Industrial Commercial Bank Stock Price To Book

IDCBY Stock  USD 15.33  0.23  1.48%   
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Industrial Commercial's long-term financial health and intrinsic value.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Industrial Commercial Bank Company Price To Book Analysis

Industrial Commercial'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.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Industrial Commercial Price To Book

    
  0.37 X  
Most of Industrial Commercial'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, Industrial Commercial Bank 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, Industrial Commercial Bank has a Price To Book of 0.3736 times. This is 91.84% lower than that of the Financial Services sector and significantly higher than that of the Banks—Diversified industry. The price to book for all United States stocks is 96.07% higher than that of the company.

Industrial Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Industrial Commercial's 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 Industrial Commercial could also be used in its relative valuation, which is a method of valuing Industrial Commercial by comparing valuation metrics of similar companies.
Industrial Commercial is currently under evaluation in price to book category among its peers.

Industrial Fundamentals

About Industrial Commercial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Industrial Commercial Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Industrial Commercial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Industrial Commercial Bank 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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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 Industrial Pink Sheet Analysis

When running Industrial Commercial's price analysis, check to measure Industrial Commercial'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 Industrial Commercial is operating at the current time. Most of Industrial Commercial's value examination focuses on studying past and present price action to predict the probability of Industrial Commercial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Industrial Commercial's price. Additionally, you may evaluate how the addition of Industrial Commercial to your portfolios can decrease your overall portfolio volatility.