Nice Price To Book Ratio from 2010 to 2024

NICE Stock  USD 219.52  1.42  0.64%   
Nice's Price To Book Ratio is increasing over the years with slightly volatile fluctuation. Price To Book Ratio is expected to dwindle to 2.19. Price To Book Ratio is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter’s book value per share. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
3.79716841
Current Value
2.19
Quarterly Volatility
1.61228783
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nice financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nice main balance sheet or income statement drivers, such as Depreciation And Amortization of 175.7 M, Interest Expense of 4.5 M or Selling General Administrative of 264.9 M, as well as many exotic indicators such as Price To Sales Ratio of 3.06, Dividend Yield of 0.0019 or PTB Ratio of 2.19. Nice financial statements analysis is a perfect complement when working with Nice Valuation or Volatility modules.
  
This module can also supplement Nice's financial leverage analysis and stock options assessment as well as various Nice Technical models . Check out the analysis of Nice Correlation against competitors.

Latest Nice's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Nice Ltd ADR over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter’s book value per share. Nice's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nice's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Slightly volatile
   Price To Book Ratio   
       Timeline  

Nice Price To Book Ratio Regression Statistics

Arithmetic Mean3.45
Geometric Mean3.15
Coefficient Of Variation46.80
Mean Deviation1.21
Median3.18
Standard Deviation1.61
Sample Variance2.60
Range5.2231
R-Value0.47
Mean Square Error2.18
R-Squared0.22
Significance0.08
Slope0.17
Total Sum of Squares36.39

Nice Price To Book Ratio History

2024 2.19
2023 3.8
2022 4.03
2021 6.79
2020 6.94
2019 4.27
2018 3.29

About Nice Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Nice income statement, its balance sheet, and the statement of cash flows. Nice investors use historical funamental indicators, such as Nice's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Nice investors may use each financial statement separately, they are all related. The changes in Nice's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nice'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 Nice Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Nice. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 3.80  2.19 

Nice Investors Sentiment

The influence of Nice's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Nice. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Nice's public news can be used to forecast risks associated with an investment in Nice. The trend in average sentiment can be used to explain how an investor holding Nice can time the market purely based on public headlines and social activities around Nice Ltd ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Nice's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nice's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Nice's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Nice.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nice in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nice's short interest history, or implied volatility extrapolated from Nice options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Nice Ltd ADR is a strong investment it is important to analyze Nice's 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 Nice's future performance. For an informed investment choice regarding Nice Stock, refer to the following important reports:
Check out the analysis of Nice Correlation against competitors.
Note that the Nice Ltd ADR information on this page should be used as a complementary analysis to other Nice's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Nice Stock analysis

When running Nice's price analysis, check to measure Nice'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 Nice is operating at the current time. Most of Nice's value examination focuses on studying past and present price action to predict the probability of Nice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nice's price. Additionally, you may evaluate how the addition of Nice to your portfolios can decrease your overall portfolio volatility.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Is Nice's industry 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 Nice. If investors know Nice 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 Nice 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
0.168
Earnings Share
5.1
Revenue Per Share
1.4955
Quarterly Revenue Growth
0.096
Return On Assets
0.054
The market value of Nice Ltd ADR is measured differently than its book value, which is the value of Nice that is recorded on the company's balance sheet. Investors also form their own opinion of Nice's value that differs from its market value or its book value, called intrinsic value, which is Nice'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 Nice's market value can be influenced by many factors that don't directly affect Nice'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 Nice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nice'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.