Xref Stock Price To Book

XF1 Stock   0.21  0.01  4.55%   
Xref fundamentals help investors to digest information that contributes to Xref's financial success or failures. It also enables traders to predict the movement of Xref Stock. The fundamental analysis module provides a way to measure Xref'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 Xref 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.

Xref Company Price To Book Analysis

Xref'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 Xref Price To Book

    
  23.30 X  
Most of Xref'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, Xref 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, Xref has a Price To Book of 23.2957 times. This is much higher than that of the Diversified Consumer Services sector and significantly higher than that of the Consumer Discretionary industry. The price to book for all Australia stocks is notably lower than that of the firm.

Xref Price To Book Peer Comparison

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

Xref Fundamentals

About Xref Fundamental Analysis

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Xref Stock Analysis

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