Eastnine Ab Stock Price To Book

EAST Stock  SEK 46.80  1.24  2.58%   
Eastnine AB fundamentals help investors to digest information that contributes to Eastnine's financial success or failures. It also enables traders to predict the movement of Eastnine Stock. The fundamental analysis module provides a way to measure Eastnine'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 Eastnine 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.

Eastnine AB Company Price To Book Analysis

Eastnine'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 Eastnine Price To Book

    
  0.69 X  
Most of Eastnine'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, Eastnine AB 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, Eastnine AB has a Price To Book of 0.687 times. This is 85.0% lower than that of the Financial Services sector and 75.98% lower than that of the Asset Management industry. The price to book for all Sweden stocks is 92.78% higher than that of the company.

Eastnine Price To Book Peer Comparison

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

Eastnine Fundamentals

About Eastnine Fundamental Analysis

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

Explore Investment Opportunities

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 Eastnine Stock Analysis

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