Tema Monopolies And Etf Price To Book
TOLL Etf | 34.82 0.00 0.00% |
Fundamental analysis of Tema Monopolies allows traders to better anticipate movements in Tema Monopolies' stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Tema Monopolies and ETF Price To Book Analysis
Tema Monopolies' 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.
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Based on the latest financial disclosure, Tema Monopolies and has a Price To Book of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Large Blend (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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About Tema Monopolies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tema Monopolies and's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tema Monopolies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tema Monopolies and based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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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The market value of Tema Monopolies is measured differently than its book value, which is the value of Tema that is recorded on the company's balance sheet. Investors also form their own opinion of Tema Monopolies' value that differs from its market value or its book value, called intrinsic value, which is Tema Monopolies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tema Monopolies' market value can be influenced by many factors that don't directly affect Tema Monopolies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tema Monopolies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tema Monopolies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tema Monopolies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.