Shin Hai Gas Stock Price To Book
| 9926 Stock | TWD 55.30 0.10 0.18% |
Shin Hai Gas fundamentals help investors to digest information that contributes to Shin Hai's financial success or failures. It also enables traders to predict the movement of Shin Stock. The fundamental analysis module provides a way to measure Shin Hai's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shin Hai stock.
Shin |
Shin Hai Gas Company Price To Book Analysis
Shin Hai's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Shin Hai Price To Book | 2.64 X |
Most of Shin Hai's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Shin Hai Gas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Shin Hai Gas has a Price To Book of 2.6442 times. This is 57.56% lower than that of the Gas Utilities sector and about the same as Utilities (which currently averages 2.67) industry. The price to book for all Taiwan stocks is 72.2% higher than that of the company.
Shin Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shin Hai's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shin Hai could also be used in its relative valuation, which is a method of valuing Shin Hai by comparing valuation metrics of similar companies.Shin Hai is currently under evaluation in price to book category among related companies.
Shin Fundamentals
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0407 | |||
| Profit Margin | 0.20 % | |||
| Operating Margin | 0.21 % | |||
| Current Valuation | 7.02 B | |||
| Shares Outstanding | 179.5 M | |||
| Shares Owned By Insiders | 51.50 % | |||
| Shares Owned By Institutions | 6.92 % | |||
| Price To Earning | 22.29 X | |||
| Price To Book | 2.64 X | |||
| Price To Sales | 4.14 X | |||
| Revenue | 2.14 B | |||
| Gross Profit | 620.6 M | |||
| EBITDA | 862.52 M | |||
| Net Income | 448.5 M | |||
| Cash And Equivalents | 1.76 B | |||
| Cash Per Share | 9.78 X | |||
| Total Debt | 4.03 M | |||
| Debt To Equity | 0.10 % | |||
| Current Ratio | 2.16 X | |||
| Book Value Per Share | 19.29 X | |||
| Cash Flow From Operations | 883.07 M | |||
| Earnings Per Share | 2.52 X | |||
| Number Of Employees | 21 | |||
| Beta | 0.16 | |||
| Market Capitalization | 9.37 B | |||
| Total Asset | 7.42 B | |||
| Retained Earnings | 658 M | |||
| Working Capital | 1 B | |||
| Current Asset | 2.2 B | |||
| Current Liabilities | 1.2 B | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 3.31 % | |||
| Net Asset | 7.42 B | |||
| Last Dividend Paid | 2.0 |
About Shin Hai Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Shin Hai Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shin Hai using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shin Hai Gas based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shin Hai Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Shin Stock analysis
When running Shin Hai's price analysis, check to measure Shin Hai's 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 Shin Hai is operating at the current time. Most of Shin Hai's value examination focuses on studying past and present price action to predict the probability of Shin Hai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Hai's price. Additionally, you may evaluate how the addition of Shin Hai to your portfolios can decrease your overall portfolio volatility.
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