Ignitis Grupe Ab Stock Price To Book
| IGN Stock | 18.80 0.10 0.53% |
Ignitis Grupe AB fundamentals help investors to digest information that contributes to Ignitis Grupe's financial success or failures. It also enables traders to predict the movement of Ignitis Stock. The fundamental analysis module provides a way to measure Ignitis Grupe'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 Ignitis Grupe stock.
Ignitis |
Ignitis Grupe AB Company Price To Book Analysis
Ignitis Grupe'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.
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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Based on the latest financial disclosure, Ignitis Grupe AB has a Price To Book of 0.0 times. This indicator is about the same for the Commercial Services & Supplies average (which is currently at 0.0) sector and about the same as Industrials (which currently averages 0.0) industry. This indicator is about the same for all United Kingdom stocks average (which is currently at 0.0).
Ignitis Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ignitis Grupe'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 Ignitis Grupe could also be used in its relative valuation, which is a method of valuing Ignitis Grupe by comparing valuation metrics of similar companies.Ignitis Grupe is currently under evaluation in price to book category among its peers.
About Ignitis Grupe Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ignitis Grupe AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ignitis Grupe using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ignitis Grupe 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.
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Ignitis Grupe financial ratios help investors to determine whether Ignitis 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 Ignitis with respect to the benefits of owning Ignitis Grupe security.