Likhitha Infrastructure Price To Book vs. Current Valuation
| LIKHITHA | 322.70 1.95 0.60% |
For Likhitha Infrastructure profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Likhitha Infrastructure to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Likhitha Infrastructure Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Likhitha Infrastructure's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Likhitha Infrastructure Limited over time as well as its relative position and ranking within its peers.
Likhitha |
Likhitha Infrastructure Current Valuation vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Likhitha Infrastructure's current stock value. Our valuation model uses many indicators to compare Likhitha Infrastructure value to that of its competitors to determine the firm's financial worth. Likhitha Infrastructure Limited is currently regarded as number one stock in price to book category among its peers. It also is considered the number one company in current valuation category among its peers reporting about 3,110,725,327 of Current Valuation per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value Likhitha Infrastructure by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Likhitha Infrastructure'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.Likhitha Current Valuation 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.
Likhitha Infrastructure |
| = | 3.85 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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Likhitha Infrastructure |
| = | 11.97 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Likhitha Current Valuation vs Competition
Likhitha Infrastructure Limited is considered the number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is now estimated at about 491.19 Billion. Likhitha Infrastructure holds roughly 11.97 Billion in current valuation claiming about 2.44% of equities under Energy industry.
Likhitha Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Likhitha Infrastructure. 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 Likhitha Infrastructure 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 Likhitha Infrastructure's important profitability drivers and their relationship over time.
Use Likhitha Infrastructure 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 Likhitha Infrastructure 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 Likhitha Infrastructure will appreciate offsetting losses from the drop in the long position's value.Likhitha Infrastructure Pair Trading
Likhitha Infrastructure Limited Pair Trading Analysis
The ability to find closely correlated positions to Likhitha Infrastructure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Likhitha Infrastructure 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 Likhitha Infrastructure - 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 Likhitha Infrastructure Limited to buy it.
The correlation of Likhitha Infrastructure 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 Likhitha Infrastructure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Likhitha Infrastructure 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 Likhitha Infrastructure 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 Likhitha Infrastructure position
In addition to having Likhitha Infrastructure 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 Likhitha Stock
To fully project Likhitha Infrastructure's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Likhitha Infrastructure 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 Likhitha Infrastructure's income statement, its balance sheet, and the statement of cash flows.