Now Inc Stock Price To Book
DNOW Stock | USD 11.83 0.19 1.63% |
Now Inc fundamentals help investors to digest information that contributes to Now's financial success or failures. It also enables traders to predict the movement of Now Stock. The fundamental analysis module provides a way to measure Now'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 Now stock.
Price To Book Ratio is likely to climb to 1.50 in 2024. Now | Price To Book |
Now Inc Company Price To Book Analysis
Now'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 Now Price To Book | 1.13 X |
Most of Now'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, Now Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Now Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Now is extremely important. It helps to project a fair market value of Now Stock properly, considering its historical fundamentals such as Price To Book. Since Now'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 Now'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 Now's interrelated accounts and indicators.
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Now Price To Book Historical Pattern
Today, most investors in Now Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Now's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Now price to book as a starting point in their analysis.
Now Price To Book |
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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.
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Now Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Now Inc has a Price To Book of 1.1318 times. This is 71.92% lower than that of the Trading Companies & Distributors sector and 76.42% lower than that of the Industrials industry. The price to book for all United States stocks is 88.1% higher than that of the company.
Now Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Now'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 Now could also be used in its relative valuation, which is a method of valuing Now by comparing valuation metrics of similar companies.Now is currently under evaluation in price to book category among its peers.
Now ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Now's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Now's managers, analysts, and investors.Environmental | Governance | Social |
Now Fundamentals
Return On Equity | 0.23 | ||||
Return On Asset | 0.0574 | ||||
Profit Margin | 0.1 % | ||||
Operating Margin | 0.05 % | ||||
Current Valuation | 1.09 B | ||||
Shares Outstanding | 106.47 M | ||||
Shares Owned By Insiders | 1.99 % | ||||
Shares Owned By Institutions | 98.01 % | ||||
Number Of Shares Shorted | 3.4 M | ||||
Price To Earning | 12.79 X | ||||
Price To Book | 1.13 X | ||||
Price To Sales | 0.53 X | ||||
Revenue | 2.32 B | ||||
Gross Profit | 506 M | ||||
EBITDA | 174 M | ||||
Net Income | 243 M | ||||
Cash And Equivalents | 232 M | ||||
Cash Per Share | 2.09 X | ||||
Total Debt | 63 M | ||||
Debt To Equity | 0.03 % | ||||
Current Ratio | 2.38 X | ||||
Book Value Per Share | 10.28 X | ||||
Cash Flow From Operations | 188 M | ||||
Short Ratio | 4.56 X | ||||
Earnings Per Share | 2.06 X | ||||
Target Price | 15.0 | ||||
Number Of Employees | 2.62 K | ||||
Beta | 1.44 | ||||
Market Capitalization | 1.24 B | ||||
Total Asset | 1.53 B | ||||
Retained Earnings | (828 M) | ||||
Working Capital | 650 M | ||||
Current Asset | 1.29 B | ||||
Current Liabilities | 307 M | ||||
Net Asset | 1.53 B |
About Now Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Now Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Now using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Now 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.
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Additional Tools for Now Stock Analysis
When running Now's price analysis, check to measure Now'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 Now is operating at the current time. Most of Now's value examination focuses on studying past and present price action to predict the probability of Now's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Now's price. Additionally, you may evaluate how the addition of Now to your portfolios can decrease your overall portfolio volatility.