Plum Effective Tax Rate from 2010 to 2024

PLMJ Stock   11.10  0.04  0.36%   
Plum Acquisition Effective Tax Rate yearly trend continues to be relatively stable with very little volatility. The value of Effective Tax Rate is projected to decrease to -0.02. During the period from 2010 to 2024, Plum Acquisition Effective Tax Rate yarly data series regression line had standard deviation of  0.17 and range of 0.4743. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
(0.02)
Current Value
(0.02)
Quarterly Volatility
0.16598514
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Plum Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Plum Acquisition's main balance sheet or income statement drivers, such as Depreciation And Amortization of 168.8 K, Other Operating Expenses of 1.6 M or EBIT of 7.1 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.26. Plum financial statements analysis is a perfect complement when working with Plum Acquisition Valuation or Volatility modules.
  
Check out the analysis of Plum Acquisition Correlation against competitors.

Latest Plum Acquisition's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Plum Acquisition Corp over the last few years. Effective Tax Rate is the average rate at which Plum Acquisition Corp pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Plum Acquisition total tax expenses by Plum Acquisition earnings before taxes. It is Plum Acquisition's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Plum Acquisition's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

Plum Effective Tax Rate Regression Statistics

Arithmetic Mean(0.42)
Coefficient Of Variation(39.10)
Mean Deviation0.11
Median(0.49)
Standard Deviation0.17
Sample Variance0.03
Range0.4743
R-Value0.61
Mean Square Error0.02
R-Squared0.37
Significance0.02
Slope0.02
Total Sum of Squares0.39

Plum Effective Tax Rate History

2024 -0.0169
2023 -0.0161
2022 -0.45

About Plum Acquisition Financial Statements

Investors use fundamental indicators, such as Plum Acquisition's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Plum Acquisition's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Effective Tax Rate(0.02)(0.02)

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When determining whether Plum Acquisition Corp is a strong investment it is important to analyze Plum Acquisition'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 Plum Acquisition's future performance. For an informed investment choice regarding Plum Stock, refer to the following important reports:
Check out the analysis of Plum Acquisition Correlation against competitors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Financial Services space 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 Plum Acquisition. If investors know Plum 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 Plum Acquisition 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
(0.63)
Earnings Share
0.19
Return On Assets
(0)
The market value of Plum Acquisition Corp is measured differently than its book value, which is the value of Plum that is recorded on the company's balance sheet. Investors also form their own opinion of Plum Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Plum Acquisition'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 Plum Acquisition's market value can be influenced by many factors that don't directly affect Plum Acquisition'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 Plum Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plum Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plum Acquisition'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.