PharmaResources Gross Profit vs. Price To Book
| 301230 Stock | 26.86 1.21 4.31% |
For PharmaResources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PharmaResources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PharmaResources Co Ltd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PharmaResources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PharmaResources Co Ltd over time as well as its relative position and ranking within its peers.
PharmaResources |
PharmaResources Price To Book vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PharmaResources's current stock value. Our valuation model uses many indicators to compare PharmaResources value to that of its competitors to determine the firm's financial worth. PharmaResources Co Ltd is number one stock in gross profit category among its peers. It also is number one stock in price to book category among its peers . The ratio of Gross Profit to Price To Book for PharmaResources Co Ltd is about 46,118,344 . Comparative valuation analysis is a catch-all model that can be used if you cannot value PharmaResources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for PharmaResources' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.PharmaResources Price To Book vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
PharmaResources |
| = | 172.99 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
PharmaResources |
| = | 3.75 X |
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.
PharmaResources Price To Book Comparison
PharmaResources is currently under evaluation in price to book category among its peers.
PharmaResources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PharmaResources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PharmaResources will eventually generate negative long term returns. The profitability progress is the general direction of PharmaResources' change in net profit over the period of time. It can combine multiple indicators of PharmaResources, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
PharmaResources is entity of China. It is traded as Stock on SHE exchange.
PharmaResources Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PharmaResources. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of PharmaResources position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the PharmaResources' important profitability drivers and their relationship over time.
Use PharmaResources in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PharmaResources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PharmaResources will appreciate offsetting losses from the drop in the long position's value.PharmaResources Pair Trading
PharmaResources Co Ltd Pair Trading Analysis
The ability to find closely correlated positions to PharmaResources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PharmaResources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PharmaResources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PharmaResources Co Ltd to buy it.
The correlation of PharmaResources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PharmaResources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PharmaResources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PharmaResources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your PharmaResources position
In addition to having PharmaResources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential. The Macroaxis Picks theme has 50 constituents at this time.
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Other Information on Investing in PharmaResources Stock
To fully project PharmaResources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PharmaResources at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include PharmaResources' income statement, its balance sheet, and the statement of cash flows.