Ascendis Pharma As Stock Price To Book

ASND Stock  USD 130.85  1.04  0.80%   
Ascendis Pharma AS fundamentals help investors to digest information that contributes to Ascendis Pharma's financial success or failures. It also enables traders to predict the movement of Ascendis Stock. The fundamental analysis module provides a way to measure Ascendis Pharma'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 Ascendis Pharma stock.
The current year's Price To Book Ratio is expected to grow to -41.82.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Ascendis Pharma AS Company Price To Book Analysis

Ascendis Pharma'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 Ascendis Pharma Price To Book

    
  14.55 X  
Most of Ascendis Pharma'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, Ascendis Pharma AS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ascendis Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Ascendis Pharma is extremely important. It helps to project a fair market value of Ascendis Stock properly, considering its historical fundamentals such as Price To Book. Since Ascendis Pharma's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ascendis Pharma's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ascendis Pharma's interrelated accounts and indicators.
0.64-0.69-0.23-0.80.730.28-0.170.570.990.730.930.830.85-0.190.930.960.89
0.64-0.43-0.85-0.110.0-0.440.41-0.240.6-0.020.570.850.24-0.070.70.580.3
-0.69-0.430.240.57-0.59-0.330.3-0.46-0.72-0.53-0.84-0.66-0.6-0.15-0.6-0.63-0.61
-0.23-0.850.24-0.320.410.66-0.60.61-0.210.44-0.26-0.580.22-0.01-0.29-0.160.17
-0.8-0.110.57-0.32-0.96-0.770.68-0.92-0.81-0.97-0.77-0.54-0.970.24-0.74-0.84-0.96
0.730.0-0.590.41-0.960.77-0.670.950.760.980.730.40.91-0.180.650.760.9
0.28-0.44-0.330.66-0.770.77-0.940.890.310.80.340.080.69-0.120.220.360.64
-0.170.410.3-0.60.68-0.67-0.94-0.79-0.18-0.7-0.23-0.1-0.630.1-0.22-0.3-0.57
0.57-0.24-0.460.61-0.920.950.89-0.790.590.970.550.210.86-0.160.490.630.83
0.990.6-0.72-0.21-0.810.760.31-0.180.590.750.950.80.84-0.180.910.950.88
0.73-0.02-0.530.44-0.970.980.8-0.70.970.750.680.40.94-0.180.680.790.94
0.930.57-0.84-0.26-0.770.730.34-0.230.550.950.680.80.77-0.130.80.840.79
0.830.85-0.66-0.58-0.540.40.08-0.10.210.80.40.80.65-0.120.880.820.67
0.850.24-0.60.22-0.970.910.69-0.630.860.840.940.770.65-0.20.830.91.0
-0.19-0.07-0.15-0.010.24-0.18-0.120.1-0.16-0.18-0.18-0.13-0.12-0.2-0.21-0.22-0.21
0.930.7-0.6-0.29-0.740.650.22-0.220.490.910.680.80.880.83-0.210.980.86
0.960.58-0.63-0.16-0.840.760.36-0.30.630.950.790.840.820.9-0.220.980.92
0.890.3-0.610.17-0.960.90.64-0.570.830.880.940.790.671.0-0.210.860.92
Click cells to compare fundamentals
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

Ascendis Book Value Per Share

Book Value Per Share

(2.46)

At present, Ascendis Pharma's Book Value Per Share is projected to slightly grow based on the last few years of reporting.
Based on the latest financial disclosure, Ascendis Pharma AS has a Price To Book of 14.5547 times. This is 43.32% lower than that of the Biotechnology sector and 140.97% higher than that of the Health Care industry. The price to book for all United States stocks is 53.05% lower than that of the firm.

Ascendis Price To Book Peer Comparison

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

Ascendis Pharma Current Valuation Drivers

We derive many important indicators used in calculating different scores of Ascendis Pharma from analyzing Ascendis Pharma's financial statements. These drivers represent accounts that assess Ascendis Pharma's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ascendis Pharma's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap5.8B6.9B6.5B6.4B6.4B6.7B
Enterprise Value5.2B6.4B6.1B6.5B6.7B7.0B

Ascendis Pharma ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ascendis Pharma's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ascendis Pharma's managers, analysts, and investors.
Environmental
Governance
Social

Ascendis Fundamentals

About Ascendis Pharma Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ascendis Pharma AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ascendis Pharma using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ascendis Pharma AS 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.
When determining whether Ascendis Pharma AS is a strong investment it is important to analyze Ascendis Pharma's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ascendis Pharma's future performance. For an informed investment choice regarding Ascendis Stock, refer to the following important reports:
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ascendis Pharma. If investors know Ascendis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ascendis Pharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.81)
Revenue Per Share
5.595
Quarterly Revenue Growth
(0.24)
Return On Assets
(0.28)
Return On Equity
(8.18)
The market value of Ascendis Pharma AS is measured differently than its book value, which is the value of Ascendis that is recorded on the company's balance sheet. Investors also form their own opinion of Ascendis Pharma's value that differs from its market value or its book value, called intrinsic value, which is Ascendis Pharma's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ascendis Pharma's market value can be influenced by many factors that don't directly affect Ascendis Pharma's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ascendis Pharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ascendis Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ascendis Pharma's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.