Sona Nanotech Stock Price To Book

SNANF Stock  USD 0.19  0.01  5.56%   
Sona Nanotech fundamentals help investors to digest information that contributes to Sona Nanotech's financial success or failures. It also enables traders to predict the movement of Sona OTC Stock. The fundamental analysis module provides a way to measure Sona Nanotech'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 Sona Nanotech 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.

Sona Nanotech OTC Stock Price To Book Analysis

Sona Nanotech'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 Sona Nanotech Price To Book

    
  21.86 X  
Most of Sona Nanotech'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, Sona Nanotech 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, Sona Nanotech has a Price To Book of 21.8563 times. This is 14.89% lower than that of the Healthcare sector and 187.58% higher than that of the Diagnostics & Research industry. The price to book for all United States stocks is 129.82% lower than that of the firm.

Sona Price To Book Peer Comparison

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

Sona Fundamentals

About Sona Nanotech Fundamental Analysis

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

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Other Information on Investing in Sona OTC Stock

Sona Nanotech financial ratios help investors to determine whether Sona OTC 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 Sona with respect to the benefits of owning Sona Nanotech security.