Umax Group Corp Stock Price To Book

UMAX Stock  USD 0.0001  0.00  0.00%   
UMAX Group Corp fundamentals help investors to digest information that contributes to UMAX Group's financial success or failures. It also enables traders to predict the movement of UMAX Stock. The fundamental analysis module provides a way to measure UMAX 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 UMAX Group stock.
Price To Book Ratio is likely to drop to -1.14 in 2024.
  
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UMAX Group Corp Company Price To Book Analysis

UMAX 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

UMAX Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for UMAX Group is extremely important. It helps to project a fair market value of UMAX Stock properly, considering its historical fundamentals such as Price To Book. Since UMAX Group's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of UMAX Group's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of UMAX Group's interrelated accounts and indicators.
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

UMAX Book Value Per Share

Book Value Per Share

(0.002393)

At this time, UMAX Group's Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, UMAX Group Corp has a Price To Book of 0.0 times. This is 100.0% lower than that of the Leisure Products sector and about the same as Consumer Discretionary (which currently averages 0.0) industry. The price to book for all United States stocks is 100.0% higher than that of the company.

UMAX Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses UMAX 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 UMAX Group could also be used in its relative valuation, which is a method of valuing UMAX Group by comparing valuation metrics of similar companies.
UMAX Group is currently under evaluation in price to book category among its peers.

UMAX Fundamentals

About UMAX Group Fundamental Analysis

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

When running UMAX Group's price analysis, check to measure UMAX 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 UMAX Group is operating at the current time. Most of UMAX Group's value examination focuses on studying past and present price action to predict the probability of UMAX 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 UMAX Group's price. Additionally, you may evaluate how the addition of UMAX Group to your portfolios can decrease your overall portfolio volatility.