Filter Stocks by Fundamentals
Asset symbol is not found or was delisted
Indicator Description
Price to Book In A Nutshell
As with many ratios that pertain to the fundamental aspect of a company, the lower the ratio is could be there is value to be had. However, you need to be aware because a lower price to book ratio could also be an indication there is a fundamental issue at hand that needs to be addressed.
Price to Book is a widely used ratio and is used to compare market value to book value, giving you a ratio that can be compared against others in the industry. Learning the different ratios that look at the fundamental health of a company is key, because they are used in various reports.
Closer Look at Price to Book
The first part of the equation is market price and this can be looked at in just about any manner. Market price could just be simply left at that while you figure this equation, but if you know the market price is down you can figure out why and that can help you in understand this ratio better. The second value of the equation is book value and that is straight forward. It is important to know how an equation works because if something seems off, you need to be able to pick it apart and find out why.
With that, be sure to begin implementing this new study into your current setup slowly and see if it brings you value. Search the Internet and see how other people are using this and find ways to have it bring more value. Also, join an investing or trading community, as this is one of the best ways to get real time feedback and converse with people who are actively participating in the market. Lastly, if you have hired an investing professional, consult with them and they would be more than happy to walk with you through an explanation and example. Price to book is a wonderful data point to help guide you in the right direction and it should certainly be added the toolbox of your investing knowledge.
Other Suggestions
| 0P0000A412 | Franklin Opportunities | Fund |
| 00182EBM0 | ANZNZ 255 13 FEB 30 | Corporate Bond |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Explore Investing Ideas
You can quickly originate your optimal portfoio using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did you try this?
Run Bond Analysis Now
Bond AnalysisEvaluate and analyze corporate bonds as a potential investment for your portfolios. |
| All Next | Launch Module |
Other Complementary Tools
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |