Honest Company Stock Price To Book
HNST Stock | USD 8.57 0.42 5.15% |
Honest Company fundamentals help investors to digest information that contributes to Honest's financial success or failures. It also enables traders to predict the movement of Honest Stock. The fundamental analysis module provides a way to measure Honest'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 Honest stock.
Price To Book Ratio is likely to gain to 2.66 in 2024. Honest | Price To Book |
Honest Company Company Price To Book Analysis
Honest'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.
Current Honest Price To Book | 6.15 X |
Most of Honest'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, Honest Company is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Honest Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Honest is extremely important. It helps to project a fair market value of Honest Stock properly, considering its historical fundamentals such as Price To Book. Since Honest'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 Honest'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 Honest'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.
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Honest Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Honest Company has a Price To Book of 6.1466 times. This is 4.85% lower than that of the Personal Care Products sector and about the same as Consumer Staples (which currently averages 6.14) industry. The price to book for all United States stocks is 35.37% higher than that of the company.
Honest Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Honest'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 Honest could also be used in its relative valuation, which is a method of valuing Honest by comparing valuation metrics of similar companies.Honest is currently under evaluation in price to book category among its peers.
Honest 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, Honest's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Honest's managers, analysts, and investors.Environmental | Governance | Social |
Honest Fundamentals
Return On Equity | -0.0329 | ||||
Return On Asset | -0.0126 | ||||
Profit Margin | (0.01) % | ||||
Operating Margin | 0.0006 % | ||||
Current Valuation | 793.19 M | ||||
Shares Outstanding | 100.96 M | ||||
Shares Owned By Insiders | 13.49 % | ||||
Shares Owned By Institutions | 66.81 % | ||||
Number Of Shares Shorted | 2 M | ||||
Price To Book | 6.15 X | ||||
Price To Sales | 2.23 X | ||||
Revenue | 344.37 M | ||||
Gross Profit | 92.31 M | ||||
EBITDA | (36.15 M) | ||||
Net Income | (39.24 M) | ||||
Cash And Equivalents | 66.85 M | ||||
Cash Per Share | 0.72 X | ||||
Total Debt | 29.87 M | ||||
Debt To Equity | 0.25 % | ||||
Current Ratio | 3.27 X | ||||
Book Value Per Share | 1.32 X | ||||
Cash Flow From Operations | 19.35 M | ||||
Short Ratio | 1.04 X | ||||
Earnings Per Share | (0.04) X | ||||
Price To Earnings To Growth | (0.18) X | ||||
Target Price | 6.86 | ||||
Number Of Employees | 176 | ||||
Beta | 1.85 | ||||
Market Capitalization | 822.83 M | ||||
Total Asset | 201.62 M | ||||
Retained Earnings | (479.07 M) | ||||
Working Capital | 101.06 M | ||||
Net Asset | 201.62 M |
About Honest Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Honest Company's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Honest using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Honest Company 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 Honest Stock Analysis
When running Honest's price analysis, check to measure Honest'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 Honest is operating at the current time. Most of Honest's value examination focuses on studying past and present price action to predict the probability of Honest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honest's price. Additionally, you may evaluate how the addition of Honest to your portfolios can decrease your overall portfolio volatility.