Qingdao Choho Industrial Stock Price To Book
| 003033 Stock | 26.41 0.48 1.85% |
Qingdao Choho Industrial fundamentals help investors to digest information that contributes to Qingdao Choho's financial success or failures. It also enables traders to predict the movement of Qingdao Stock. The fundamental analysis module provides a way to measure Qingdao Choho'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 Qingdao Choho stock.
Qingdao |
Qingdao Choho Industrial Company Price To Book Analysis
Qingdao Choho'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 Qingdao Choho Price To Book | 1.74 X |
Most of Qingdao Choho'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, Qingdao Choho Industrial 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, Qingdao Choho Industrial has a Price To Book of 1.738 times. This is 73.1% lower than that of the Automobile Components sector and 88.87% lower than that of the Consumer Discretionary industry. The price to book for all China stocks is 81.72% higher than that of the company.
Qingdao Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Qingdao Choho'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 Qingdao Choho could also be used in its relative valuation, which is a method of valuing Qingdao Choho by comparing valuation metrics of similar companies.Qingdao Choho is currently under evaluation in price to book category among its peers.
Qingdao Fundamentals
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0363 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 2.4 B | ||||
| Shares Outstanding | 81.75 M | ||||
| Shares Owned By Insiders | 71.92 % | ||||
| Shares Owned By Institutions | 7.58 % | ||||
| Price To Book | 1.74 X | ||||
| Price To Sales | 1.18 X | ||||
| Revenue | 1.73 B | ||||
| Gross Profit | 357.79 M | ||||
| EBITDA | 213.33 M | ||||
| Net Income | 116.01 M | ||||
| Total Debt | 20.01 M | ||||
| Book Value Per Share | 14.92 X | ||||
| Cash Flow From Operations | 165.4 M | ||||
| Earnings Per Share | 1.48 X | ||||
| Number Of Employees | 2.45 K | ||||
| Beta | 0.39 | ||||
| Market Capitalization | 2.12 B | ||||
| Total Asset | 2.25 B | ||||
| Retained Earnings | 596.22 M | ||||
| Working Capital | 609.31 M | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 2.25 B | ||||
| Last Dividend Paid | 0.5 |
About Qingdao Choho Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Qingdao Choho Industrial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Qingdao Choho using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Qingdao Choho Industrial 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.Other Information on Investing in Qingdao Stock
Qingdao Choho financial ratios help investors to determine whether Qingdao Stock 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 Qingdao with respect to the benefits of owning Qingdao Choho security.