Align Technology Ptb Ratio Over Time

ALGN Stock  USD 229.66  1.73  0.76%   
With this module, investors can use any or all of fundamental ratio historical patterns as a complementary method for asset selection as well as a tool for deciding entry and exit points. Many technical investors use fundamentals to limit their universe of possible portfolio assets.
Check out Align Technology Performance and Align Technology Correlation.
To learn how to invest in Align Stock, please use our How to Invest in Align Technology guide.
  
As of the 29th of November 2024, Common Stock Shares Outstanding is likely to drop to about 74.1 M. In addition to that, Net Income Applicable To Common Shares is likely to drop to about 314 M.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Align Technology. If investors know Align will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Align Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Earnings Share
5.86
Revenue Per Share
52.669
Quarterly Revenue Growth
0.018
Return On Assets
0.067
The market value of Align Technology is measured differently than its book value, which is the value of Align that is recorded on the company's balance sheet. Investors also form their own opinion of Align Technology's value that differs from its market value or its book value, called intrinsic value, which is Align Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Align Technology's market value can be influenced by many factors that don't directly affect Align Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Align Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Align Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Align Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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Align Technology
ALGN
ClassificationTrump Equities
LocationCalifornia; U.S.A
ExchangeNASDAQ Exchange
USD 229.66
When determining whether Align Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Align Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Align Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Align Technology Stock:
Check out Align Technology Performance and Align Technology Correlation.
To learn how to invest in Align Stock, please use our How to Invest in Align Technology guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Align Technology technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Align Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Align Technology trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...