Plastec Technologies Stock Price To Book
PLTYF Stock | USD 0.02 0.00 0.00% |
Fundamental analysis of Plastec Technologies allows traders to better anticipate movements in Plastec Technologies' stock price by examining its financial health and performance throughout various phases of its business cycle.
Plastec |
Plastec Technologies Company Price To Book Analysis
Plastec Technologies' 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 Plastec Technologies Price To Book | 2.39 X |
Most of Plastec Technologies' 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, Plastec Technologies 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, Plastec Technologies has a Price To Book of 2.3888 times. This is 47.84% lower than that of the Chemicals sector and significantly higher than that of the Materials industry. The price to book for all United States stocks is 74.88% higher than that of the company.
Plastec Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Plastec Technologies' direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Plastec Technologies could also be used in its relative valuation, which is a method of valuing Plastec Technologies by comparing valuation metrics of similar companies.Plastec Technologies is currently under evaluation in price to book category among its peers.
Plastec Fundamentals
Return On Equity | -0.0251 | |||
Return On Asset | -0.0113 | |||
Current Valuation | 14.66 M | |||
Shares Outstanding | 12.94 M | |||
Shares Owned By Insiders | 88.04 % | |||
Price To Earning | 12.40 X | |||
Price To Book | 2.39 X | |||
EBITDA | (1.99 M) | |||
Net Income | (3 M) | |||
Cash And Equivalents | 100.67 M | |||
Cash Per Share | 7.78 X | |||
Debt To Equity | 0.02 % | |||
Current Ratio | 8.01 X | |||
Book Value Per Share | 6.84 X | |||
Cash Flow From Operations | (3.23 M) | |||
Earnings Per Share | (0.03) X | |||
Beta | -0.19 | |||
Market Capitalization | 27.04 M | |||
Total Asset | 102.3 M | |||
Retained Earnings | 117.02 M | |||
Working Capital | 73.85 M | |||
Current Asset | 120.58 M | |||
Current Liabilities | 46.73 M | |||
Z Score | 1.4 | |||
Annual Yield | 0.59 % | |||
Net Asset | 102.3 M |
About Plastec Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Plastec Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Plastec Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Plastec Technologies 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 Plastec Pink Sheet
Plastec Technologies financial ratios help investors to determine whether Plastec Pink Sheet 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 Plastec with respect to the benefits of owning Plastec Technologies security.