63 Moons Technologies Stock Price To Book

63MOONS Stock   579.90  3.95  0.69%   
63 moons technologies fundamentals help investors to digest information that contributes to 63 Moons' financial success or failures. It also enables traders to predict the movement of 63MOONS Stock. The fundamental analysis module provides a way to measure 63 Moons' 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 63 Moons 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.

63 moons technologies Company Price To Book Analysis

63 Moons' 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 63 Moons Price To Book

    
  0.80 X  
Most of 63 Moons' 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, 63 moons technologies 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, 63 moons technologies has a Price To Book of 0.7998 times. This is much higher than that of the Software sector and significantly higher than that of the Information Technology industry. The price to book for all India stocks is notably lower than that of the firm.

63MOONS Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 63 Moons' 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 63 Moons could also be used in its relative valuation, which is a method of valuing 63 Moons by comparing valuation metrics of similar companies.
63 Moons is currently under evaluation in price to book category among its peers.

63MOONS Fundamentals

About 63 Moons Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 63 moons technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 63 Moons using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 63 moons technologies 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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Additional Tools for 63MOONS Stock Analysis

When running 63 Moons' price analysis, check to measure 63 Moons' 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 63 Moons is operating at the current time. Most of 63 Moons' value examination focuses on studying past and present price action to predict the probability of 63 Moons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 63 Moons' price. Additionally, you may evaluate how the addition of 63 Moons to your portfolios can decrease your overall portfolio volatility.