Ziga Innovation Public Stock Price To Earning
| ZIGA Stock | THB 2.50 0.04 1.57% |
Ziga Innovation Public fundamentals help investors to digest information that contributes to Ziga Innovation's financial success or failures. It also enables traders to predict the movement of Ziga Stock. The fundamental analysis module provides a way to measure Ziga Innovation'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 Ziga Innovation stock.
Ziga |
Ziga Innovation Public Company Price To Earning Analysis
Ziga Innovation's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Ziga Innovation Price To Earning | 26.35 X |
Most of Ziga Innovation's fundamental indicators, such as Price To Earning, 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, Ziga Innovation Public is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Ziga Innovation Public has a Price To Earning of 26.35 times. This is 33.15% higher than that of the Industrials sector and 28.72% higher than that of the Metal Fabrication industry. The price to earning for all Thailand stocks is 8.25% higher than that of the company.
Ziga Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ziga Innovation's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ziga Innovation could also be used in its relative valuation, which is a method of valuing Ziga Innovation by comparing valuation metrics of similar companies.Ziga Innovation is currently under evaluation in price to earning category among related companies.
Ziga Fundamentals
| Return On Equity | -0.0562 | |||
| Return On Asset | -0.011 | |||
| Profit Margin | (0.05) % | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 2.96 B | |||
| Shares Outstanding | 706.26 M | |||
| Shares Owned By Insiders | 47.29 % | |||
| Shares Owned By Institutions | 0.01 % | |||
| Price To Earning | 26.35 X | |||
| Price To Book | 2.54 X | |||
| Price To Sales | 2.04 X | |||
| Revenue | 1.14 B | |||
| Gross Profit | 285.83 M | |||
| EBITDA | 292.37 M | |||
| Net Income | 204.23 M | |||
| Cash And Equivalents | 138.63 M | |||
| Cash Per Share | 0.27 X | |||
| Total Debt | 141.25 M | |||
| Debt To Equity | 41.40 % | |||
| Current Ratio | 1.63 X | |||
| Book Value Per Share | 1.42 X | |||
| Cash Flow From Operations | (55.38 M) | |||
| Earnings Per Share | 0.18 X | |||
| Beta | 0.49 | |||
| Market Capitalization | 2.51 B | |||
| Total Asset | 1.81 B | |||
| Z Score | 10.2 | |||
| Annual Yield | 0.06 % | |||
| Net Asset | 1.81 B |
About Ziga Innovation Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ziga Innovation Public's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ziga Innovation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ziga Innovation Public 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 Ziga Innovation 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, Ziga Innovation's short interest history, or implied volatility extrapolated from Ziga Innovation options trading.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ziga Innovation Public. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Ziga Stock analysis
When running Ziga Innovation's price analysis, check to measure Ziga Innovation'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 Ziga Innovation is operating at the current time. Most of Ziga Innovation's value examination focuses on studying past and present price action to predict the probability of Ziga Innovation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ziga Innovation's price. Additionally, you may evaluate how the addition of Ziga Innovation to your portfolios can decrease your overall portfolio volatility.
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