Perrigo Return On Tangible Assets from 2010 to 2024

PRGO Stock  USD 31.94  0.67  2.14%   
Perrigo Company Return On Tangible Assets yearly trend continues to be very stable with very little volatility. Return On Tangible Assets are likely to grow to -0.0028 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)
Current Value
(0)
Quarterly Volatility
0.22907523
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Perrigo Company financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Perrigo main balance sheet or income statement drivers, such as Depreciation And Amortization of 181.6 M, Interest Expense of 182.5 M or Total Revenue of 2.7 B, as well as many exotic indicators such as Price To Sales Ratio of 0.89, Dividend Yield of 0.0361 or PTB Ratio of 0.87. Perrigo financial statements analysis is a perfect complement when working with Perrigo Company Valuation or Volatility modules.
  
This module can also supplement Perrigo Company's financial leverage analysis and stock options assessment as well as various Perrigo Company Technical models . Check out the analysis of Perrigo Company Correlation against competitors.

Latest Perrigo Company's Return On Tangible Assets Growth Pattern

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

Perrigo Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.08)
Coefficient Of Variation(305.25)
Mean Deviation0.15
Median0.03
Standard Deviation0.23
Sample Variance0.05
Range0.6708
R-Value0.06
Mean Square Error0.06
R-Squared0
Significance0.83
Slope0
Total Sum of Squares0.73

Perrigo Return On Tangible Assets History

2024 -0.00281
2023 -0.002958
2022 -0.0309
2021 -0.0248
2020 -0.0344
2019 0.0348
2018 0.032

About Perrigo Company Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Perrigo Company income statement, its balance sheet, and the statement of cash flows. Perrigo Company investors use historical funamental indicators, such as Perrigo Company's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Perrigo Company investors may use each financial statement separately, they are all related. The changes in Perrigo Company's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Perrigo Company'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 Perrigo Company Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Perrigo Company. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0)(0)

Perrigo Company Investors Sentiment

The influence of Perrigo Company'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 Perrigo. 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 Perrigo Company's public news can be used to forecast risks associated with an investment in Perrigo. The trend in average sentiment can be used to explain how an investor holding Perrigo can time the market purely based on public headlines and social activities around Perrigo Company PLC. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Perrigo Company'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 Perrigo Company'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 Perrigo Company's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Perrigo Company.
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 Perrigo Company 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, Perrigo Company's short interest history, or implied volatility extrapolated from Perrigo Company options trading.

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When determining whether Perrigo Company offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Perrigo Company'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 Perrigo Company Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Perrigo Company Plc Stock:
Check out the analysis of Perrigo Company Correlation against competitors.
Note that the Perrigo Company information on this page should be used as a complementary analysis to other Perrigo Company'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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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Is Perrigo Company'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 Perrigo Company. If investors know Perrigo 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 Perrigo Company 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
(0.64)
Dividend Share
1.092
Earnings Share
(0.03)
Revenue Per Share
34.409
Quarterly Revenue Growth
0.001
The market value of Perrigo Company is measured differently than its book value, which is the value of Perrigo that is recorded on the company's balance sheet. Investors also form their own opinion of Perrigo Company's value that differs from its market value or its book value, called intrinsic value, which is Perrigo Company'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 Perrigo Company's market value can be influenced by many factors that don't directly affect Perrigo Company'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 Perrigo Company's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perrigo Company is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perrigo Company'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.