Clearway Energy Stock Price To Book

CWEN-A Stock  USD 27.00  0.31  1.16%   
Clearway Energy fundamentals help investors to digest information that contributes to Clearway Energy's financial success or failures. It also enables traders to predict the movement of Clearway Stock. The fundamental analysis module provides a way to measure Clearway Energy'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 Clearway Energy stock.
As of November 25, 2024, Price To Book Ratio is expected to decline to 1.13.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Clearway Energy Company Price To Book Analysis

Clearway Energy'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 Clearway Energy Price To Book

    
  1.47 X  
Most of Clearway Energy'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, Clearway Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Clearway Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Clearway Energy is extremely important. It helps to project a fair market value of Clearway Stock properly, considering its historical fundamentals such as Price To Book. Since Clearway Energy'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 Clearway Energy'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 Clearway Energy's interrelated accounts and indicators.
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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Clearway Book Value Per Share

Book Value Per Share

44.83

At present, Clearway Energy's Book Value Per Share is projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Clearway Energy has a Price To Book of 1.4689 times. This is 76.42% lower than that of the Independent Power and Renewable Electricity Producers sector and 41.48% lower than that of the Utilities industry. The price to book for all United States stocks is 84.55% higher than that of the company.

Clearway Price To Book Peer Comparison

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

Clearway Fundamentals

About Clearway Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Clearway Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clearway Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clearway Energy 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 Clearway Stock

Clearway Energy financial ratios help investors to determine whether Clearway 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 Clearway with respect to the benefits of owning Clearway Energy security.