Dover Stock Price To Book

DOV Stock  USD 202.49  4.36  2.20%   
Dover fundamentals help investors to digest information that contributes to Dover's financial success or failures. It also enables traders to predict the movement of Dover Stock. The fundamental analysis module provides a way to measure Dover'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 Dover stock.
Price To Book Ratio is likely to climb to 4.42 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Dover Company Price To Book Analysis

Dover'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 Dover Price To Book

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

Dover Price To Book Driver Correlations

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

Today, most investors in Dover Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Dover'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 Dover price to book as a starting point in their analysis.
   Dover Price To Book   
       Timeline  
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

Dover Book Value Per Share

Book Value Per Share

38.34

At this time, Dover's Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, Dover has a Price To Book of 4.7704 times. This is 19.15% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The price to book for all United States stocks is 49.84% higher than that of the company.

Dover Price To Book Peer Comparison

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

Dover ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Dover's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Dover's managers, analysts, and investors.
Environmental
Governance
Social

Dover Fundamentals

About Dover Fundamental Analysis

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

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Dover Stock Analysis

When running Dover's price analysis, check to measure Dover'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 Dover is operating at the current time. Most of Dover's value examination focuses on studying past and present price action to predict the probability of Dover's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dover's price. Additionally, you may evaluate how the addition of Dover to your portfolios can decrease your overall portfolio volatility.