Ping An Healthcare Stock Price To Book

1XZ Stock  EUR 1.75  0.03  1.74%   
Ping An Healthcare fundamentals help investors to digest information that contributes to Ping An's financial success or failures. It also enables traders to predict the movement of Ping Stock. The fundamental analysis module provides a way to measure Ping An'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 Ping An stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Ping An Healthcare Company Price To Book Analysis

Ping An'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 Ping An Price To Book

    
  2.24 X  
Most of Ping An'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, Ping An Healthcare 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, Ping An Healthcare has a Price To Book of 2.2388 times. This is 91.28% lower than that of the Healthcare sector and significantly higher than that of the Health Information Services industry. The price to book for all Germany stocks is 76.46% higher than that of the company.

Ping Price To Book Peer Comparison

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

Ping Fundamentals

About Ping An Fundamental Analysis

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

Currently Active Assets on Macroaxis

Other Information on Investing in Ping Stock

Ping An financial ratios help investors to determine whether Ping 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 Ping with respect to the benefits of owning Ping An security.