Intuit Pb Ratio from 2010 to 2024
| INTU Stock | USD 574.27 2.21 0.39% |
PB Ratio | First Reported 2010-12-31 | Previous Quarter 7.49 | Current Value 6.6 | Quarterly Volatility 7.18529244 |
Check Intuit financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Intuit's main balance sheet or income statement drivers, such as Depreciation And Amortization of 973.2 M, Interest Expense of 234.4 M or Total Revenue of 17.3 B, as well as many indicators such as Price To Sales Ratio of 4.62, Dividend Yield of 0.0091 or PTB Ratio of 6.6. Intuit financial statements analysis is a perfect complement when working with Intuit Valuation or Volatility modules.
Intuit | Pb Ratio |
Latest Intuit's Pb Ratio Growth Pattern
Below is the plot of the Pb Ratio of Intuit Inc over the last few years. It is Intuit's PB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Intuit's overall financial position and show how it may be relating to other accounts over time.
| Pb Ratio | 10 Years Trend |
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Pb Ratio |
| Timeline |
Intuit Pb Ratio Regression Statistics
| Arithmetic Mean | 12.87 | |
| Geometric Mean | 11.19 | |
| Coefficient Of Variation | 55.83 | |
| Mean Deviation | 6.06 | |
| Median | 8.37 | |
| Standard Deviation | 7.19 | |
| Sample Variance | 51.63 | |
| Range | 20.6671 | |
| R-Value | (0.02) | |
| Mean Square Error | 55.57 | |
| R-Squared | 0.0005 | |
| Significance | 0.94 | |
| Slope | (0.04) | |
| Total Sum of Squares | 722.80 |
Intuit Pb Ratio History
About Intuit Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Intuit income statement, its balance sheet, and the statement of cash flows. Intuit investors use historical funamental indicators, such as Intuit's Pb Ratio, to determine how well the company is positioned to perform in the future. Although Intuit investors may use each financial statement separately, they are all related. The changes in Intuit's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Intuit's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Intuit Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Intuit. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| PB Ratio | 7.49 | 6.60 |
Pair Trading with Intuit
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Intuit position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Intuit will appreciate offsetting losses from the drop in the long position's value.Moving together with Intuit Stock
Moving against Intuit Stock
The ability to find closely correlated positions to Intuit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intuit when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Intuit - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Intuit Inc to buy it.
The correlation of Intuit is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Intuit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intuit Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Intuit can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Intuit Stock Analysis
When running Intuit's price analysis, check to measure Intuit'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 Intuit is operating at the current time. Most of Intuit's value examination focuses on studying past and present price action to predict the probability of Intuit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intuit's price. Additionally, you may evaluate how the addition of Intuit to your portfolios can decrease your overall portfolio volatility.