Enthusiast Gaming Holdings Stock Book Value Per Share

EGLXDelisted Stock  USD 0.61  0.01  1.61%   
Enthusiast Gaming Holdings fundamentals help investors to digest information that contributes to Enthusiast Gaming's financial success or failures. It also enables traders to predict the movement of Enthusiast Pink Sheet. The fundamental analysis module provides a way to measure Enthusiast Gaming'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 Enthusiast Gaming pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Enthusiast Gaming Holdings Company Book Value Per Share Analysis

Enthusiast Gaming's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Enthusiast Gaming Book Value Per Share

    
  1.54 X  
Most of Enthusiast Gaming's fundamental indicators, such as Book Value Per Share, 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, Enthusiast Gaming Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

In accordance with the recently published financial statements, the book value per share of Enthusiast Gaming Holdings is about 1.543 times. This is 99.64% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The book value per share for all United States stocks is 99.92% higher than that of the company.

Enthusiast Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enthusiast Gaming's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Enthusiast Gaming could also be used in its relative valuation, which is a method of valuing Enthusiast Gaming by comparing valuation metrics of similar companies.
Enthusiast Gaming is currently under evaluation in book value per share category among its peers.

Enthusiast Fundamentals

About Enthusiast Gaming Fundamental Analysis

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

Also Currently Popular

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.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Other Consideration for investing in Enthusiast Pink Sheet

If you are still planning to invest in Enthusiast Gaming check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Enthusiast Gaming's history and understand the potential risks before investing.
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