Euronav Nv Stock Price To Book
CMBT Stock | 11.02 0.03 0.27% |
Euronav NV fundamentals help investors to digest information that contributes to Euronav NV's financial success or failures. It also enables traders to predict the movement of Euronav Stock. The fundamental analysis module provides a way to measure Euronav NV'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 Euronav NV stock.
Price To Book Ratio is likely to drop to 1.18 in 2024. Euronav | Price To Book |
Euronav NV Company Price To Book Analysis
Euronav NV'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.
Current Euronav NV Price To Book | 1.94 X |
Most of Euronav NV'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, Euronav NV is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Euronav Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Euronav NV is extremely important. It helps to project a fair market value of Euronav Stock properly, considering its historical fundamentals such as Price To Book. Since Euronav NV'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 Euronav NV'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 Euronav NV's interrelated accounts and indicators.
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Euronav Price To Book Historical Pattern
Today, most investors in Euronav NV Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Euronav NV's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Euronav NV price to book as a starting point in their analysis.
Euronav NV Price To Book |
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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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Euronav Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Euronav NV has a Price To Book of 1.9423 times. This is 51.8% lower than that of the Oil, Gas & Consumable Fuels sector and 88.87% lower than that of the Energy industry. The price to book for all United States stocks is 79.58% higher than that of the company.
Euronav Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Euronav NV'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 Euronav NV could also be used in its relative valuation, which is a method of valuing Euronav NV by comparing valuation metrics of similar companies.Euronav NV is currently under evaluation in price to book category among its peers.
Euronav NV Current Valuation Drivers
We derive many important indicators used in calculating different scores of Euronav NV from analyzing Euronav NV's financial statements. These drivers represent accounts that assess Euronav NV's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Euronav NV's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 1.3B | 2.7B | 1.8B | 3.4B | 3.6B | 3.7B | |
Enterprise Value | 2.9B | 4.2B | 3.4B | 5.0B | 4.1B | 4.3B |
Euronav Fundamentals
Return On Equity | 0.74 | |||
Return On Asset | 0.0661 | |||
Profit Margin | 1.21 % | |||
Operating Margin | 0.34 % | |||
Current Valuation | 4.51 B | |||
Shares Outstanding | 194.22 M | |||
Shares Owned By Insiders | 81.25 % | |||
Shares Owned By Institutions | 2.14 % | |||
Number Of Shares Shorted | 325.61 K | |||
Price To Book | 1.94 X | |||
Price To Sales | 2.28 X | |||
Revenue | 1.24 B | |||
Gross Profit | 457.62 M | |||
EBITDA | 1.22 B | |||
Net Income | 858.03 M | |||
Total Debt | 930.71 M | |||
Book Value Per Share | 5.67 X | |||
Cash Flow From Operations | 854.9 M | |||
Short Ratio | 3.54 X | |||
Earnings Per Share | 5.96 X | |||
Price To Earnings To Growth | (3.43) X | |||
Target Price | 17.97 | |||
Beta | -0.26 | |||
Market Capitalization | 2.24 B | |||
Total Asset | 3.42 B | |||
Retained Earnings | 807.25 M | |||
Working Capital | 1.21 B | |||
Annual Yield | 0.64 % | |||
Net Asset | 3.42 B | |||
Last Dividend Paid | 0.27 |
About Euronav NV Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Euronav NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Euronav NV using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Euronav NV 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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Additional Tools for Euronav Stock Analysis
When running Euronav NV's price analysis, check to measure Euronav NV'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 Euronav NV is operating at the current time. Most of Euronav NV's value examination focuses on studying past and present price action to predict the probability of Euronav NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronav NV's price. Additionally, you may evaluate how the addition of Euronav NV to your portfolios can decrease your overall portfolio volatility.