Touchstone Dynamic International Etf Book Value Per Share

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.

In accordance with the recently published financial statements, the book value per share of Touchstone Dynamic International is about 40.08 times. This is much higher than that of the family and significantly higher than that of the Foreign Large Blend category. The book value per share for all United States etfs is notably lower than that of the firm.

The Macroaxis Fundamental Analysis modules help investors analyze Touchstone Dynamic International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Touchstone Dynamic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Touchstone Dynamic International based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.

Check out Touchstone Dynamic Piotroski F Score and Touchstone Dynamic Altman Z Score analysis. You can also try the Stocks Directory module to find actively traded stocks across global markets.

The market value of Touchstone Dynamic is measured differently than its book value, which is the value of Touchstone that is recorded on the company's balance sheet. Investors also form their own opinion of Touchstone Dynamic's value that differs from its market value or its book value, called intrinsic value, which is Touchstone Dynamic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Touchstone Dynamic's market value can be influenced by many factors that don't directly affect Touchstone Dynamic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Touchstone Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Touchstone Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Touchstone Dynamic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.