Bank of New York shows prevailing Real Value of $45.57 per share. The current price of the firm is $45.34. At this time the firm appears to be fairly valued. This module approximates value of Bank of New York from analyzing the firm fundamentals such as Profit Margin of
0.23 , Return On Equity of 0.16 and Shares Outstanding of 942.66 M as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.
October 18, 2019
Bank of New York is very steady asset. Calculation of real value of Bank of New York is based on 3 months time horizon. Increasing Bank of New York time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.
Valuation Drivers Correlation
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Bank of New York Market CapBank Of New York Mellon Corpora is rated fourth in market capitalization category among related companies. Market capitalization of Asset Management industry is currently estimated at about 173.97 Billion. Bank of New York totals roughly 43.96 Billion in market capitalization claiming about 25% of stocks in Asset Management industry.
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Bank Of New York Mellon Corpora is rated below average in price to earning category among related companies. It is rated below average in price to book category among related companies fabricating about 0.10 of Price to Book per Price to Earning. The ratio of Price to Earning to Price to Book for Bank Of New York Mellon Corpora is roughly 10.45
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