Sito Mobile Stock Price To Book

Summary

SITOQDelisted Stock

USD 0 0.00 0.00%

SITO Mobile fundamentals help investors to digest information that contributes to SITO Mobile's financial success or failures. It also enables traders to predict the movement of SITO Pink Sheet. The fundamental analysis module provides a way to measure SITO Mobile'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 SITO Mobile pink sheet.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

SITO Mobile Company Price To Book Analysis

SITO Mobile'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

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, SITO Mobile has a Price To Book of 0.0 times. This is 100.0% lower than that of the Communication Services sector and 100.0% lower than that of the Telecom Services industry. The price to book for all United States stocks is 100.0% higher than that of the company.

SITO Price To Book Peer Comparison

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

SITO Mobile is currently under evaluation in price to book category among its peers.

SITO Fundamentals

	Return On Asset	-0.47
	Profit Margin	(0.87) %
	Operating Margin	(0.30) %
	Current Valuation	4.8 M
	Shares Outstanding	25.64 M
	Number Of Shares Shorted	858.16 K
	Price To Sales	0.07 X
	Revenue	39.75 M
	Gross Profit	18.4 M
	EBITDA	(17.06 M)
	Net Income	(17.07 M)
	Cash And Equivalents	338.56 K
	Cash Per Share	0.01 X
	Total Debt	3.33 M
	Current Ratio	0.20 X
	Book Value Per Share	(0.57) X
	Cash Flow From Operations	(14.63 M)
	Short Ratio	4.85 X
	Earnings Per Share	(1.23) X
	Number Of Employees	65
	Beta	-0.3
	Market Capitalization	1.82 M
	Total Asset	22.56 M
	Z Score	1.0
	Net Asset	22.56 M

About SITO Mobile Fundamental Analysis

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

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 SITO Mobile 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 SITO Mobile will appreciate offsetting losses from the drop in the long position's value.

Moving against SITO Pink Sheet

0.72	VZ	Verizon Communications Aggressive Push	Pair Corr
0.51	NPPXF	Nippon Telegraph Tel	Pair Corr
0.51	CVI	CVR Energy	Pair Corr
0.33	LION	Lionsgate Studios Corp	Pair Corr

The ability to find closely correlated positions to SITO Mobile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SITO Mobile 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 SITO Mobile - 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 SITO Mobile to buy it.

The correlation of SITO Mobile 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 SITO Mobile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SITO Mobile 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 SITO Mobile 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.

Pair Correlation Correlation Matching

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Other Consideration for investing in SITO Pink Sheet

If you are still planning to invest in SITO Mobile 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 SITO Mobile's history and understand the potential risks before investing.

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