Suzhou Douson Drilling Stock Price To Book

603800 Stock   25.07  2.79  10.01%   
Suzhou Douson Drilling fundamentals help investors to digest information that contributes to Suzhou Douson's financial success or failures. It also enables traders to predict the movement of Suzhou Stock. The fundamental analysis module provides a way to measure Suzhou Douson'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 Suzhou Douson stock.
  
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Suzhou Douson Drilling Company Price To Book Analysis

Suzhou Douson'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 Suzhou Douson Price To Book

    
  7.35 X  
Most of Suzhou Douson'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, Suzhou Douson Drilling 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, Suzhou Douson Drilling has a Price To Book of 7.3543 times. This is 82.49% higher than that of the Energy Equipment & Services sector and 53.21% higher than that of the Energy industry. The price to book for all China stocks is 22.67% higher than that of the company.

Suzhou Price To Book Peer Comparison

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

Suzhou Fundamentals

About Suzhou Douson Fundamental Analysis

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

Suzhou Douson financial ratios help investors to determine whether Suzhou 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 Suzhou with respect to the benefits of owning Suzhou Douson security.