Elektrobit Stock Price To Book
| JOT Stock | EUR 6.04 0.20 3.42% |
ELEKTROBIT fundamentals help investors to digest information that contributes to ELEKTROBIT's financial success or failures. It also enables traders to predict the movement of ELEKTROBIT Stock. The fundamental analysis module provides a way to measure ELEKTROBIT'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 ELEKTROBIT stock.
ELEKTROBIT |
ELEKTROBIT Company Price To Book Analysis
ELEKTROBIT'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 ELEKTROBIT Price To Book | 1.10 X |
Most of ELEKTROBIT'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, ELEKTROBIT 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, ELEKTROBIT has a Price To Book of 1.0981 times. This is much higher than that of the sector and significantly higher than that of the Price To Book industry. The price to book for all Germany stocks is notably lower than that of the firm.
ELEKTROBIT Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ELEKTROBIT'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 ELEKTROBIT could also be used in its relative valuation, which is a method of valuing ELEKTROBIT by comparing valuation metrics of similar companies.ELEKTROBIT is currently under evaluation in price to book category among related companies.
ELEKTROBIT Fundamentals
| Current Valuation | 126.05 M | |||
| Price To Book | 1.10 X | |||
| Price To Sales | 1.43 X | |||
| Total Debt | 20 M | |||
| Market Capitalization | 192.79 M | |||
| Total Asset | 166.15 M | |||
| Z Score | 5.4 | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 166.15 M | |||
| Last Dividend Paid | 0.1 |
About ELEKTROBIT Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ELEKTROBIT's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ELEKTROBIT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ELEKTROBIT 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 ELEKTROBIT 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, ELEKTROBIT's short interest history, or implied volatility extrapolated from ELEKTROBIT options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ELEKTROBIT. 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for ELEKTROBIT Stock analysis
When running ELEKTROBIT's price analysis, check to measure ELEKTROBIT'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 ELEKTROBIT is operating at the current time. Most of ELEKTROBIT's value examination focuses on studying past and present price action to predict the probability of ELEKTROBIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ELEKTROBIT's price. Additionally, you may evaluate how the addition of ELEKTROBIT to your portfolios can decrease your overall portfolio volatility.
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