Cleanaway Waste Management Stock Price To Book

TSPCF Stock  USD 2.14  0.49  29.70%   
Cleanaway Waste Management fundamentals help investors to digest information that contributes to Cleanaway Waste's financial success or failures. It also enables traders to predict the movement of Cleanaway Pink Sheet. The fundamental analysis module provides a way to measure Cleanaway Waste'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 Cleanaway Waste pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Cleanaway Waste Management Company Price To Book Analysis

Cleanaway Waste'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 Cleanaway Waste Price To Book

    
  2.33 X  
Most of Cleanaway Waste'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, Cleanaway Waste Management 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, Cleanaway Waste Management has a Price To Book of 2.3274 times. This is 60.55% lower than that of the Industrials sector and 73.16% lower than that of the Waste Management industry. The price to book for all United States stocks is 75.53% higher than that of the company.

Cleanaway Price To Book Peer Comparison

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

Cleanaway Fundamentals

About Cleanaway Waste Fundamental Analysis

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

Cleanaway Waste financial ratios help investors to determine whether Cleanaway Pink Sheet 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 Cleanaway with respect to the benefits of owning Cleanaway Waste security.