Delta Oil Gas Stock Price To Book

Delta Oil Gas fundamentals help investors to digest information that contributes to Delta Oil's financial success or failures. It also enables traders to predict the movement of Delta Stock. The fundamental analysis module provides a way to measure Delta Oil'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 Delta Oil stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Delta Oil Gas Company Price To Book Analysis

Delta Oil'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 Delta Oil Price To Book

    
  1.66 X  
Most of Delta Oil'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, Delta Oil Gas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, Delta Oil Gas has a Price To Book of 1.6559 times. This is 58.91% lower than that of the Energy sector and significantly higher than that of the Oil, Gas & Consumable Fuels industry. The price to book for all United States stocks is 82.59% higher than that of the company.

Delta Price To Book Peer Comparison

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

Delta Fundamentals

About Delta Oil Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Delta Oil Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Delta Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Delta Oil Gas 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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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 Delta Oil Gas offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Delta Oil's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Delta Oil Gas Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Delta Oil Gas Stock:
Check out Delta Oil Piotroski F Score and Delta Oil Altman Z Score analysis.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas E&P 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 Delta Oil. If investors know Delta 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 Delta Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.03
Quarterly Revenue Growth
0.339
Return On Assets
(0.53)
Return On Equity
(1.78)
The market value of Delta Oil Gas is measured differently than its book value, which is the value of Delta that is recorded on the company's balance sheet. Investors also form their own opinion of Delta Oil's value that differs from its market value or its book value, called intrinsic value, which is Delta Oil'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 Delta Oil's market value can be influenced by many factors that don't directly affect Delta Oil'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 Delta Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Delta Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delta Oil'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.