Datang Huayin Electric Stock Price To Book

600744 Stock   3.35  0.07  2.05%   
Datang HuaYin Electric fundamentals help investors to digest information that contributes to Datang HuaYin's financial success or failures. It also enables traders to predict the movement of Datang Stock. The fundamental analysis module provides a way to measure Datang HuaYin'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 Datang HuaYin 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.

Datang HuaYin Electric Company Price To Book Analysis

Datang HuaYin'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 Datang HuaYin Price To Book

    
  3.98 X  
Most of Datang HuaYin'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, Datang HuaYin Electric 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, Datang HuaYin Electric has a Price To Book of 3.9803 times. This is 36.11% lower than that of the Independent Power and Renewable Electricity Producers sector and 58.58% higher than that of the Utilities industry. The price to book for all China stocks is 58.15% higher than that of the company.

Datang Price To Book Peer Comparison

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

Datang Fundamentals

About Datang HuaYin Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Datang HuaYin Electric's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Datang HuaYin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Datang HuaYin Electric 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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Other Information on Investing in Datang Stock

Datang HuaYin financial ratios help investors to determine whether Datang 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 Datang with respect to the benefits of owning Datang HuaYin security.