Akme Fintrade India Stock Price To Book
| AFIL Stock | 80.80 0.85 1.04% |
Akme Fintrade India fundamentals help investors to digest information that contributes to Akme Fintrade's financial success or failures. It also enables traders to predict the movement of Akme Stock. The fundamental analysis module provides a way to measure Akme Fintrade'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 Akme Fintrade stock.
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Akme Fintrade India Company Price To Book Analysis
Akme Fintrade'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.
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.
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Based on the latest financial disclosure, Akme Fintrade India has a Price To Book of 0.0 times. This is 100.0% lower than that of the Financial Services sector and 100.0% lower than that of the Credit Services industry. The price to book for all India stocks is 100.0% higher than that of the company.
Akme Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Akme Fintrade'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 Akme Fintrade could also be used in its relative valuation, which is a method of valuing Akme Fintrade by comparing valuation metrics of similar companies.Akme Fintrade is currently under evaluation in price to book category among its peers.
About Akme Fintrade Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Akme Fintrade India's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Akme Fintrade using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Akme Fintrade India 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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When running Akme Fintrade's price analysis, check to measure Akme Fintrade'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 Akme Fintrade is operating at the current time. Most of Akme Fintrade's value examination focuses on studying past and present price action to predict the probability of Akme Fintrade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akme Fintrade's price. Additionally, you may evaluate how the addition of Akme Fintrade to your portfolios can decrease your overall portfolio volatility.