United Tangible Book Value Per Share from 2010 to 2024

UZE Stock  USD 23.13  0.33  1.45%   
United States' Tangible Book Value Per Share is decreasing over the years with slightly volatile fluctuation. Overall, Tangible Book Value Per Share is projected to go to -0.44 this year. During the period from 2010 to 2024 United States Tangible Book Value Per Share annual values regression line had coefficient of variation of  70.97 and r-squared of  0.24. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
(0.46)
Current Value
(0.44)
Quarterly Volatility
9.24633519
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United States' main balance sheet or income statement drivers, such as Depreciation And Amortization of 431.3 M, Total Revenue of 2.6 B or Gross Profit of 1.6 B, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.13 or PTB Ratio of 0.73. United financial statements analysis is a perfect complement when working with United States Valuation or Volatility modules.
  
Check out the analysis of United States Correlation against competitors.

Latest United States' Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of United States Cellular over the last few years. It is United States' Tangible Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United States' 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  

United Tangible Book Value Per Share Regression Statistics

Arithmetic Mean13.03
Coefficient Of Variation70.97
Mean Deviation8.16
Median17.24
Standard Deviation9.25
Sample Variance85.49
Range23.9193
R-Value(0.49)
Mean Square Error70.16
R-Squared0.24
Significance0.07
Slope(1.01)
Total Sum of Squares1,197

United Tangible Book Value Per Share History

2024 -0.44
2023 -0.46
2022 -1.27
2021 5.65
2020 21.01
2018 20.35
2017 17.24

About United States Financial Statements

United States stakeholders use historical fundamental indicators, such as United States' Tangible Book Value Per Share, to determine how well the company is positioned to perform in the future. Although United States investors may analyze each financial statement separately, they are all interrelated. For example, changes in United States' assets and liabilities are reflected in the revenues and expenses on United States' 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 United States Cellular. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tangible Book Value Per Share(0.46)(0.44)

Also Currently Popular

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 United States Cellular is a strong investment it is important to analyze United States' 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 United States' future performance. For an informed investment choice regarding United Stock, refer to the following important reports:
Check out the analysis of United States Correlation against competitors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Electric Utilities 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 United States. If investors know United 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 United States listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity
3.4829
The market value of United States Cellular is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United States' value that differs from its market value or its book value, called intrinsic value, which is United States' 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 United States' market value can be influenced by many factors that don't directly affect United States' 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 United States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' 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.