Ideanomics Price to Book Value from 2010 to 2023

IDEX Stock  USD 0.12  0.01  9.09%   
Ideanomics Price to Book Value yearly trend continues to be fairly stable with very little volatility. Price to Book Value is likely to outpace its year average in 2023. During the period from 2010 to 2023, Ideanomics Price to Book Value regression line of anual values had r-squared of 0.1 and arithmetic mean of  6.06. Ideanomics Gross Profit is fairly stable at the moment as compared to the past year. Ideanomics reported Gross Profit of 26.71 Million in 2022. Interest Expense is likely to rise to about 2.9 M in 2023, whereas Direct Expenses is likely to drop slightly above 66.2 M in 2023.
  
Check Ideanomics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ideanomics main balance sheet or income statement drivers, such as Direct Expenses of 66.2 M, Cost of Revenue of 94.2 M or Gross Profit of 28.8 M, as well as many exotic indicators such as Long Term Debt to Equity of 0.26, PPandE Turnover of 16.23 or Receivables Turnover of 4.06. Ideanomics financial statements analysis is a perfect complement when working with Ideanomics Valuation or Volatility modules. It can also supplement Ideanomics' financial leverage analysis and stock options assessment as well as various Ideanomics Technical models . Check out the analysis of Ideanomics Correlation against competitors. For more information on how to buy Ideanomics Stock please use our How to Invest in Ideanomics guide.

Ideanomics Quarterly Price to Book Value

0.515

Ideanomics Price to Book Value Breakdown

Showing smoothed Price to Book Value of Ideanomics with missing and latest data points interpolated. Measures the ratio between Market Capitalization and [EquityUSD].Ideanomics' Price to Book Value historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ideanomics' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.44 X10 Years Trend
Down
Slightly volatile
   Price to Book Value   
       Timeline  

Ideanomics Price to Book Value Regression Statistics

Arithmetic Mean6.06
Geometric Mean3.50
Coefficient Of Variation171.05
Mean Deviation5.51
Median3.41
Standard Deviation10.37
Sample Variance107.58
Range39.95
R-Value(0.31)
Mean Square Error105.32
R-Squared0.1
Significance0.28
Slope(0.77)
Total Sum of Squares1,399

Ideanomics Price to Book Value History

2023 1.52
2022 1.48
2021 1.65
2020 2.59
2019 3.41
2018 2.77
2017 9.25
2016 1.47
2015 4.26
2014 2.72
2013 41.42

About Ideanomics Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Ideanomics income statement, its balance sheet, and the statement of cash flows. Ideanomics investors use historical funamental indicators, such as Ideanomics's Price to Book Value, to determine how well the company is positioned to perform in the future. Although Ideanomics investors may use each financial statement separately, they are all related. The changes in Ideanomics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ideanomics'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 Ideanomics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ideanomics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Price to Book Value 1.48  1.52 
Enterprise Value401.9 M433.6 M
Tangible Asset Value476.9 M514.6 M

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Check out the analysis of Ideanomics Correlation against competitors. For more information on how to buy Ideanomics Stock please use our How to Invest in Ideanomics guide. Note that the Ideanomics information on this page should be used as a complementary analysis to other Ideanomics' 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

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Is Ideanomics' 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 Ideanomics. If investors know Ideanomics 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 Ideanomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.64) 
Revenue Per Share
0.225
Quarterly Revenue Growth
(0.09) 
Return On Assets
(0.19) 
Return On Equity
(0.73) 
The market value of Ideanomics is measured differently than its book value, which is the value of Ideanomics that is recorded on the company's balance sheet. Investors also form their own opinion of Ideanomics' value that differs from its market value or its book value, called intrinsic value, which is Ideanomics' 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 Ideanomics' market value can be influenced by many factors that don't directly affect Ideanomics' 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 Ideanomics' value and its price as these two are different measures arrived at by different means. Investors typically determine Ideanomics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ideanomics' 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.