# Value Line (Value Line) Tax Rate % : 23.87% (As of Jan. 2024)

View and export this data going back to 1983. Start your Free Trial

## What is Value Line Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Value Line's Tax Expense for the three months ended in Jan. 2024 was \$1.85 Mil. Value Line's Pre-Tax Income for the three months ended in Jan. 2024 was \$7.73 Mil. Therefore, Value Line's Tax Rate % for the quarter that ended in Jan. 2024 was 23.87%.

## Value Line Tax Rate % Historical Data

The historical data trend for Value Line's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

### Value Line Tax Rate % Chart

Value Line Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Tax Rate %
Get a 7-Day Free Trial 26.38 27.64 23.11 22.25 24.00

 Value Line Quarterly Data Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Tax Rate % Get a 7-Day Free Trial 24.15 23.47 23.59 24.01 23.87

## Value Line Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Value Line's Tax Rate % for the fiscal year that ended in Apr. 2023 is calculated as

 Tax Rate % = Tax Expense (A: Apr. 2023 ) / Pre-Tax Income (A: Apr. 2023 ) = 5.706 / 23.775 = 24.00 %

Value Line's Tax Rate % for the quarter that ended in Jan. 2024 is calculated as

 Tax Rate % = Tax Expense (Q: Jan. 2024 ) / Pre-Tax Income (Q: Jan. 2024 ) = 1.845 / 7.73 = 23.87 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

## Value Line Tax Rate % Related Terms

Thank you for viewing the detailed overview of Value Line's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

## Value Line (Value Line) Business Description

Industry
Comparable Companies
N/A
551 Fifth Avenue, 3rd Floor, New York, NY, USA, 10176-0001
Website
Value Line Inc is a U.S based company. It produces investment periodicals based on underlying research and making available copyright data, including ranking system and other information, to third parties under written agreements for use in third-party managed and marketed investment products and for other purposes. The company markets under well-known brands including Value Line, the Value Line logo, The Value Line Investment Survey, Smart Research, Smarter Investing and The Most Trusted Name in Investment Research. Its only operating segment being Publishing.
Executives
 Glenn J. Muenzer director 357 HARVARD COURT, EAST MEADOW NY 11554 Alfred R Fiore director 1 ANGORA ROAD, WESTPORT CT 06880 Howard A Brecher director, officer: Acting Chairman and Acting CEO VALUE LINE 220 E 42ND ST, SUITE 600, NEW YORK NY 10017 Stephen Anastasio officer: Chief Financial Officer 220 E 42ND STREET, NEW YORK NY 10017 William Edward Reed director 12 KNORR STREET, NORWALK CT 06854 Mary Bernstein director 220 E 42ND STREET, NEW YORK NY 10017 Stephen P Davis director 57 EAST 95TH STREET, NEW YORK NY 10128 Thomas Sarkany director, officer: Secretary 220 EAST 42ND STREET, 6TH FLOOR, NEW YORK NY 10017 Robert M. Perkins, director 220 EAST 42ND STREET, 6TH FLOOR, NEW YORK CITY NY 10017 Ruth O. Legon, director 220 EAST 42ND STREET, 6TH FLOOR, NEW YORK CITY NY 10017 Arnold Bernhard & Co Inc 10 percent owner 220 EAST 42ND STREET 6TH FLOOR, NEW YORK NY 10017 Janet Eakman director 220 E 42ND STREET, NEW YORK NY 10017 Mitchell Eric Appel officer: CFO VALUE LINE INC, 220 EAST 42ND STREET 6TH FLOOR, NEW YORK NY 10017 Edward J Shanahan director 220 EAST 42 STREET, NEW YORK NY 10017 Marianne B Asher director

## Value Line (Value Line) Headlines

From GuruFocus

VALUE LINE, INC. ANNOUNCES RENEWAL OF STOCK REPURCHASE PROGRAM

By GuruFocusNews GuruFocusNews 06-30-2022

VALUE LINE, INC. ANNOUNCES RENEWAL OF STOCK REPURCHASE PROGRAM

By GuruFocusNews GuruFocusNews 06-10-2022

VALUE LINE, INC. ANNOUNCES RENEWAL OF STOCK REPURCHASE PROGRAM

By GuruFocusNews GuruFocusNews 05-31-2022

VALUE LINE, INC. ANNOUNCES SECOND QUARTER EARNINGS

By Value_Insider Value_Insider 12-12-2022

VALUE LINE, INC. ANNOUNCES FIRST QUARTER EARNINGS

By GlobeNewswire GlobeNewswire 09-13-2021

VALUE LINE, INC. ANNOUNCES FIRST QUARTER EARNINGS

By Marketwired Marketwired 09-13-2021

VALUE LINE, INC. ANNOUNCES RENEWAL OF STOCK REPURCHASE PROGRAM

By GuruFocusNews GuruFocusNews 06-20-2022