John Bean Price To Book vs. Return On Asset
| JBT Stock | EUR 122.00 2.00 1.67% |
For John Bean profitability analysis, we use financial ratios and fundamental drivers that measure the ability of John Bean to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well John Bean Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between John Bean's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of John Bean Technologies over time as well as its relative position and ranking within its peers.
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John Bean Technologies Return On Asset vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining John Bean's current stock value. Our valuation model uses many indicators to compare John Bean value to that of its competitors to determine the firm's financial worth. John Bean Technologies is rated second overall in price to book category among its peers. It is currently regarded as number one stock in return on asset category among its peers reporting about 0.01 of Return On Asset per Price To Book. The ratio of Price To Book to Return On Asset for John Bean Technologies is roughly 75.89 . 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 John Bean's earnings, one of the primary drivers of an investment's value.John Return On Asset vs. Price To Book
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.
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| = | 3.67 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.
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.
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| = | 0.0483 |
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.
John Return On Asset Comparison
John Bean is currently under evaluation in return on asset category among its peers.
John Bean Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in John Bean, profitability is also one of the essential criteria for including it into their portfolios because, without profit, John Bean will eventually generate negative long term returns. The profitability progress is the general direction of John Bean's change in net profit over the period of time. It can combine multiple indicators of John Bean, 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.
John Bean Technologies Corporation provides technology solutions to food and beverage industry and equipment and services to air transportation industries. John Bean Technologies Corporation is headquartered in Chicago, Illinois. John Bean operates under Diversified Industrials classification in Germany and is traded on Frankfurt Stock Exchange. It employs 5900 people.
John Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on John Bean. 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 John Bean 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 John Bean's important profitability drivers and their relationship over time.
Use John Bean 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 John Bean 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 John Bean will appreciate offsetting losses from the drop in the long position's value.John Bean Pair Trading
John Bean Technologies Pair Trading Analysis
The ability to find closely correlated positions to John Bean could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace John Bean 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 John Bean - 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 John Bean Technologies to buy it.
The correlation of John Bean 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 John Bean moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if John Bean Technologies 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 John Bean 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 John Bean position
In addition to having John Bean 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 Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 43 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 Long Short Funds Theme or any other thematic opportunities.
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Other Information on Investing in John Stock
To fully project John Bean's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of John Bean Technologies 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 John Bean's income statement, its balance sheet, and the statement of cash flows.