TROW Tangible Book Value Per Share from 2010 to 2024

TROW Stock  USD 112.08  1.94  1.70%   
T Rowe Tangible Book Value Per Share yearly trend continues to be fairly stable with very little volatility. Tangible Book Value Per Share is likely to outpace its year average in 2024. During the period from 2010 to 2024, T Rowe Tangible Book Value Per Share regression line of quarterly data had r-squared of  0.53 and coefficient of variation of  58.44. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
31.86568496
Current Value
33.46
Quarterly Volatility
11.91873225
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check T Rowe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TROW main balance sheet or income statement drivers, such as Total Revenue of 6.8 B, Gross Profit of 12.9 T or Other Operating Expenses of 5.6 B, as well as many exotic indicators such as Price To Sales Ratio of 3.51, Dividend Yield of 0.0488 or PTB Ratio of 4.97. TROW financial statements analysis is a perfect complement when working with T Rowe Valuation or Volatility modules.
  
This module can also supplement T Rowe's financial leverage analysis and stock options assessment as well as various T Rowe Technical models . Check out the analysis of T Rowe Correlation against competitors.

Latest T Rowe's Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of T Rowe Price over the last few years. It is T Rowe's Tangible Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in T Rowe's overall financial position and show how it may be relating to other accounts over time.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

TROW Tangible Book Value Per Share Regression Statistics

Arithmetic Mean20.39
Coefficient Of Variation58.44
Mean Deviation9.54
Median20.49
Standard Deviation11.92
Sample Variance142.06
Range40.3491
R-Value0.73
Mean Square Error72.16
R-Squared0.53
Significance0
Slope1.94
Total Sum of Squares1,989

TROW Tangible Book Value Per Share History

2024 33.46
2023 31.87
2022 28.38
2021 25.33
2020 37.6
2019 32.1
2018 -2.75

About T Rowe Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include T Rowe income statement, its balance sheet, and the statement of cash flows. T Rowe investors use historical funamental indicators, such as T Rowe's Tangible Book Value Per Share, to determine how well the company is positioned to perform in the future. Although T Rowe investors may use each financial statement separately, they are all related. The changes in T Rowe's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on T Rowe'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 T Rowe Financial Statements. Understanding these patterns can help to make the right decision on long term investment in T Rowe. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tangible Book Value Per Share 31.87  33.46 

Currently Active Assets on Macroaxis

When determining whether T Rowe Price is a strong investment it is important to analyze T Rowe'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 T Rowe's future performance. For an informed investment choice regarding TROW Stock, refer to the following important reports:
Check out the analysis of T Rowe Correlation against competitors.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for TROW Stock analysis

When running T Rowe's price analysis, check to measure T Rowe'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 T Rowe is operating at the current time. Most of T Rowe's value examination focuses on studying past and present price action to predict the probability of T Rowe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T Rowe's price. Additionally, you may evaluate how the addition of T Rowe to your portfolios can decrease your overall portfolio volatility.
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Is T Rowe'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 T Rowe. If investors know TROW 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 T Rowe 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
0.361
Dividend Share
4.9
Earnings Share
8.41
Revenue Per Share
29.804
Quarterly Revenue Growth
0.138
The market value of T Rowe Price is measured differently than its book value, which is the value of TROW that is recorded on the company's balance sheet. Investors also form their own opinion of T Rowe's value that differs from its market value or its book value, called intrinsic value, which is T Rowe'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 T Rowe's market value can be influenced by many factors that don't directly affect T Rowe'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 T Rowe's value and its price as these two are different measures arrived at by different means. Investors typically determine if T Rowe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T Rowe'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.