Footway Group Ab Stock Price To Book

FOOT-B Stock  SEK 0.93  0.09  10.71%   
Footway Group AB fundamentals help investors to digest information that contributes to Footway Group's financial success or failures. It also enables traders to predict the movement of Footway Stock. The fundamental analysis module provides a way to measure Footway Group'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 Footway Group stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Footway Group AB Company Price To Book Analysis

Footway Group'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.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Footway Group Price To Book

    
  0.43 X  
Most of Footway Group'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, Footway Group AB 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, Footway Group AB has a Price To Book of 0.4316 times. This is 93.32% lower than that of the Consumer Cyclical sector and significantly higher than that of the Internet Retail industry. The price to book for all Sweden stocks is 95.46% higher than that of the company.

Footway Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Footway Group'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 Footway Group could also be used in its relative valuation, which is a method of valuing Footway Group by comparing valuation metrics of similar companies.
Footway Group is currently under evaluation in price to book category among related companies.

Footway Fundamentals

About Footway Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Footway Group AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Footway Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Footway Group AB 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Footway Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Footway Group's short interest history, or implied volatility extrapolated from Footway Group options trading.

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Footway Group AB. 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Footway Group's price analysis, check to measure Footway Group'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 Footway Group is operating at the current time. Most of Footway Group's value examination focuses on studying past and present price action to predict the probability of Footway Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Footway Group's price. Additionally, you may evaluate how the addition of Footway Group to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Footway Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Footway Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Footway Group'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.