Preformed Return On Assets from 2010 to 2024

PLPC Stock  USD 125.13  3.95  3.06%   
Preformed Line's Return On Assets are increasing over the years with slightly volatile fluctuation. Overall, Return On Assets are expected to go to 0.11 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Preformed Line Products earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.1050019
Current Value
0.11
Quarterly Volatility
0.02699524
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Preformed Line financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Preformed main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.2 M, Interest Expense of 4.1 M or Selling General Administrative of 51.2 M, as well as many exotic indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.0059 or PTB Ratio of 1.46. Preformed financial statements analysis is a perfect complement when working with Preformed Line Valuation or Volatility modules.
  
This module can also supplement various Preformed Line Technical models . Check out the analysis of Preformed Line Correlation against competitors.

Latest Preformed Line's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Preformed Line Products over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Preformed Line's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Preformed Line's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Preformed Return On Assets Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.06
Coefficient Of Variation39.61
Mean Deviation0.02
Median0.06
Standard Deviation0.03
Sample Variance0.0007
Range0.0894
R-Value0.38
Mean Square Error0.0007
R-Squared0.14
Significance0.16
Slope0
Total Sum of Squares0.01

Preformed Return On Assets History

2023 0.11
2022 0.0957
2021 0.0731
2020 0.0646
2019 0.0537
2018 0.0741
2017 0.0352

About Preformed Line Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Preformed Line income statement, its balance sheet, and the statement of cash flows. Preformed Line investors use historical funamental indicators, such as Preformed Line's Return On Assets, to determine how well the company is positioned to perform in the future. Although Preformed Line investors may use each financial statement separately, they are all related. The changes in Preformed Line's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Preformed Line'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 Preformed Line Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Preformed Line. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.11  0.11 

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When determining whether Preformed Line Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Preformed Line'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 Preformed Line Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Preformed Line Products Stock:
Check out the analysis of Preformed Line Correlation against competitors.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Preformed Stock analysis

When running Preformed Line's price analysis, check to measure Preformed Line'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 Preformed Line is operating at the current time. Most of Preformed Line's value examination focuses on studying past and present price action to predict the probability of Preformed Line's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Preformed Line's price. Additionally, you may evaluate how the addition of Preformed Line to your portfolios can decrease your overall portfolio volatility.
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Is Preformed Line'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 Preformed Line. If investors know Preformed 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 Preformed Line 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
(0.55)
Dividend Share
0.8
Earnings Share
10.34
Revenue Per Share
127.94
Quarterly Revenue Growth
(0.23)
The market value of Preformed Line Products is measured differently than its book value, which is the value of Preformed that is recorded on the company's balance sheet. Investors also form their own opinion of Preformed Line's value that differs from its market value or its book value, called intrinsic value, which is Preformed Line'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 Preformed Line's market value can be influenced by many factors that don't directly affect Preformed Line'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 Preformed Line's value and its price as these two are different measures arrived at by different means. Investors typically determine if Preformed Line is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Preformed Line'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.