or its book value, called intrinsic value, which is Infobird'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 Infobird's market value can be influenced by many factors that don't directly affect Infobird'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 Infobird's value and its price as these two are different measures arrived at by different means. Investors typically determine if Infobird is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Infobird'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.