Gigante Salmon As Stock Price To Book

GIGA Stock   8.30  0.10  1.22%   
Gigante Salmon AS fundamentals help investors to digest information that contributes to Gigante Salmon's financial success or failures. It also enables traders to predict the movement of Gigante Stock. The fundamental analysis module provides a way to measure Gigante Salmon'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 Gigante Salmon 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.

Gigante Salmon AS Company Price To Book Analysis

Gigante Salmon'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 Gigante Salmon Price To Book

    
  2.96 X  
Most of Gigante Salmon'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, Gigante Salmon AS 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, Gigante Salmon AS has a Price To Book of 2.9584 times. This is much higher than that of the sector and significantly higher than that of the Farm Products industry. The price to book for all Norway stocks is notably lower than that of the firm.

Gigante Price To Book Peer Comparison

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

Gigante Fundamentals

About Gigante Salmon Fundamental Analysis

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

Gigante Salmon financial ratios help investors to determine whether Gigante Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gigante with respect to the benefits of owning Gigante Salmon security.