Pax Global Technology Stock Price To Book

P8X Stock  EUR 0.63  0.02  3.28%   
PAX Global Technology fundamentals help investors to digest information that contributes to PAX Global's financial success or failures. It also enables traders to predict the movement of PAX Stock. The fundamental analysis module provides a way to measure PAX Global'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 PAX Global stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

PAX Global Technology Company Price To Book Analysis

PAX Global'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 PAX Global Price To Book

    
  1.02 X  
Most of PAX Global'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, PAX Global Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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

Based on the latest financial disclosure, PAX Global Technology has a Price To Book of 1.0195 times. This is 82.72% lower than that of the Industrials sector and 64.84% lower than that of the Business Equipment industry. The price to book for all Germany stocks is 89.28% higher than that of the company.

PAX Price To Book Peer Comparison

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

PAX Fundamentals

About PAX Global Fundamental Analysis

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

Currently Active Assets on Macroaxis

Other Information on Investing in PAX Stock

PAX Global financial ratios help investors to determine whether PAX 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 PAX with respect to the benefits of owning PAX Global security.