Pioneer Return On Tangible Assets from 2010 to 2024

MHI Stock  USD 9.43  0.07  0.75%   
Pioneer Municipal's Return On Tangible Assets are decreasing with slightly volatile movements from year to year. Return On Tangible Assets are estimated to finish at -0.0056 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(0.01)
Current Value
(0.01)
Quarterly Volatility
0.053077
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pioneer Municipal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pioneer Municipal's main balance sheet or income statement drivers, such as Interest Expense of 3.5 M, Selling General Administrative of 1.2 M or Operating Income of 4.4 M, as well as many indicators such as Dividend Yield of 0.0543, Ptb Ratio of 0.67 or Book Value Per Share of 15.94. Pioneer financial statements analysis is a perfect complement when working with Pioneer Municipal Valuation or Volatility modules.
  
Check out the analysis of Pioneer Municipal Correlation against competitors.

Latest Pioneer Municipal's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Pioneer Municipal High over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Pioneer Municipal's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pioneer Municipal's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Pioneer Return On Tangible Assets Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.03
Coefficient Of Variation195.92
Mean Deviation0.04
Median0.03
Standard Deviation0.05
Sample Variance0
Range0.1914
R-Value(0.63)
Mean Square Error0
R-Squared0.40
Significance0.01
Slope(0.01)
Total Sum of Squares0.04

Pioneer Return On Tangible Assets History

2024 -0.005633
2023 -0.00593
2022 -0.0135
2021 -0.1
2020 0.0723
2019 0.013
2018 0.0512

About Pioneer Municipal Financial Statements

Investors use fundamental indicators, such as Pioneer Municipal's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Pioneer Municipal's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.01)(0.01)

Currently Active Assets on Macroaxis

When determining whether Pioneer Municipal High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pioneer Municipal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pioneer Municipal High Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pioneer Municipal High Stock:
Check out the analysis of Pioneer Municipal Correlation against competitors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Asset Management & Custody Banks 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 Pioneer Municipal. If investors know Pioneer 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 Pioneer Municipal 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
(0.07)
Dividend Share
0.359
Revenue Per Share
0.754
Quarterly Revenue Growth
0.044
Return On Assets
0.028
The market value of Pioneer Municipal High is measured differently than its book value, which is the value of Pioneer that is recorded on the company's balance sheet. Investors also form their own opinion of Pioneer Municipal's value that differs from its market value or its book value, called intrinsic value, which is Pioneer Municipal'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 Pioneer Municipal's market value can be influenced by many factors that don't directly affect Pioneer Municipal'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 Pioneer Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer Municipal'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.