Planting Hope Co Stock Price To Book

MYLK Stock   0.01  0.00  0.00%   
Planting Hope Co fundamentals help investors to digest information that contributes to Planting Hope's financial success or failures. It also enables traders to predict the movement of Planting Stock. The fundamental analysis module provides a way to measure Planting Hope'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 Planting Hope stock.
Price To Book Ratio is likely to climb to 20.77 in 2024.
  
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Planting Hope Co Company Price To Book Analysis

Planting Hope'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

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Current Planting Hope Price To Book

    
  28.99 X  
Most of Planting Hope'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, Planting Hope Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Planting Price To Book Driver Correlations

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

Planting Book Value Per Share

Book Value Per Share

0.0167

At this time, Planting Hope's Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, Planting Hope Co has a Price To Book of 28.9893 times. This is much higher than that of the Food Products sector and notably higher than that of the Consumer Staples industry. The price to book for all Canada stocks is notably lower than that of the firm.

Planting Price To Book Peer Comparison

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

Planting Fundamentals

About Planting Hope Fundamental Analysis

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

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