Tecan Group Ag Stock Price To Book

TECN Stock  CHF 214.20  4.20  2.00%   
Tecan Group AG fundamentals help investors to digest information that contributes to Tecan Group's financial success or failures. It also enables traders to predict the movement of Tecan Stock. The fundamental analysis module provides a way to measure Tecan Group'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 Tecan Group 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.

Tecan Group AG Company Price To Book Analysis

Tecan Group'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 Tecan Group Price To Book

    
  4.13 X  
Most of Tecan Group'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, Tecan Group AG 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, Tecan Group AG has a Price To Book of 4.135 times. This is 83.9% lower than that of the Healthcare sector and 27.07% lower than that of the Medical Devices industry. The price to book for all Switzerland stocks is 56.52% higher than that of the company.

Tecan Price To Book Peer Comparison

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

Tecan Fundamentals

About Tecan Group Fundamental Analysis

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

When running Tecan Group's price analysis, check to measure Tecan Group'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 Tecan Group is operating at the current time. Most of Tecan Group's value examination focuses on studying past and present price action to predict the probability of Tecan Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tecan Group's price. Additionally, you may evaluate how the addition of Tecan Group to your portfolios can decrease your overall portfolio volatility.