Reshape Lifesciences Stock Price To Book

RSLS Stock  USD 3.77  0.08  2.08%   
ReShape Lifesciences fundamentals help investors to digest information that contributes to ReShape Lifesciences' financial success or failures. It also enables traders to predict the movement of ReShape Stock. The fundamental analysis module provides a way to measure ReShape Lifesciences' 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 ReShape Lifesciences stock.
Price To Book Ratio is likely to drop to 0.24 in 2025.
  
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ReShape Lifesciences Company Price To Book Analysis

ReShape Lifesciences' 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 ReShape Lifesciences Price To Book

    
  1.89 X  
Most of ReShape Lifesciences' 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, ReShape Lifesciences is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ReShape Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for ReShape Lifesciences is extremely important. It helps to project a fair market value of ReShape Stock properly, considering its historical fundamentals such as Price To Book. Since ReShape Lifesciences' 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 ReShape Lifesciences' 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 ReShape Lifesciences' interrelated accounts and indicators.
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0.290.280.240.15-0.95-0.190.06-0.170.040.470.52-0.22-0.170.7-0.07-0.35-0.110.360.590.18
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0.280.27-0.590.20.140.50.190.44-0.17-0.16-0.560.03-0.06-0.260.560.530.22-0.45-0.06-0.42
-0.070.040.41-0.46-0.71-0.370.08-0.330.7-0.140.20.610.1-0.26-0.1-0.45-0.150.470.80.29
-0.04-0.01-0.75-0.10.140.470.830.49-0.07-0.41-0.570.52-0.190.56-0.10.680.48-0.780.1-0.72
0.230.22-0.920.120.330.80.510.84-0.35-0.27-0.590.27-0.120.53-0.450.680.57-0.84-0.08-0.83
0.280.28-0.430.110.120.530.340.48-0.110.0-0.170.19-0.130.22-0.150.480.57-0.44-0.06-0.41
0.130.150.88-0.02-0.45-0.64-0.71-0.730.360.290.61-0.180.32-0.450.47-0.78-0.84-0.440.30.88
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Click cells to compare fundamentals
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

ReShape Book Value Per Share

Book Value Per Share

55.47

At this time, ReShape Lifesciences' Book Value Per Share is comparatively stable compared to the past year.
Based on the latest financial disclosure, ReShape Lifesciences has a Price To Book of 1.8875 times. This is 92.65% lower than that of the Health Care Equipment & Supplies sector and 66.71% lower than that of the Health Care industry. The price to book for all United States stocks is 80.15% higher than that of the company.

ReShape Price To Book Peer Comparison

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

ReShape Lifesciences Current Valuation Drivers

We derive many important indicators used in calculating different scores of ReShape Lifesciences from analyzing ReShape Lifesciences' financial statements. These drivers represent accounts that assess ReShape Lifesciences' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ReShape Lifesciences' important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap17.6M17.9M2.9M1.5M1.7M1.6M
Enterprise Value15.1M(4.6M)(823.6K)(2.7M)(3.1M)(3.0M)

ReShape Lifesciences 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, ReShape Lifesciences' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ReShape Lifesciences' managers, analysts, and investors.
Environmental
Governance
Social

ReShape Fundamentals

About ReShape Lifesciences Fundamental Analysis

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

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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 ReShape Stock Analysis

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