Nurminen Logistics Oyj Stock Price To Book

NLG1V Stock  EUR 1.18  0.02  1.67%   
Nurminen Logistics Oyj fundamentals help investors to digest information that contributes to Nurminen Logistics' financial success or failures. It also enables traders to predict the movement of Nurminen Stock. The fundamental analysis module provides a way to measure Nurminen Logistics' 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 Nurminen Logistics 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.

Nurminen Logistics Oyj Company Price To Book Analysis

Nurminen Logistics' 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 Nurminen Logistics Price To Book

    
  3.57 X  
Most of Nurminen Logistics' 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, Nurminen Logistics Oyj 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, Nurminen Logistics Oyj has a Price To Book of 3.5675 times. This is 39.53% lower than that of the Air Freight & Logistics sector and 12.54% higher than that of the Industrials industry. The price to book for all Finland stocks is 62.49% higher than that of the company.

Nurminen Price To Book Peer Comparison

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

Nurminen Fundamentals

About Nurminen Logistics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nurminen Logistics Oyj's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nurminen Logistics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nurminen Logistics Oyj 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.

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nurminen Logistics Oyj. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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