Prudential Effective Tax Rate from 2010 to 2024
PUK Stock | USD 15.75 0.09 0.57% |
Effective Tax Rate | First Reported 2010-12-31 | Previous Quarter 0.18359561 | Current Value 0.35 | Quarterly Volatility 0.24977838 |
Check Prudential PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prudential PLC's main balance sheet or income statement drivers, such as Interest Expense of 163.1 M, Other Operating Expenses of 20.3 B or Income Before Tax of 1.6 B, as well as many indicators such as Price To Sales Ratio of 0.46, Ptb Ratio of 2.47 or Days Sales Outstanding of 0.0. Prudential financial statements analysis is a perfect complement when working with Prudential PLC Valuation or Volatility modules.
Prudential | Effective Tax Rate |
Latest Prudential PLC's Effective Tax Rate Growth Pattern
Below is the plot of the Effective Tax Rate of Prudential PLC ADR over the last few years. Effective Tax Rate is the average rate at which Prudential PLC ADR pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Prudential PLC total tax expenses by Prudential PLC earnings before taxes. It is Prudential PLC's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Prudential PLC's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate | 10 Years Trend |
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Effective Tax Rate |
Timeline |
Prudential Effective Tax Rate Regression Statistics
Arithmetic Mean | 0.23 | |
Coefficient Of Variation | 107.95 | |
Mean Deviation | 0.15 | |
Median | 0.22 | |
Standard Deviation | 0.25 | |
Sample Variance | 0.06 | |
Range | 1.1598 | |
R-Value | (0.51) | |
Mean Square Error | 0.05 | |
R-Squared | 0.26 | |
Significance | 0.05 | |
Slope | (0.03) | |
Total Sum of Squares | 0.87 |
Prudential Effective Tax Rate History
About Prudential PLC Financial Statements
Prudential PLC investors utilize fundamental indicators, such as Effective Tax Rate, to predict how Prudential 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 Reported | Projected for Next Year | ||
Effective Tax Rate | 0.18 | 0.35 |
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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 Prudential PLC. If investors know Prudential 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 Prudential PLC 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 (0.87) | Dividend Share 0.211 | Earnings Share 0.64 | Revenue Per Share 1.9965 | Quarterly Revenue Growth (0.02) |
The market value of Prudential PLC ADR is measured differently than its book value, which is the value of Prudential that is recorded on the company's balance sheet. Investors also form their own opinion of Prudential PLC's value that differs from its market value or its book value, called intrinsic value, which is Prudential PLC'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 Prudential PLC's market value can be influenced by many factors that don't directly affect Prudential PLC'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 Prudential PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prudential PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prudential PLC'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.