Lumine Group Stock Price To Book

LMN Stock   38.55  0.35  0.92%   
Lumine Group fundamentals help investors to digest information that contributes to Lumine's financial success or failures. It also enables traders to predict the movement of Lumine Stock. The fundamental analysis module provides a way to measure Lumine'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 Lumine stock.
Price To Book Ratio is likely to climb to -0.45 in 2025.
  
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Lumine Group Company Price To Book Analysis

Lumine'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 Lumine Price To Book

    
  10.32 X  
Most of Lumine'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, Lumine Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Lumine Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Lumine is extremely important. It helps to project a fair market value of Lumine Stock properly, considering its historical fundamentals such as Price To Book. Since Lumine'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 Lumine'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 Lumine's interrelated accounts and indicators.
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

Lumine Book Value Per Share

Book Value Per Share

(57.91)

At this time, Lumine's Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, Lumine Group has a Price To Book of 10.3184 times. This is 8.44% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The price to book for all Canada stocks is 8.5% lower than that of the firm.

Lumine Price To Book Peer Comparison

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

Lumine Fundamentals

About Lumine Fundamental Analysis

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Lumine Stock Analysis

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