Ssab Ab Adr Stock Price To Earning
SSAAY Stock | USD 2.27 0.07 2.99% |
SSAB AB ADR fundamentals help investors to digest information that contributes to SSAB AB's financial success or failures. It also enables traders to predict the movement of SSAB Pink Sheet. The fundamental analysis module provides a way to measure SSAB AB'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 SSAB AB pink sheet.
SSAB |
SSAB AB ADR Company Price To Earning Analysis
SSAB AB's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current SSAB AB Price To Earning | 2.23 X |
Most of SSAB AB's fundamental indicators, such as Price To Earning, 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, SSAB AB ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition |
Based on the latest financial disclosure, SSAB AB ADR has a Price To Earning of 2.23 times. This is 97.87% lower than that of the Basic Materials sector and 90.47% lower than that of the Steel industry. The price to earning for all United States stocks is 92.24% higher than that of the company.
SSAB Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SSAB AB's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of SSAB AB could also be used in its relative valuation, which is a method of valuing SSAB AB by comparing valuation metrics of similar companies.SSAB AB is currently under evaluation in price to earning category among its peers.
SSAB Fundamentals
Return On Equity | -0.15 | |||
Return On Asset | -0.0247 | |||
Profit Margin | (0.08) % | |||
Current Valuation | 4.98 B | |||
Shares Outstanding | 2.06 B | |||
Price To Earning | 2.23 X | |||
Price To Book | 0.63 X | |||
Price To Sales | 0.52 X | |||
Revenue | 95.89 B | |||
Gross Profit | 1.65 B | |||
EBITDA | 22.14 B | |||
Net Income | 14.66 B | |||
Cash And Equivalents | 467.06 M | |||
Cash Per Share | 0.23 X | |||
Total Debt | 8.49 B | |||
Debt To Equity | 0.12 % | |||
Current Ratio | 2.14 X | |||
Book Value Per Share | 3.20 X | |||
Cash Flow From Operations | 14.87 B | |||
Earnings Per Share | 1.15 X | |||
Number Of Employees | 14.49 K | |||
Beta | 1.35 | |||
Market Capitalization | 7.02 B | |||
Total Asset | 112.02 B | |||
Retained Earnings | 16.64 B | |||
Working Capital | 15.55 B | |||
Current Asset | 28.26 B | |||
Current Liabilities | 12.71 B | |||
Annual Yield | 0.08 % | |||
Net Asset | 112.02 B |
About SSAB AB Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SSAB AB ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SSAB AB using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SSAB AB ADR 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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for SSAB Pink Sheet Analysis
When running SSAB AB's price analysis, check to measure SSAB AB's 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 SSAB AB is operating at the current time. Most of SSAB AB's value examination focuses on studying past and present price action to predict the probability of SSAB AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SSAB AB's price. Additionally, you may evaluate how the addition of SSAB AB to your portfolios can decrease your overall portfolio volatility.