Mirion Technologies Price To Book vs. Price To Earning
| MIR Stock | USD 16.87 0.59 3.62% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.31 | 0.445 |
|
|
For Mirion Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mirion Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mirion Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mirion Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mirion Technologies over time as well as its relative position and ranking within its peers.
Mirion |
Mirion Technologies' Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mirion Technologies. If investors know Mirion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mirion Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.32) | Revenue Per Share 4.143 | Quarterly Revenue Growth 0.082 | Return On Assets 0.003 | Return On Equity (0.04) |
The market value of Mirion Technologies is measured differently than its book value, which is the value of Mirion that is recorded on the company's balance sheet. Investors also form their own opinion of Mirion Technologies' value that differs from its market value or its book value, called intrinsic value, which is Mirion Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mirion Technologies' market value can be influenced by many factors that don't directly affect Mirion Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mirion Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mirion Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mirion Technologies' 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.
Mirion Technologies Price To Earning vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Mirion Technologies's current stock value. Our valuation model uses many indicators to compare Mirion Technologies value to that of its competitors to determine the firm's financial worth. Mirion Technologies is rated below average in price to book category among its peers. It is rated below average in price to earning category among its peers reporting about 4.32 of Price To Earning per Price To Book. Comparative valuation analysis is a catch-all technique that is used if you cannot value Mirion Technologies by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Mirion Price To Earning 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.
Mirion Technologies |
| = | 2.58 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.
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.
Mirion Technologies |
| = | 11.14 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.
Mirion Price To Earning Comparison
Mirion Technologies is currently under evaluation in price to earning category among its peers.
Mirion Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Mirion Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mirion Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Mirion Technologies' change in net profit over the period of time. It can combine multiple indicators of Mirion Technologies, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -65.3 M | -68.6 M | |
| Net Loss | -249.2 M | -236.7 M | |
| Income Tax Expense | -6.6 M | -6.3 M | |
| Operating Income | -21.9 M | -20.8 M | |
| Income Before Tax | -105.3 M | -110.6 M | |
| Total Other Income Expense Net | -83.4 M | -79.2 M | |
| Net Loss | -96.9 M | -101.7 M | |
| Interest Income | 4.8 M | 4.6 M | |
| Net Loss | -98.7 M | -103.6 M | |
| Net Interest Income | -57.1 M | -60 M | |
| Change To Netincome | 203.2 M | 213.4 M | |
| Net Loss | (0.49) | (0.52) | |
| Income Quality | (0.98) | (1.03) | |
| Net Income Per E B T | 0.92 | 0.74 |
Mirion Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Mirion Technologies. 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 Mirion Technologies 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 Mirion Technologies' important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Mirion Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Manager Now
Portfolio ManagerState of the art Portfolio Manager to monitor and improve performance of your invested capital |
| All Next | Launch Module |
Use Investing Themes to Complement your Mirion Technologies position
In addition to having Mirion Technologies 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 Chemicals Makers Thematic Idea Now
Chemicals Makers
Companies developing chemicals for crops, soil as well as human, and animals. The Chemicals Makers theme has 41 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 Chemicals Makers Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Mirion Stock Analysis
When running Mirion Technologies' price analysis, check to measure Mirion Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mirion Technologies is operating at the current time. Most of Mirion Technologies' value examination focuses on studying past and present price action to predict the probability of Mirion Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirion Technologies' price. Additionally, you may evaluate how the addition of Mirion Technologies to your portfolios can decrease your overall portfolio volatility.