Bangkok Land Price To Sales vs. Price To Earning
| BLAND Stock | THB 0.61 0.01 1.61% |
For Bangkok Land profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bangkok Land to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bangkok Land Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bangkok Land's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bangkok Land Public over time as well as its relative position and ranking within its peers.
Bangkok |
Bangkok Land Public Price To Earning vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bangkok Land's current stock value. Our valuation model uses many indicators to compare Bangkok Land value to that of its competitors to determine the firm's financial worth. Bangkok Land Public is number one stock in price to sales category among its peers. It also is number one stock in price to earning category among its peers reporting about 2.82 of Price To Earning per Price To Sales. Comparative valuation analysis is a catch-all model that can be used if you cannot value Bangkok Land by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bangkok Land's 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.Bangkok Price To Earning vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Bangkok Land |
| = | 6.23 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Bangkok Land |
| = | 17.55 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Bangkok Price To Earning Comparison
Bangkok Land is currently under evaluation in price to earning category among its peers.
Bangkok Land Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bangkok Land, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bangkok Land will eventually generate negative long term returns. The profitability progress is the general direction of Bangkok Land's change in net profit over the period of time. It can combine multiple indicators of Bangkok Land, 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.
Bangkok Land Public Company Limited, together with its subsidiaries, engages in the real estate development, exhibition and convention, food and beverage, and hotel investment businesses in Thailand. Bangkok Land Public Company Limited is based in Nonthaburi, Thailand. BANGKOK LAND operates under Diversified Real Estate classification in Thailand and is traded on Stock Exchange of Thailand.
Bangkok Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bangkok Land. 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 Bangkok Land 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 Bangkok Land's important profitability drivers and their relationship over time.
Use Bangkok Land 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 Bangkok Land 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 Bangkok Land will appreciate offsetting losses from the drop in the long position's value.Bangkok Land Pair Trading
Bangkok Land Public Pair Trading Analysis
The ability to find closely correlated positions to Bangkok Land could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bangkok Land 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 Bangkok Land - 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 Bangkok Land Public to buy it.
The correlation of Bangkok Land 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 Bangkok Land moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bangkok Land Public 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 Bangkok Land 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 Bangkok Land position
In addition to having Bangkok Land 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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Other Information on Investing in Bangkok Stock
To fully project Bangkok Land's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Bangkok Land Public 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 Bangkok Land's income statement, its balance sheet, and the statement of cash flows.