Innovative Price Book Value Ratio from 2010 to 2024

LUCYW Stock  USD 0.05  0.01  24.02%   
Innovative Eyewear Price Book Value Ratio yearly trend continues to be fairly stable with very little volatility. Price Book Value Ratio will likely drop to 0.76 in 2024. During the period from 2010 to 2024, Innovative Eyewear Price Book Value Ratio regression line of quarterly data had r-squared of  0.16 and coefficient of variation of (555.40). View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
0.7983254
Current Value
0.76
Quarterly Volatility
44.76125646
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Innovative Eyewear financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innovative Eyewear's main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.3 K, Interest Expense of 2.9 K or Selling General Administrative of 4.3 M, as well as many indicators such as Price To Sales Ratio of 3.66, Dividend Yield of 0.0 or PTB Ratio of 0.76. Innovative financial statements analysis is a perfect complement when working with Innovative Eyewear Valuation or Volatility modules.
  
Check out the analysis of Innovative Eyewear Correlation against competitors.
For more information on how to buy Innovative Stock please use our How to Invest in Innovative Eyewear guide.

Latest Innovative Eyewear's Price Book Value Ratio Growth Pattern

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

Innovative Price Book Value Ratio Regression Statistics

Arithmetic Mean(8.06)
Coefficient Of Variation(555.40)
Mean Deviation24.65
Median(24.21)
Standard Deviation44.76
Sample Variance2,004
Range180
R-Value0.40
Mean Square Error1,808
R-Squared0.16
Significance0.14
Slope4.03
Total Sum of Squares28,050

Innovative Price Book Value Ratio History

2024 0.76
2023 0.8
2022 2.22
2021 148.89
2020 -31.43

About Innovative Eyewear Financial Statements

Innovative Eyewear investors use historical fundamental indicators, such as Innovative Eyewear's Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Innovative Eyewear. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 0.80  0.76 

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Additional Tools for Innovative Stock Analysis

When running Innovative Eyewear's price analysis, check to measure Innovative Eyewear's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innovative Eyewear is operating at the current time. Most of Innovative Eyewear's value examination focuses on studying past and present price action to predict the probability of Innovative Eyewear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovative Eyewear's price. Additionally, you may evaluate how the addition of Innovative Eyewear to your portfolios can decrease your overall portfolio volatility.