Shell Pakistan Stock Book Value Per Share
| SHEL Stock | 165.70 5.13 3.19% |
Shell Pakistan fundamentals help investors to digest information that contributes to Shell Pakistan's financial success or failures. It also enables traders to predict the movement of Shell Stock. The fundamental analysis module provides a way to measure Shell Pakistan'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 Shell Pakistan stock.
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Shell Pakistan Company Book Value Per Share Analysis
Shell Pakistan'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.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
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.
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In accordance with the recently published financial statements, the book value per share of Shell Pakistan is about 0.0 times. This is 100.0% lower than that of the Energy sector and about the same as Oil & Gas (which currently averages 0.0) industry. The book value per share for all Pakistan stocks is 100.0% higher than that of the company.
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Shell Fundamentals
| Revenue | 249.21 B | |||
| EBITDA | 9.39 B | |||
| Net Income | 4.47 B | |||
| Cash Flow From Operations | 4.65 B | |||
| Total Asset | 84.93 B | |||
| Z Score | 2.0 | |||
| Net Asset | 84.93 B |
About Shell Pakistan Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Shell Pakistan's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shell Pakistan using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shell Pakistan 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.
Pair Trading with Shell Pakistan
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Shell Pakistan position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Shell Pakistan will appreciate offsetting losses from the drop in the long position's value.Moving together with Shell Stock
| 0.7 | OGDC | Oil and Gas | PairCorr |
| 0.68 | PSO | Pakistan State Oil | PairCorr |
| 0.66 | PPL | Pakistan Petroleum | PairCorr |
| 0.67 | FFC | Fauji Fertilizer | PairCorr |
| 0.7 | HBL | Habib Bank | PairCorr |
The ability to find closely correlated positions to Shell Pakistan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shell Pakistan when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Shell Pakistan - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Shell Pakistan to buy it.
The correlation of Shell Pakistan is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Shell Pakistan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shell Pakistan moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Shell Pakistan can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Shell Stock
Shell Pakistan financial ratios help investors to determine whether Shell 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 Shell with respect to the benefits of owning Shell Pakistan security.