Mfs Municipal Income Fund Price To Book
| XMFMX Fund | USD 6.27 0.02 0.32% |
Mfs Municipal Income fundamentals help investors to digest information that contributes to Mfs Municipal's financial success or failures. It also enables traders to predict the movement of Mfs Mutual Fund. The fundamental analysis module provides a way to measure Mfs Municipal'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 Mfs Municipal mutual fund.
Mfs |
Mfs Municipal Income Mutual Fund Price To Book Analysis
Mfs Municipal'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.
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.
Based on the latest financial disclosure, Mfs Municipal Income has a Price To Book of 0.0 times. This is 100.0% lower than that of the Category family and 100.0% lower than that of the Family category. The price to book for all United States funds is 100.0% higher than that of the company.
Mfs Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mfs Municipal's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Mfs Municipal could also be used in its relative valuation, which is a method of valuing Mfs Municipal by comparing valuation metrics of similar companies.Mfs Municipal is currently under evaluation in price to book among similar funds.
Mfs Fundamentals
About Mfs Municipal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mfs Municipal Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mfs Municipal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mfs Municipal Income based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Mfs Mutual Fund
Mfs Municipal financial ratios help investors to determine whether Mfs Mutual Fund 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 Mfs with respect to the benefits of owning Mfs Municipal security.
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