Commonwealth Bank Of Preferred Stock Price To Book
CBAPI Preferred Stock | 105.20 1.30 1.25% |
Commonwealth Bank of fundamentals help investors to digest information that contributes to Commonwealth Bank's financial success or failures. It also enables traders to predict the movement of Commonwealth Preferred Stock. The fundamental analysis module provides a way to measure Commonwealth Bank'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 Commonwealth Bank preferred stock.
Commonwealth |
Commonwealth Bank of Company Price To Book Analysis
Commonwealth Bank'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.
Competition |
Based on the latest financial disclosure, Commonwealth Bank of has a Price To Book of 0.0 times. This is 100.0% lower than that of the Financial sector and about the same as Banks (which currently averages 0.0) industry. The price to book for all Australia preferred stocks is 100.0% higher than that of the company.
Commonwealth Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Commonwealth Bank's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Commonwealth Bank could also be used in its relative valuation, which is a method of valuing Commonwealth Bank by comparing valuation metrics of similar companies.Commonwealth Bank is currently under evaluation in price to book category among its peers.
Commonwealth Fundamentals
Return On Equity | 13.14 | ||||
Shares Outstanding | 1.69 B | ||||
Net Income | 10.77 B | ||||
Cash Flow From Operations | 23.24 B | ||||
Market Capitalization | 167.46 B | ||||
Total Asset | 1.22 T | ||||
Retained Earnings | 36.83 B | ||||
Z Score | 0.04 | ||||
Annual Yield | 0.02 % | ||||
Net Asset | 1.22 T |
About Commonwealth Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Commonwealth Bank of's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Commonwealth Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Commonwealth Bank of 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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Other Information on Investing in Commonwealth Preferred Stock
Commonwealth Bank financial ratios help investors to determine whether Commonwealth Preferred 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 Commonwealth with respect to the benefits of owning Commonwealth Bank security.