Radiant Logistics Stock Price To Book

RLGT Stock  USD 7.59  0.05  0.66%   
Radiant Logistics fundamentals help investors to digest information that contributes to Radiant Logistics' financial success or failures. It also enables traders to predict the movement of Radiant Stock. The fundamental analysis module provides a way to measure Radiant Logistics' 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 Radiant Logistics stock.
Price To Book Ratio is likely to gain to 3.59 in 2024.
  
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Radiant Logistics Company Price To Book Analysis

Radiant Logistics' 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 Radiant Logistics Price To Book

    
  1.67 X  
Most of Radiant Logistics' 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, Radiant Logistics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Radiant Price To Book Driver Correlations

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

Today, most investors in Radiant Logistics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Radiant Logistics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Radiant Logistics price to book as a starting point in their analysis.
   Radiant Logistics Price To Book   
       Timeline  
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

Radiant Book Value Per Share

Book Value Per Share

0.19

At this time, Radiant Logistics' Book Value Per Share is comparatively stable compared to the past year.
Based on the latest financial disclosure, Radiant Logistics has a Price To Book of 1.6657 times. This is 71.77% lower than that of the Air Freight & Logistics sector and significantly higher than that of the Industrials industry. The price to book for all United States stocks is 82.48% higher than that of the company.

Radiant Price To Book Peer Comparison

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

Radiant Logistics Current Valuation Drivers

We derive many important indicators used in calculating different scores of Radiant Logistics from analyzing Radiant Logistics' financial statements. These drivers represent accounts that assess Radiant Logistics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Radiant Logistics' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap194.9M345.7M367.8M323.8M256.9M18.5M
Enterprise Value228.5M404.9M461.9M360.6M290.0M13.3M

Radiant Logistics ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Radiant Logistics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Radiant Logistics' managers, analysts, and investors.
Environmental
Governance
Social

Radiant Fundamentals

About Radiant Logistics Fundamental Analysis

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

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