Sunny Optical Technology Stock Price To Book

SXC Stock  EUR 7.02  0.18  2.63%   
Sunny Optical Technology fundamentals help investors to digest information that contributes to Sunny Optical's financial success or failures. It also enables traders to predict the movement of Sunny Stock. The fundamental analysis module provides a way to measure Sunny Optical'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 Sunny Optical 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.

Sunny Optical Technology Company Price To Book Analysis

Sunny Optical'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 Sunny Optical Price To Book

    
  4.36 X  
Most of Sunny Optical'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, Sunny Optical Technology 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, Sunny Optical Technology has a Price To Book of 4.3596 times. This is 61.32% lower than that of the Technology sector and 65.15% lower than that of the Electronic Components industry. The price to book for all Germany stocks is 54.16% higher than that of the company.

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Sunny Fundamentals

About Sunny Optical Fundamental Analysis

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

Sunny Optical financial ratios help investors to determine whether Sunny 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 Sunny with respect to the benefits of owning Sunny Optical security.