Glory Star New Stock Book Value Per Share

GSMGW Stock  USD 0  0.00  0.00%   
Glory Star New fundamentals help investors to digest information that contributes to Glory Star's financial success or failures. It also enables traders to predict the movement of Glory Stock. The fundamental analysis module provides a way to measure Glory Star'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 Glory Star stock.
Last ReportedProjected for Next Year
Book Value Per Share 4.96  5.21 
Tangible Book Value Per Share 4.38  4.60 
Book Value Per Share is likely to climb to 5.21 in 2024. Tangible Book Value Per Share is likely to climb to 4.60 in 2024.
  
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Glory Star New Company Book Value Per Share Analysis

Glory Star'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 Glory Star Book Value Per Share

    
  27.77 X  
Most of Glory Star'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, Glory Star New is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Glory Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Glory Star is extremely important. It helps to project a fair market value of Glory Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Glory Star'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 Glory Star'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 Glory Star's interrelated accounts and indicators.
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Click cells to compare fundamentals

Glory Book Value Per Share Historical Pattern

Today, most investors in Glory Star Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Glory Star'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 book value per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Glory Star book value per share as a starting point in their analysis.
   Glory Star Book Value Per Share   
       Timeline  
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

Glory Common Stock Shares Outstanding

Common Stock Shares Outstanding

9.54 Million

At this time, Glory Star's Common Stock Shares Outstanding is fairly stable compared to the past year.
In accordance with the recently published financial statements, the book value per share of Glory Star New is about 27.769 times. This is 93.56% 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 98.56% higher than that of the company.

Glory Book Value Per Share Peer Comparison

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

Glory Star Current Valuation Drivers

We derive many important indicators used in calculating different scores of Glory Star from analyzing Glory Star's financial statements. These drivers represent accounts that assess Glory Star's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Glory Star's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap300.6M472.9M77.1M45.7M52.5M49.9M
Enterprise Value311.8M468.7M6.3M(19.7M)(22.7M)(21.5M)

Glory Fundamentals

About Glory Star Fundamental Analysis

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

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