Goldgroup Mining Inc Stock Price To Book
| 55G0 Stock | 0.67 0.04 6.35% |
Fundamental analysis of GOLDGROUP MINING allows traders to better anticipate movements in GOLDGROUP MINING's stock price by examining its financial health and performance throughout various phases of its business cycle.
GOLDGROUP |
GOLDGROUP MINING INC Company Price To Book Analysis
GOLDGROUP MINING'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.
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, GOLDGROUP MINING INC has a Price To Book of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Gold (which currently averages 0.0) industry. This indicator is about the same for all Germany stocks average (which is currently at 0.0).
GOLDGROUP Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses GOLDGROUP MINING'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 GOLDGROUP MINING could also be used in its relative valuation, which is a method of valuing GOLDGROUP MINING by comparing valuation metrics of similar companies.GOLDGROUP MINING is currently under evaluation in price to book category among its peers.
About GOLDGROUP MINING Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze GOLDGROUP MINING INC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GOLDGROUP MINING using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GOLDGROUP MINING INC 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.
Currently Active Assets on Macroaxis
| USOI | Credit Suisse X Links | |
| ULTY | Tidal Trust II | |
| CONY | YieldMax N Option | |
| BCAT | BlackRock Capital Allocation | |
| PDI | Pimco Dynamic Income |
Other Information on Investing in GOLDGROUP Stock
GOLDGROUP MINING financial ratios help investors to determine whether GOLDGROUP Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in GOLDGROUP with respect to the benefits of owning GOLDGROUP MINING security.