Drone Delivery Canada Stock Price To Book

ABBDelisted Stock  USD 39.00  0.02  0.05%   
Drone Delivery Canada fundamentals help investors to digest information that contributes to Drone Delivery's financial success or failures. It also enables traders to predict the movement of Drone Stock. The fundamental analysis module provides a way to measure Drone Delivery'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 Drone Delivery 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.

Drone Delivery Canada Company Price To Book Analysis

Drone Delivery'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 Drone Delivery Price To Book

    
  5.03 X  
Most of Drone Delivery'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, Drone Delivery Canada 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, Drone Delivery Canada has a Price To Book of 5.0293 times. This is 14.76% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The price to book for all Germany stocks is 47.12% higher than that of the company.

Drone Price To Book Peer Comparison

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

Drone Fundamentals

About Drone Delivery Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Drone Delivery Canada's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Drone Delivery using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Drone Delivery Canada 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.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Other Consideration for investing in Drone Stock

If you are still planning to invest in Drone Delivery Canada check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Drone Delivery's history and understand the potential risks before investing.
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