Bank Of Queensland Stock Price To Book
| BOQPG Stock | 105.32 0.01 0.01% |
Bank of Queensland fundamentals help investors to digest information that contributes to Bank of Queensland's financial success or failures. It also enables traders to predict the movement of Bank Stock. The fundamental analysis module provides a way to measure Bank of Queensland'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 Bank of Queensland stock.
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Bank of Queensland Company Price To Book Analysis
Bank of Queensland'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, Bank of Queensland has a Price To Book of 0.0 times. This is 100.0% lower than that of the Financial Services sector and about the same as Banks - Regional (which currently averages 0.0) industry. The price to book for all Australia stocks is 100.0% higher than that of the company.
Bank Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bank of Queensland'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 Bank of Queensland could also be used in its relative valuation, which is a method of valuing Bank of Queensland by comparing valuation metrics of similar companies.Bank of Queensland is currently under evaluation in price to book category among its peers.
About Bank of Queensland Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bank of Queensland's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank of Queensland using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank of Queensland 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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Bank of Queensland financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank of Queensland security.