Shore PPandE Turnover Trend from 2010 to 2022

SHBI -  USA Stock  

USD 19.76  0.06  0.30%

Shore Bancshares PPandE Turnover is decreasing over the last several years with slightly volatile swings. PPandE Turnover is estimated to finish at 3.84 this year. During the period from 2010 to 2022 Shore Bancshares PPandE Turnover regressed destribution of quarterly values had coefficient of variationof 18.75 and r-value of (0.72). The current Net Income is estimated to increase to about 15.3 M, while Consolidated Income is projected to decrease to roughly 7.4 M.

Shore Historical Trends 

 
Refresh
Check Shore Bancshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shore main balance sheet or income statement drivers, such as Consolidated Income of 7.4 M, Earning Before Interest and Taxes EBIT of 11.8 M or Gross Profit of 54.2 M, as well as many exotic indicators such as Calculated Tax Rate of 34.71, PPandE Turnover of 3.84 or Accrued Expenses Turnover of 192. Shore financial statements analysis is a perfect complement when working with Shore Bancshares Valuation or Volatility modules. It can also supplement various Shore Bancshares Technical models. Additionally, take a look at the analysis of Shore Bancshares Correlation against competitors.

Shore PPandE Turnover Breakdown

Showing smoothed PPandE Turnover of Shore Bancshares with missing and latest data points interpolated. Shore Bancshares' PPandE Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shore Bancshares' overall financial position and show how it may be relating to other accounts over time.
PPandE Turnover10 Years Trend
Decreasing
Slightly volatile
 PPandE Turnover 
Share
      Timeline 

Shore PPandE Turnover Regression Statistics

Arithmetic Mean 3.62
Geometric Mean 3.56
Coefficient Of Variation 18.75
Mean Deviation 0.53
Median 3.42
Standard Deviation 0.68
Sample Variance 0.46
Range 2.27
R-Value(0.72)
Mean Square Error 0.24
R-Squared 0.52
Significance 0.005272
Slope(0.13)
Total Sum of Squares 5.52

Shore PPandE Turnover History

2011  4.68 
2012  4.06 
2013  3.82 
2014  3.50 
2015  3.28 
2016  3.42 
2017  3.31 
2018  2.84 
2019  3.00 
2020  2.88 
2022  3.84 

About Shore Bancshares Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Shore Bancshares income statement, its balance sheet, and the statement of cash flows. Shore Bancshares investors use historical funamental indicators, such as Shore Bancshares's PPandE Turnover, to determine how well the company is positioned to perform in the future. Although Shore Bancshares investors may use each financial statement separately, they are all related. The changes in Shore Bancshares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Shore Bancshares'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 Shore Bancshares Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Shore Bancshares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
PPandE Turnover 3.31  3.84 
Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank that provides various commercial and consumer banking products and services to individuals, businesses, and other organizations. The company was founded in 1876 and is headquartered in Easton, Maryland. Shore Bancshares operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 287 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Shore Bancshares without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Center Now

   

Portfolio Center

All portfolio management and optimization tools to improve performance of your portfolios
All  Next Launch Module

Currently Active Assets on Macroaxis

Additionally, take a look at the analysis of Shore Bancshares Correlation against competitors. Note that the Shore Bancshares information on this page should be used as a complementary analysis to other Shore Bancshares' 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Shore Stock analysis

When running Shore Bancshares price analysis, check to measure Shore Bancshares' 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 Shore Bancshares is operating at the current time. Most of Shore Bancshares' value examination focuses on studying past and present price action to predict the probability of Shore Bancshares' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Shore Bancshares' price. Additionally, you may evaluate how the addition of Shore Bancshares to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Is Shore Bancshares' 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 Shore Bancshares. If investors know Shore 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 Shore Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Shore Bancshares is measured differently than its book value, which is the value of Shore that is recorded on the company's balance sheet. Investors also form their own opinion of Shore Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Shore Bancshares' 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 Shore Bancshares' market value can be influenced by many factors that don't directly affect Shore Bancshares' 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 Shore Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine Shore Bancshares value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shore Bancshares' 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.