Renavotio Stock Price To Book

RIIIDelisted Stock  USD 0  0.0004  25.00%   
Renavotio fundamentals help investors to digest information that contributes to Renavotio's financial success or failures. It also enables traders to predict the movement of Renavotio OTC Stock. The fundamental analysis module provides a way to measure Renavotio'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 Renavotio otc 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.

Renavotio OTC Stock Price To Book Analysis

Renavotio'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 Renavotio Price To Book

    
  0.58 X  
Most of Renavotio'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, Renavotio 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, Renavotio has a Price To Book of 0.585 times. This is 90.08% lower than that of the Industrials sector and 61.76% lower than that of the Engineering & Construction industry. The price to book for all United States stocks is 93.85% higher than that of the company.

Renavotio Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Renavotio's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Renavotio could also be used in its relative valuation, which is a method of valuing Renavotio by comparing valuation metrics of similar companies.
Renavotio is currently under evaluation in price to book category among its peers.

Renavotio Fundamentals

About Renavotio Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Renavotio's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renavotio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renavotio based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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

Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Other Consideration for investing in Renavotio OTC Stock

If you are still planning to invest in Renavotio check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Renavotio's history and understand the potential risks before investing.
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