Krung Thai Revenue vs. Price To Book
| KTHAFDelisted Stock | USD 0.55 0.00 0.00% |
For Krung Thai profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Krung Thai to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Krung Thai Bank utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Krung Thai's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Krung Thai Bank over time as well as its relative position and ranking within its peers.
Krung |
Krung Thai Bank Price To Book vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Krung Thai's current stock value. Our valuation model uses many indicators to compare Krung Thai value to that of its competitors to determine the firm's financial worth. Krung Thai Bank is considered the number one company in revenue category among its peers. It also is currently regarded as number one stock in price to book category among its peers . The ratio of Revenue to Price To Book for Krung Thai Bank is about 344,223,304,400 . 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 Krung Thai's earnings, one of the primary drivers of an investment's value.Krung Revenue vs. Competition
Krung Thai Bank is considered the number one company in revenue category among its peers. Market size based on revenue of Banks-Regional industry is now estimated at about 177.94 Billion. Krung Thai totals roughly 115.01 Billion in revenue claiming about 65% of stocks in Banks-Regional industry.
Krung Price To Book vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Krung Thai |
| = | 115.01 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Krung Thai |
| = | 0.33 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.
Krung Price To Book Comparison
Krung Thai is currently under evaluation in price to book category among its peers.
Krung Thai Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Krung Thai, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Krung Thai will eventually generate negative long term returns. The profitability progress is the general direction of Krung Thai's change in net profit over the period of time. It can combine multiple indicators of Krung Thai, 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.
Krung Thai Bank Public Company Limited provides various commercial banking products and services. Krung Thai Bank Public Company Limited was founded in 1966 and is headquartered in Bangkok, Thailand. Krung Thai is traded on OTC Exchange in the United States.
Krung Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Krung Thai. 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 Krung Thai 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 Krung Thai's important profitability drivers and their relationship over time.
Use Krung Thai 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 Krung Thai 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 Krung Thai will appreciate offsetting losses from the drop in the long position's value.Krung Thai Pair Trading
Krung Thai Bank Pair Trading Analysis
The ability to find closely correlated positions to Krung Thai could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Krung Thai 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 Krung Thai - 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 Krung Thai Bank to buy it.
The correlation of Krung Thai 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 Krung Thai moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Krung Thai Bank 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 Krung Thai 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 Krung Thai position
In addition to having Krung Thai 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 Machinery Thematic Idea Now
Machinery
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Machinery theme has 61 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 Machinery Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Other Consideration for investing in Krung Pink Sheet
If you are still planning to invest in Krung Thai Bank check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Krung Thai's history and understand the potential risks before investing.
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