Innovex International, Stock Book Value Per Share

INVX Stock   13.56  0.16  1.19%   
Innovex International, fundamentals help investors to digest information that contributes to Innovex International,'s financial success or failures. It also enables traders to predict the movement of Innovex Stock. The fundamental analysis module provides a way to measure Innovex International,'s intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Innovex International, stock.
Last ReportedProjected for Next Year
Book Value Per Share 25.79  17.57 
Tangible Book Value Per Share 24.07  17.07 
Book Value Per Share is likely to drop to 17.57 in 2024. Tangible Book Value Per Share is likely to drop to 17.07 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Innovex International, Company Book Value Per Share Analysis

Innovex International,'s Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Innovex International, Book Value Per Share

    
  13.47 X  
Most of Innovex International,'s fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Innovex International, is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Innovex Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Innovex International, is extremely important. It helps to project a fair market value of Innovex Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Innovex International,'s main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Innovex International,'s historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Innovex International,'s interrelated accounts and indicators.
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Innovex Book Value Per Share Historical Pattern

Today, most investors in Innovex International, Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Innovex International,'s growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's book value per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Innovex International, book value per share as a starting point in their analysis.
   Innovex International, Book Value Per Share   
       Timeline  
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

Innovex Common Stock Shares Outstanding

Common Stock Shares Outstanding

30.41 Million

At this time, Innovex International,'s Common Stock Shares Outstanding is fairly stable compared to the past year.
In accordance with the recently published financial statements, the book value per share of Innovex International, is about 13.471 times. This is 44.24% lower than that of the Energy Equipment & Services sector and 24.39% higher than that of the Energy industry. The book value per share for all United States stocks is 99.3% higher than that of the company.

Innovex Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Innovex International,'s direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Innovex International, could also be used in its relative valuation, which is a method of valuing Innovex International, by comparing valuation metrics of similar companies.
Innovex International, is currently under evaluation in book value per share category among its peers.

Innovex Fundamentals

About Innovex International, Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Innovex International,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovex International, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovex International, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Innovex Stock Analysis

When running Innovex International,'s price analysis, check to measure Innovex International,'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 Innovex International, is operating at the current time. Most of Innovex International,'s value examination focuses on studying past and present price action to predict the probability of Innovex International,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovex International,'s price. Additionally, you may evaluate how the addition of Innovex International, to your portfolios can decrease your overall portfolio volatility.