32id Stock Price To Book
| 32ID Stock | 105.00 1.09 1.05% |
Fundamental analysis of 32ID allows traders to better anticipate movements in 32ID's stock price by examining its financial health and performance throughout various phases of its business cycle.
32ID |
32ID Company Price To Book Analysis
32ID'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.
Based on the latest financial disclosure, 32ID 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 Price To Book (which currently averages 0.0) industry. This indicator is about the same for all United Kingdom stocks average (which is currently at 0.0).
32ID Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 32ID'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 32ID could also be used in its relative valuation, which is a method of valuing 32ID by comparing valuation metrics of similar companies.32ID is currently under evaluation in price to book category among its peers.
About 32ID Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 32ID's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 32ID using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 32ID 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.
Also Currently Popular
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.Additional Tools for 32ID Stock Analysis
When running 32ID's price analysis, check to measure 32ID'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 32ID is operating at the current time. Most of 32ID's value examination focuses on studying past and present price action to predict the probability of 32ID's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 32ID's price. Additionally, you may evaluate how the addition of 32ID to your portfolios can decrease your overall portfolio volatility.