Shinkong Synthetic Fiber Stock Price To Book
1409 Stock | TWD 15.90 0.20 1.27% |
Shinkong Synthetic Fiber fundamentals help investors to digest information that contributes to Shinkong Synthetic's financial success or failures. It also enables traders to predict the movement of Shinkong Stock. The fundamental analysis module provides a way to measure Shinkong Synthetic'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 Shinkong Synthetic stock.
Shinkong |
Shinkong Synthetic Fiber Company Price To Book Analysis
Shinkong Synthetic'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 Shinkong Synthetic Price To Book | 0.82 X |
Most of Shinkong Synthetic'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, Shinkong Synthetic Fiber 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, Shinkong Synthetic Fiber has a Price To Book of 0.8172 times. This is 87.35% lower than that of the Chemicals sector and 21.42% lower than that of the Materials industry. The price to book for all Taiwan stocks is 91.41% higher than that of the company.
Shinkong Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shinkong Synthetic'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 Shinkong Synthetic could also be used in its relative valuation, which is a method of valuing Shinkong Synthetic by comparing valuation metrics of similar companies.Shinkong Synthetic is currently under evaluation in price to book category among its peers.
Shinkong Fundamentals
Return On Equity | 0.1 | |||
Return On Asset | 0.021 | |||
Profit Margin | 0.08 % | |||
Operating Margin | 0.13 % | |||
Current Valuation | 52.93 B | |||
Shares Outstanding | 1.61 B | |||
Shares Owned By Insiders | 30.46 % | |||
Shares Owned By Institutions | 12.70 % | |||
Price To Earning | 8.38 X | |||
Price To Book | 0.82 X | |||
Price To Sales | 0.59 X | |||
Revenue | 44.16 B | |||
Gross Profit | 12.06 B | |||
EBITDA | 8.35 B | |||
Net Income | 3.89 B | |||
Cash And Equivalents | 13.41 B | |||
Cash Per Share | 8.32 X | |||
Total Debt | 15.79 B | |||
Debt To Equity | 88.50 % | |||
Current Ratio | 0.91 X | |||
Book Value Per Share | 21.54 X | |||
Cash Flow From Operations | (2.56 B) | |||
Earnings Per Share | 2.27 X | |||
Number Of Employees | 29 | |||
Beta | 0.71 | |||
Market Capitalization | 28.89 B | |||
Total Asset | 196.03 B | |||
Retained Earnings | 6.39 B | |||
Working Capital | (6.98 B) | |||
Current Asset | 77.59 B | |||
Current Liabilities | 84.56 B | |||
Z Score | 0.6 | |||
Annual Yield | 0.08 % | |||
Five Year Return | 3.47 % | |||
Net Asset | 196.03 B | |||
Last Dividend Paid | 1.4 |
About Shinkong Synthetic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Shinkong Synthetic Fiber's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shinkong Synthetic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shinkong Synthetic Fiber 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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When running Shinkong Synthetic's price analysis, check to measure Shinkong Synthetic'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 Shinkong Synthetic is operating at the current time. Most of Shinkong Synthetic's value examination focuses on studying past and present price action to predict the probability of Shinkong Synthetic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinkong Synthetic's price. Additionally, you may evaluate how the addition of Shinkong Synthetic to your portfolios can decrease your overall portfolio volatility.