Kanoria Chemicals Industries Stock Book Value Per Share

KANORICHEM   109.34  0.94  0.85%   
Kanoria Chemicals Industries fundamentals help investors to digest information that contributes to Kanoria Chemicals' financial success or failures. It also enables traders to predict the movement of Kanoria Stock. The fundamental analysis module provides a way to measure Kanoria Chemicals' 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 Kanoria Chemicals stock.
  
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Kanoria Chemicals Industries Company Book Value Per Share Analysis

Kanoria Chemicals' 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 Kanoria Chemicals Book Value Per Share

    
  130.44 X  
Most of Kanoria Chemicals' 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, Kanoria Chemicals Industries 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

Kanoria Common Stock Shares Outstanding

Common Stock Shares Outstanding

41.69 Million

At present, Kanoria Chemicals' Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting.
In accordance with the recently published financial statements, the book value per share of Kanoria Chemicals Industries is about 130 times. This is much higher than that of the Chemicals sector and significantly higher than that of the Materials industry. The book value per share for all India stocks is notably lower than that of the firm.

Kanoria Book Value Per Share Peer Comparison

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

Kanoria Fundamentals

About Kanoria Chemicals Fundamental Analysis

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

Kanoria Chemicals financial ratios help investors to determine whether Kanoria 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 Kanoria with respect to the benefits of owning Kanoria Chemicals security.