Data Storage Corp Stock Price To Book

DTST Stock  USD 3.92  0.02  0.51%   
Data Storage Corp fundamentals help investors to digest information that contributes to Data Storage's financial success or failures. It also enables traders to predict the movement of Data Stock. The fundamental analysis module provides a way to measure Data Storage'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 Data Storage stock.
Price To Book Ratio is likely to drop to 0.66 in 2024.
  
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Data Storage Corp Company Price To Book Analysis

Data Storage'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 Data Storage Price To Book

    
  1.31 X  
Most of Data Storage'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, Data Storage Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Data Price To Book Driver Correlations

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

Data Book Value Per Share

Book Value Per Share

3.03

At this time, Data Storage's Book Value Per Share is comparatively stable compared to the past year.
Based on the latest financial disclosure, Data Storage Corp has a Price To Book of 1.3101 times. This is 88.38% lower than that of the Software sector and 75.0% lower than that of the Information Technology industry. The price to book for all United States stocks is 86.22% higher than that of the company.

Data Price To Book Peer Comparison

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

Data Storage Current Valuation Drivers

We derive many important indicators used in calculating different scores of Data Storage from analyzing Data Storage's financial statements. These drivers represent accounts that assess Data Storage's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Data Storage's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap384.5K449.8K15.5M10.0M19.7M20.7M
Enterprise Value3.4M2.8M5.4M9.4M18.9M19.8M

Data Storage 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, Data Storage's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Data Storage's managers, analysts, and investors.
Environmental
Governance
Social

Data Fundamentals

About Data Storage Fundamental Analysis

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

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