Geojit Financial Return On Asset vs. Price To Book

GEOJITFSL   127.47  1.77  1.37%   
Taking into consideration Geojit Financial's profitability measurements, Geojit Financial Services may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess Geojit Financial's ability to earn profits and add value for shareholders.
For Geojit Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Geojit Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Geojit Financial Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Geojit Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Geojit Financial Services over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between Geojit Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Geojit Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Geojit Financial'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.

Geojit Financial Services Price To Book vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Geojit Financial's current stock value. Our valuation model uses many indicators to compare Geojit Financial value to that of its competitors to determine the firm's financial worth.
Geojit Financial Services is one of the top stocks in return on asset category among its peers. It also is one of the top stocks in price to book category among its peers fabricating about  39.32  of Price To Book per Return On Asset. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Geojit Financial's earnings, one of the primary drivers of an investment's value.

Geojit Price To Book vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Geojit Financial

Return On Asset

 = 

Net Income

Total Assets

 = 
0.1
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.

Geojit Financial

P/B

 = 

MV Per Share

BV Per Share

 = 
3.97 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.

Geojit Price To Book Comparison

Geojit Financial is currently under evaluation in price to book category among its peers.

Geojit Financial Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Geojit Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Geojit Financial will eventually generate negative long term returns. The profitability progress is the general direction of Geojit Financial's change in net profit over the period of time. It can combine multiple indicators of Geojit Financial, 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.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income428.9 M450.4 M
Operating Income3.4 B3.6 B
Income Before Tax1.9 B960 M
Total Other Income Expense Net-1.5 B-1.4 B
Net Income1.4 B903.1 M
Income Tax Expense487.6 M307.1 M
Net Income From Continuing Ops1.5 B975.6 M
Net Income Applicable To Common Shares1.1 B837.6 M
Interest Income1.1 B1.2 B
Net Interest Income965.7 M511.8 M
Change To Netincome50 M52.5 M

Geojit Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Geojit Financial. 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 Geojit Financial 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 Geojit Financial's important profitability drivers and their relationship over time.

Use Geojit Financial 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 Geojit Financial 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 Geojit Financial will appreciate offsetting losses from the drop in the long position's value.

Geojit Financial Pair Trading

Geojit Financial Services Pair Trading Analysis

The ability to find closely correlated positions to Geojit Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Geojit Financial 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 Geojit Financial - 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 Geojit Financial Services to buy it.
The correlation of Geojit Financial 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 Geojit Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Geojit Financial Services 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 Geojit Financial 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Geojit Financial position

In addition to having Geojit Financial 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?

Run Aluminum Thematic Idea Now

Aluminum
Aluminum Theme
Companies involved in production of aluminum. The Aluminum theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aluminum Theme or any other thematic opportunities.
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Other Information on Investing in Geojit Stock

To fully project Geojit Financial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Geojit Financial Services 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 Geojit Financial's income statement, its balance sheet, and the statement of cash flows.
Potential Geojit Financial investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Geojit Financial investors may work on each financial statement separately, they are all related. The changes in Geojit Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Geojit Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.