Reliance Global Group Stock Book Value Per Share

RELIW Stock

USD 0.04 0.01 21.84%

Reliance Global Group fundamentals help investors to digest information that contributes to Reliance Global's financial success or failures. It also enables traders to predict the movement of Reliance Stock. The fundamental analysis module provides a way to measure Reliance 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 Reliance Global stock.

	Last Reported	Projected for Next Year
Book Value Per Share	2.53	2.41
Tangible Book Value Per Share	(3.75)	(3.57)

Book Value Per Share is likely to drop to 2.41 in 2024. Tangible Book Value Per Share is likely to climb to -3.57 in 2024.

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Reliance Global Group Company Book Value Per Share Analysis

Reliance Global's 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 Reliance Global Book Value Per Share

1.94 X

Most of Reliance Global's 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, Reliance Global Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Reliance Book Value Per Share Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Common Stock	Current Deferred Revenue	Net Invested Capital	Short Long Term Debt	Net Working Capital	Short Term Debt	Long Term Debt	Good Will	Capital Surpluse	Intangible Assets	Property Plant Equipment	Capital Stock	Short Term Investments	Long Term Investments
Total Assets		-0.12	0.75	-0.8	0.9	0.82	0.87	0.75	0.63	0.34	0.45	0.34	-0.44	0.54	0.94	0.95	0.92	0.95	0.85	0.07	-0.2	-0.43
Total Stockholder Equity	-0.12		0.15	0.1	0.04	-0.01	-0.59	-0.46	-0.7	-0.53	0.71	0.03	0.94	0.06	0.14	0.02	-0.11	0.11	-0.07	-0.93	-0.33	-0.41
Net Debt	0.75	0.15		-0.59	0.75	0.63	0.52	0.37	0.48	0.6	0.77	0.81	-0.08	0.76	0.8	0.73	0.75	0.77	0.78	-0.18	-0.2	-0.39
Retained Earnings	-0.8	0.1	-0.59		-0.7	-0.96	-0.75	-0.91	-0.68	-0.18	-0.46	-0.23	0.34	-0.42	-0.86	-0.74	-0.87	-0.88	-0.77	-0.23	0.68	0.8
Accounts Payable	0.9	0.04	0.75	-0.7		0.82	0.7	0.57	0.45	0.28	0.55	0.42	-0.26	0.59	0.86	0.89	0.88	0.86	0.7	-0.11	-0.19	-0.41
Net Receivables	0.82	-0.01	0.63	-0.96	0.82		0.72	0.84	0.61	0.18	0.54	0.31	-0.27	0.51	0.88	0.79	0.91	0.89	0.76	0.12	-0.66	-0.78
Total Liab	0.87	-0.59	0.52	-0.75	0.7	0.72		0.88	0.87	0.53	0.04	0.26	-0.81	0.42	0.71	0.77	0.81	0.73	0.74	0.53	-0.11	-0.21
Total Current Assets	0.75	-0.46	0.37	-0.91	0.57	0.84	0.88		0.82	0.26	0.09	0.06	-0.67	0.24	0.69	0.65	0.77	0.72	0.65	0.55	-0.48	-0.55
Common Stock	0.63	-0.7	0.48	-0.68	0.45	0.61	0.87	0.82		0.72	-0.05	0.43	-0.81	0.47	0.51	0.47	0.71	0.51	0.68	0.76	-0.17	-0.2
Current Deferred Revenue	0.34	-0.53	0.6	-0.18	0.28	0.18	0.53	0.26	0.72		0.05	0.81	-0.56	0.65	0.24	0.28	0.38	0.19	0.5	0.46	0.2	0.24
Net Invested Capital	0.45	0.71	0.77	-0.46	0.55	0.54	0.04	0.09	-0.05	0.05		0.55	0.51	0.57	0.68	0.55	0.48	0.65	0.53	-0.66	-0.53	-0.66
Short Long Term Debt	0.34	0.03	0.81	-0.23	0.42	0.31	0.26	0.06	0.43	0.81	0.55		-0.04	0.87	0.41	0.35	0.45	0.34	0.58	-0.04	-0.09	-0.08
Net Working Capital	-0.44	0.94	-0.08	0.34	-0.26	-0.27	-0.81	-0.67	-0.81	-0.56	0.51	-0.04		-0.07	-0.16	-0.3	-0.37	-0.2	-0.3	-0.85	-0.24	-0.25
Short Term Debt	0.54	0.06	0.76	-0.42	0.59	0.51	0.42	0.24	0.47	0.65	0.57	0.87	-0.07		0.65	0.57	0.68	0.57	0.81	-0.03	-0.24	-0.25
Long Term Debt	0.94	0.14	0.8	-0.86	0.86	0.88	0.71	0.69	0.51	0.24	0.68	0.41	-0.16	0.65		0.92	0.93	0.99	0.91	-0.11	-0.46	-0.66
Good Will	0.95	0.02	0.73	-0.74	0.89	0.79	0.77	0.65	0.47	0.28	0.55	0.35	-0.3	0.57	0.92		0.82	0.92	0.81	-0.11	-0.27	-0.42
Capital Surpluse	0.92	-0.11	0.75	-0.87	0.88	0.91	0.81	0.77	0.71	0.38	0.48	0.45	-0.37	0.68	0.93	0.82		0.92	0.9	0.17	-0.38	-0.57
Intangible Assets	0.95	0.11	0.77	-0.88	0.86	0.89	0.73	0.72	0.51	0.19	0.65	0.34	-0.2	0.57	0.99	0.92	0.92		0.88	-0.09	-0.45	-0.66
Property Plant Equipment	0.85	-0.07	0.78	-0.77	0.7	0.76	0.74	0.65	0.68	0.5	0.53	0.58	-0.3	0.81	0.91	0.81	0.9	0.88		0.12	-0.38	-0.5
Capital Stock	0.07	-0.93	-0.18	-0.23	-0.11	0.12	0.53	0.55	0.76	0.46	-0.66	-0.04	-0.85	-0.03	-0.11	-0.11	0.17	-0.09	0.12		0.07	0.17
Short Term Investments	-0.2	-0.33	-0.2	0.68	-0.19	-0.66	-0.11	-0.48	-0.17	0.2	-0.53	-0.09	-0.24	-0.24	-0.46	-0.27	-0.38	-0.45	-0.38	0.07		0.91
Long Term Investments	-0.43	-0.41	-0.39	0.8	-0.41	-0.78	-0.21	-0.55	-0.2	0.24	-0.66	-0.08	-0.25	-0.25	-0.66	-0.42	-0.57	-0.66	-0.5	0.17	0.91

Click cells to compare fundamentals

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

Reliance Common Stock Shares Outstanding

Common Stock Shares Outstanding

318,196

At this time, Reliance Global's Common Stock Shares Outstanding is fairly stable compared to the past year.

In accordance with the recently published financial statements, the book value per share of Reliance Global Group is about 1.942 times. This is much higher than that of the Insurance sector and significantly higher than that of the Financials industry. The book value per share for all United States stocks is notably lower than that of the firm.

Reliance Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reliance Global's 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 Reliance Global could also be used in its relative valuation, which is a method of valuing Reliance Global by comparing valuation metrics of similar companies.

Reliance Global is currently under evaluation in book value per share category among its peers.

Reliance Global Current Valuation Drivers

We derive many important indicators used in calculating different scores of Reliance Global from analyzing Reliance Global's financial statements. These drivers represent accounts that assess Reliance Global's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Reliance Global's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	1.4B	638.9M	1.1B	158.6M	25.7M	24.5M
Enterprise Value	1.4B	652.8M	1.1B	174.4M	39.0M	37.0M

Reliance Fundamentals

	Return On Equity	-1.99
	Return On Asset	-0.11
	Profit Margin	(1.19) %
	Operating Margin	(0.15) %
	Number Of Shares Shorted	11.08 K
	Revenue	13.73 M
	EBITDA	(8.92 M)
	Net Income	(12.01 M)
	Cash And Equivalents	13.28 K
	Total Debt	14.54 M
	Current Ratio	0.09 X
	Book Value Per Share	1.94 X
	Cash Flow From Operations	(847.97 K)
	Number Of Employees	67
	Beta	0.28
	Market Capitalization	39.24 M
	Total Asset	23.02 M
	Retained Earnings	(39 M)
	Working Capital	1.19 M
	Net Asset	23.02 M

About Reliance Global Fundamental Analysis

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

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Additional Tools for Reliance Stock Analysis

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

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