Compugen Stock Price To Book
CGEN Stock | ILA 721.30 14.10 1.92% |
Compugen fundamentals help investors to digest information that contributes to Compugen's financial success or failures. It also enables traders to predict the movement of Compugen Stock. The fundamental analysis module provides a way to measure Compugen'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 Compugen stock.
Compugen |
Compugen Company Price To Book Analysis
Compugen'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 Compugen Price To Book | 1.13 X |
Most of Compugen'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, Compugen 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.
CompetitionBased on the latest financial disclosure, Compugen has a Price To Book of 1.1262 times. This is 95.61% lower than that of the Healthcare sector and 81.35% lower than that of the Biotechnology industry. The price to book for all Israel stocks is 88.16% higher than that of the company.
Compugen Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Compugen'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 Compugen could also be used in its relative valuation, which is a method of valuing Compugen by comparing valuation metrics of similar companies.Compugen is rated below average in price to book category among related companies.
Compugen Fundamentals
Return On Equity | -0.44 | |||
Return On Asset | -0.23 | |||
Current Valuation | 12.53 M | |||
Shares Outstanding | 86.62 M | |||
Shares Owned By Insiders | 5.50 % | |||
Shares Owned By Institutions | 27.56 % | |||
Price To Book | 1.13 X | |||
Price To Sales | 46.89 X | |||
Revenue | 6 M | |||
Gross Profit | 5.32 M | |||
EBITDA | (35.07 M) | |||
Net Income | (34.2 M) | |||
Cash And Equivalents | 110.41 M | |||
Cash Per Share | 1.32 X | |||
Total Debt | 2.85 M | |||
Debt To Equity | 0.03 % | |||
Current Ratio | 9.60 X | |||
Book Value Per Share | 0.92 X | |||
Cash Flow From Operations | (22.75 M) | |||
Earnings Per Share | (0.40) X | |||
Number Of Employees | 73 | |||
Beta | 2.58 | |||
Market Capitalization | 251.35 M | |||
Total Asset | 132.16 M | |||
Working Capital | 84.14 M | |||
Current Asset | 91 M | |||
Current Liabilities | 6.85 M | |||
Z Score | 52.8 | |||
Net Asset | 132.16 M |
About Compugen Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Compugen's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Compugen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Compugen 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 Compugen
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 Compugen 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 Compugen will appreciate offsetting losses from the drop in the long position's value.Moving against Compugen Stock
0.68 | ARAD | Arad Investment Indu | PairCorr |
0.61 | ISRS | Isras Investment | PairCorr |
The ability to find closely correlated positions to Compugen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compugen 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 Compugen - 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 Compugen to buy it.
The correlation of Compugen 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 Compugen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compugen 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 Compugen 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Compugen Stock analysis
When running Compugen's price analysis, check to measure Compugen'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 Compugen is operating at the current time. Most of Compugen's value examination focuses on studying past and present price action to predict the probability of Compugen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compugen's price. Additionally, you may evaluate how the addition of Compugen to your portfolios can decrease your overall portfolio volatility.
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