Prudential Effective Tax Rate from 2010 to 2024

PUK Stock  USD 15.75  0.09  0.57%   
Prudential PLC Effective Tax Rate yearly trend continues to be quite stable with very little volatility. Effective Tax Rate may rise above 0.35 this year. From the period between 2010 and 2024, Prudential PLC, Effective Tax Rate regression line of its data series had sample variance of  0.06 and sample variance of  0.06. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.18359561
Current Value
0.35
Quarterly Volatility
0.24977838
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
Check out the analysis of Prudential PLC Correlation against competitors.

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 Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

Prudential Effective Tax Rate Regression Statistics

Arithmetic Mean0.23
Coefficient Of Variation107.95
Mean Deviation0.15
Median0.22
Standard Deviation0.25
Sample Variance0.06
Range1.1598
R-Value(0.51)
Mean Square Error0.05
R-Squared0.26
Significance0.05
Slope(0.03)
Total Sum of Squares0.87

Prudential Effective Tax Rate History

2023 0.18
2022 -0.55
2021 0.17
2019 0.15
2018 0.19
2016 0.4

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 ReportedProjected for Next Year
Effective Tax Rate 0.18  0.35 

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When determining whether Prudential PLC ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Prudential Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Prudential Plc Adr Stock. Highlighted below are key reports to facilitate an investment decision about Prudential Plc Adr Stock:
Check out the analysis of Prudential PLC Correlation against competitors.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.