Trxade Group Stock Book Value Per Share

MEDS Stock  USD 6.29  0.28  4.66%   
Trxade Group fundamentals help investors to digest information that contributes to Trxade's financial success or failures. It also enables traders to predict the movement of Trxade Stock. The fundamental analysis module provides a way to measure Trxade'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 Trxade stock.
Last ReportedProjected for Next Year
Book Value Per Share 0.71  0.75 
Tangible Book Value Per Share(11.02)(11.57)
Book Value Per Share is likely to gain to 0.75 in 2024, whereas Tangible Book Value Per Share is likely to drop (11.57) in 2024.
  
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Trxade Group Company Book Value Per Share Analysis

Trxade's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Trxade Book Value Per Share

    
  0.60 X  
Most of Trxade's fundamental indicators, such as Book Value Per Share, 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, Trxade Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Trxade Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Trxade is extremely important. It helps to project a fair market value of Trxade Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Trxade'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 Trxade'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 Trxade's interrelated accounts and indicators.
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Click cells to compare fundamentals
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

Trxade Common Stock Shares Outstanding

Common Stock Shares Outstanding

2.5 Million

At this time, Trxade's Common Stock Shares Outstanding is comparatively stable compared to the past year.
In accordance with the recently published financial statements, the book value per share of Trxade Group is about 0.599 times. This is 135.24% lower than that of the Consumer Staples Distribution & Retail sector and significantly higher than that of the Consumer Staples industry. The book value per share for all United States stocks is 99.97% higher than that of the company.

Trxade Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Trxade's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Trxade could also be used in its relative valuation, which is a method of valuing Trxade by comparing valuation metrics of similar companies.
Trxade is currently under evaluation in book value per share category among related companies.

Trxade Fundamentals

About Trxade Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Trxade Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Trxade using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Trxade 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.
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 Trxade 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, Trxade's short interest history, or implied volatility extrapolated from Trxade options trading.

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When determining whether Trxade Group is a strong investment it is important to analyze Trxade's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Trxade's future performance. For an informed investment choice regarding Trxade Stock, refer to the following important reports:
Check out Trxade Piotroski F Score and Trxade Altman Z Score analysis.
Note that the Trxade Group information on this page should be used as a complementary analysis to other Trxade'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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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When running Trxade's price analysis, check to measure Trxade'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 Trxade is operating at the current time. Most of Trxade's value examination focuses on studying past and present price action to predict the probability of Trxade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trxade's price. Additionally, you may evaluate how the addition of Trxade to your portfolios can decrease your overall portfolio volatility.
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Is Trxade'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 Trxade. If investors know Trxade 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 Trxade listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.766
Earnings Share
(17.96)
Revenue Per Share
10.827
Quarterly Revenue Growth
0.043
Return On Assets
(0.56)
The market value of Trxade Group is measured differently than its book value, which is the value of Trxade that is recorded on the company's balance sheet. Investors also form their own opinion of Trxade's value that differs from its market value or its book value, called intrinsic value, which is Trxade'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 Trxade's market value can be influenced by many factors that don't directly affect Trxade'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 Trxade's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trxade is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trxade'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.