Abb Stock Price To Book
| ABLZF Stock | USD 49.20 1.13 2.35% |
ABB fundamentals help investors to digest information that contributes to ABB's financial success or failures. It also enables traders to predict the movement of ABB Pink Sheet. The fundamental analysis module provides a way to measure ABB'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 ABB pink sheet.
ABB |
ABB Company Price To Book Analysis
ABB'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 ABB Price To Book | 5.02 X |
Most of ABB'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, ABB 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, ABB has a Price To Book of 5.0233 times. This is 14.86% lower than that of the Industrials sector and significantly higher than that of the Electrical Equipment & Parts industry. The price to book for all United States stocks is 47.18% higher than that of the company.
ABB Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ABB's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of ABB could also be used in its relative valuation, which is a method of valuing ABB by comparing valuation metrics of similar companies.ABB is currently under evaluation in price to book category among related companies.
ABB Fundamentals
| Return On Equity | 0.18 | |||
| Return On Asset | 0.0543 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 64.42 B | |||
| Shares Outstanding | 1.86 B | |||
| Shares Owned By Insiders | 0.03 % | |||
| Shares Owned By Institutions | 56.13 % | |||
| Price To Earning | 12.53 X | |||
| Price To Book | 5.02 X | |||
| Price To Sales | 1.96 X | |||
| Revenue | 29.45 B | |||
| Gross Profit | 9.71 B | |||
| EBITDA | 4.34 B | |||
| Net Income | 2.48 B | |||
| Cash And Equivalents | 3.16 B | |||
| Cash Per Share | 1.69 X | |||
| Total Debt | 5.14 B | |||
| Debt To Equity | 0.73 % | |||
| Current Ratio | 1.04 X | |||
| Book Value Per Share | 6.85 X | |||
| Cash Flow From Operations | 1.29 B | |||
| Earnings Per Share | 1.32 X | |||
| Price To Earnings To Growth | 0.28 X | |||
| Number Of Employees | 105.13 K | |||
| Beta | 1.05 | |||
| Market Capitalization | 62.93 B | |||
| Total Asset | 39.15 B | |||
| Retained Earnings | 19.5 B | |||
| Working Capital | 6.72 B | |||
| Current Asset | 22.9 B | |||
| Current Liabilities | 16.18 B | |||
| Z Score | 7.2 | |||
| Annual Yield | 0.03 % | |||
| Five Year Return | 3.32 % | |||
| Net Asset | 39.15 B | |||
| Last Dividend Paid | 0.91 |
About ABB Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ABB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ABB using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ABB 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.
Pair Trading with ABB
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ABB position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ABB will appreciate offsetting losses from the drop in the long position's value.Moving together with ABB Pink Sheet
| 0.89 | ABB | ABB Ltd ADR | PairCorr |
| 0.84 | VRT | Vertiv Holdings Trending | PairCorr |
| 0.69 | LGRDY | Legrand SA ADR Earnings Call This Week | PairCorr |
| 0.72 | MIELY | Mitsubishi Electric Corp | PairCorr |
Moving against ABB Pink Sheet
| 0.69 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.57 | 2457 | Phihong Technology | PairCorr |
| 0.54 | TLKMF | Telkom Indonesia Tbk | PairCorr |
The ability to find closely correlated positions to ABB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ABB when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ABB - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ABB to buy it.
The correlation of ABB is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ABB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ABB moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ABB can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the ABB information on this page should be used as a complementary analysis to other ABB's 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 the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for ABB Pink Sheet analysis
When running ABB's price analysis, check to measure ABB'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 ABB is operating at the current time. Most of ABB's value examination focuses on studying past and present price action to predict the probability of ABB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABB's price. Additionally, you may evaluate how the addition of ABB to your portfolios can decrease your overall portfolio volatility.
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