Ritdisplay Corp Stock Price To Book
| 8104 Stock | TWD 56.80 1.40 2.41% |
RiTdisplay Corp fundamentals help investors to digest information that contributes to RiTdisplay Corp's financial success or failures. It also enables traders to predict the movement of RiTdisplay Stock. The fundamental analysis module provides a way to measure RiTdisplay Corp'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 RiTdisplay Corp stock.
RiTdisplay |
RiTdisplay Corp Company Price To Book Analysis
RiTdisplay Corp'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 RiTdisplay Corp Price To Book | 1.28 X |
Most of RiTdisplay Corp'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, RiTdisplay Corp 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, RiTdisplay Corp has a Price To Book of 1.2767 times. This is 88.67% lower than that of the Technology sector and 89.79% lower than that of the Electronic Components industry. The price to book for all Taiwan stocks is 86.58% higher than that of the company.
RiTdisplay Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RiTdisplay Corp'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 RiTdisplay Corp could also be used in its relative valuation, which is a method of valuing RiTdisplay Corp by comparing valuation metrics of similar companies.RiTdisplay Corp is currently under evaluation in price to book category among its peers.
RiTdisplay Fundamentals
| Return On Equity | 0.0219 | |||
| Return On Asset | 0.0068 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 4.03 B | |||
| Shares Outstanding | 73.65 M | |||
| Shares Owned By Insiders | 48.88 % | |||
| Shares Owned By Institutions | 0.12 % | |||
| Price To Earning | 12.12 X | |||
| Price To Book | 1.28 X | |||
| Price To Sales | 1.10 X | |||
| Revenue | 2.23 B | |||
| Gross Profit | 420.11 M | |||
| EBITDA | 398.5 M | |||
| Net Income | 192.16 M | |||
| Cash And Equivalents | 926.22 M | |||
| Cash Per Share | 13.85 X | |||
| Total Debt | 243.12 M | |||
| Debt To Equity | 0.42 % | |||
| Current Ratio | 1.56 X | |||
| Book Value Per Share | 29.61 X | |||
| Cash Flow From Operations | 10.69 M | |||
| Earnings Per Share | 0.50 X | |||
| Number Of Employees | 15 | |||
| Beta | 1.13 | |||
| Market Capitalization | 2.88 B | |||
| Total Asset | 3.97 B | |||
| Z Score | 6.6 | |||
| Annual Yield | 0.05 % | |||
| Net Asset | 3.97 B | |||
| Last Dividend Paid | 2.01 |
About RiTdisplay Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RiTdisplay Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RiTdisplay Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RiTdisplay Corp 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for RiTdisplay Stock Analysis
When running RiTdisplay Corp's price analysis, check to measure RiTdisplay Corp's 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 RiTdisplay Corp is operating at the current time. Most of RiTdisplay Corp's value examination focuses on studying past and present price action to predict the probability of RiTdisplay Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RiTdisplay Corp's price. Additionally, you may evaluate how the addition of RiTdisplay Corp to your portfolios can decrease your overall portfolio volatility.