Pandora AS Price To Book vs. Current Valuation
| PNDORA Stock | DKK 1,120 34.00 3.13% |
For Pandora AS profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pandora AS to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pandora AS utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pandora AS's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pandora AS over time as well as its relative position and ranking within its peers.
Pandora |
Pandora AS Current Valuation vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Pandora AS's current stock value. Our valuation model uses many indicators to compare Pandora AS value to that of its competitors to determine the firm's financial worth. Pandora AS is considered to be number one stock in price to book category among its peers. It also is rated top company in current valuation category among its peers reporting about 6,786,102,622 of Current Valuation per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value Pandora AS by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Pandora AS'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.Pandora 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.
Pandora AS |
| = | 8.29 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.
Pandora AS |
| = | 56.29 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.
Pandora Current Valuation vs Competition
Pandora AS is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is at this time estimated at about 117.14 Billion. Pandora AS totals roughly 56.29 Billion in current valuation claiming about 48% of stocks in Consumer Discretionary industry.
Pandora AS Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Pandora AS, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pandora AS will eventually generate negative long term returns. The profitability progress is the general direction of Pandora AS's change in net profit over the period of time. It can combine multiple indicators of Pandora AS, 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.
Pandora AS designs, manufactures, and markets hand-finished and contemporary jewelry worldwide. Pandora AS was founded in 1982 and is headquartered in Copenhagen, Denmark. Pandora AS operates under Luxury Goods classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 26000 people.
Pandora Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Pandora AS. 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 Pandora AS 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 Pandora AS's important profitability drivers and their relationship over time.
Use Pandora AS 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 Pandora AS 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 Pandora AS will appreciate offsetting losses from the drop in the long position's value.Pandora AS Pair Trading
Pandora AS Pair Trading Analysis
The ability to find closely correlated positions to Pandora AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pandora AS 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 Pandora AS - 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 Pandora AS to buy it.
The correlation of Pandora AS 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 Pandora AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pandora AS 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 Pandora AS 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 Pandora AS position
In addition to having Pandora AS 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 Pandora Stock
To fully project Pandora AS's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pandora AS 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 Pandora AS's income statement, its balance sheet, and the statement of cash flows.