Cenntro Electric Group Stock Price To Book
| CENN Stock | USD 1.46 0.02 1.39% |
Cenntro Electric Group fundamentals help investors to digest information that contributes to Cenntro Electric's financial success or failures. It also enables traders to predict the movement of Cenntro Stock. The fundamental analysis module provides a way to measure Cenntro Electric'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 Cenntro Electric stock.
As of the 4th of May 2024, Price To Book Ratio is likely to drop to 0.34. Cenntro | Price To Book |
Cenntro Electric Group Company Price To Book Analysis
Cenntro Electric'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 Cenntro Electric Price To Book | 0.38 X |
Most of Cenntro Electric'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, Cenntro Electric Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cenntro Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Cenntro Electric is extremely important. It helps to project a fair market value of Cenntro Stock properly, considering its historical fundamentals such as Price To Book. Since Cenntro Electric's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cenntro Electric's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cenntro Electric's interrelated accounts and indicators.
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Cenntro Price To Book Historical Pattern
Today, most investors in Cenntro Electric Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cenntro Electric's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Cenntro Electric price to book as a starting point in their analysis.
Cenntro Electric Price To Book |
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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.
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Cenntro Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Cenntro Electric Group has a Price To Book of 0.3794 times. This is 94.13% lower than that of the Automobile Components sector and 97.48% lower than that of the Consumer Discretionary industry. The price to book for all United States stocks is 96.01% higher than that of the company.
Cenntro Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cenntro Electric'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 Cenntro Electric could also be used in its relative valuation, which is a method of valuing Cenntro Electric by comparing valuation metrics of similar companies.Cenntro Electric is currently under evaluation in price to book category among related companies.
Cenntro Fundamentals
| Return On Equity | -0.37 | |||
| Return On Asset | -0.14 | |||
| Profit Margin | (2.45) % | |||
| Operating Margin | (1.58) % | |||
| Current Valuation | 41.82 M | |||
| Shares Outstanding | 30.83 M | |||
| Shares Owned By Insiders | 28.63 % | |||
| Shares Owned By Institutions | 1.00 % | |||
| Number Of Shares Shorted | 1.13 M | |||
| Price To Book | 0.38 X | |||
| Price To Sales | 2.09 X | |||
| Revenue | 22.08 M | |||
| Gross Profit | 1.5 M | |||
| EBITDA | (43.68 M) | |||
| Net Income | (54.2 M) | |||
| Cash And Equivalents | 182.97 M | |||
| Cash Per Share | 0.70 X | |||
| Total Debt | 31.14 M | |||
| Debt To Equity | 0.04 % | |||
| Current Ratio | 13.94 X | |||
| Book Value Per Share | 3.95 X | |||
| Cash Flow From Operations | (58.46 M) | |||
| Short Ratio | 6.56 X | |||
| Earnings Per Share | (1.78) X | |||
| Number Of Employees | 315 | |||
| Beta | 2.68 | |||
| Market Capitalization | 44.39 M | |||
| Total Asset | 185.54 M | |||
| Retained Earnings | (274.02 M) | |||
| Working Capital | 132.76 M | |||
| Net Asset | 185.54 M |
About Cenntro Electric Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cenntro Electric Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cenntro Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cenntro Electric Group 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.
When determining whether Cenntro Electric offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cenntro Electric's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cenntro Electric Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cenntro Electric Group Stock: Check out Cenntro Electric Piotroski F Score and Cenntro Electric Altman Z Score analysis. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Cenntro Stock analysis
When running Cenntro Electric's price analysis, check to measure Cenntro Electric'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 Cenntro Electric is operating at the current time. Most of Cenntro Electric's value examination focuses on studying past and present price action to predict the probability of Cenntro Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cenntro Electric's price. Additionally, you may evaluate how the addition of Cenntro Electric to your portfolios can decrease your overall portfolio volatility.
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Is Cenntro Electric's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cenntro Electric. If investors know Cenntro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cenntro Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.78) | Revenue Per Share 0.726 | Quarterly Revenue Growth 3.757 | Return On Assets (0.14) | Return On Equity (0.37) |
The market value of Cenntro Electric is measured differently than its book value, which is the value of Cenntro that is recorded on the company's balance sheet. Investors also form their own opinion of Cenntro Electric's value that differs from its market value or its book value, called intrinsic value, which is Cenntro Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cenntro Electric's market value can be influenced by many factors that don't directly affect Cenntro Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cenntro Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cenntro Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenntro Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.