Guoguang Electric Co Stock Price To Book
| 688776 Stock | 72.80 3.55 5.13% |
Guoguang Electric Co fundamentals help investors to digest information that contributes to Guoguang Electric's financial success or failures. It also enables traders to predict the movement of Guoguang Stock. The fundamental analysis module provides a way to measure Guoguang Electric'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 Guoguang Electric stock.
Guoguang | Price To Book |
Guoguang Electric Co Company Price To Book Analysis
Guoguang Electric'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 Guoguang Electric Price To Book | 4.23 X |
Most of Guoguang Electric'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, Guoguang Electric Co 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, Guoguang Electric Co has a Price To Book of 4.2285 times. This is 28.33% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The price to book for all China stocks is 55.54% higher than that of the company.
Guoguang Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Guoguang Electric'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 Guoguang Electric could also be used in its relative valuation, which is a method of valuing Guoguang Electric by comparing valuation metrics of similar companies.Guoguang Electric is currently under evaluation in price to book category among its peers.
Guoguang Fundamentals
| Return On Equity | 0.026 | ||||
| Return On Asset | 0.0134 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 7 B | ||||
| Shares Outstanding | 108.38 M | ||||
| Shares Owned By Insiders | 64.11 % | ||||
| Shares Owned By Institutions | 12.90 % | ||||
| Price To Book | 4.23 X | ||||
| Price To Sales | 14.53 X | ||||
| Revenue | 745.45 M | ||||
| Gross Profit | 51.49 M | ||||
| EBITDA | 68.18 M | ||||
| Net Income | 90.1 M | ||||
| Total Debt | 438.81 K | ||||
| Book Value Per Share | 17.22 X | ||||
| Cash Flow From Operations | 85.14 M | ||||
| Earnings Per Share | 0.73 X | ||||
| Beta | -0.43 | ||||
| Market Capitalization | 7.89 B | ||||
| Total Asset | 2.36 B | ||||
| Retained Earnings | 473.31 M | ||||
| Working Capital | 1.68 B | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 2.36 B |
About Guoguang Electric Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Guoguang Electric Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Guoguang Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Guoguang Electric Co 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 Guoguang Stock
Guoguang Electric financial ratios help investors to determine whether Guoguang 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 Guoguang with respect to the benefits of owning Guoguang Electric security.