ASURE SOFTWARE Price To Sales vs. Price To Book
| VTE1 Stock | EUR 9.20 0.10 1.10% |
For ASURE SOFTWARE profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ASURE SOFTWARE to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ASURE SOFTWARE utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ASURE SOFTWARE's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ASURE SOFTWARE over time as well as its relative position and ranking within its peers.
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ASURE SOFTWARE Price To Book vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ASURE SOFTWARE's current stock value. Our valuation model uses many indicators to compare ASURE SOFTWARE value to that of its competitors to determine the firm's financial worth. ASURE SOFTWARE is rated first in price to sales category among its peers. It is rated first in price to book category among its peers fabricating about 0.61 of Price To Book per Price To Sales. The ratio of Price To Sales to Price To Book for ASURE SOFTWARE is roughly 1.65 . 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 ASURE SOFTWARE's earnings, one of the primary drivers of an investment's value.ASURE Price To Book vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
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| = | 1.87 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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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| = | 1.13 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.
ASURE Price To Book Comparison
ASURE SOFTWARE is currently under evaluation in price to book category among its peers.
ASURE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ASURE SOFTWARE. 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 ASURE SOFTWARE 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 ASURE SOFTWARE's important profitability drivers and their relationship over time.
Use ASURE SOFTWARE 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 ASURE SOFTWARE 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 ASURE SOFTWARE will appreciate offsetting losses from the drop in the long position's value.ASURE SOFTWARE Pair Trading
ASURE SOFTWARE Pair Trading Analysis
The ability to find closely correlated positions to ASURE SOFTWARE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASURE SOFTWARE 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 ASURE SOFTWARE - 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 ASURE SOFTWARE to buy it.
The correlation of ASURE SOFTWARE 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 ASURE SOFTWARE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASURE SOFTWARE 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 ASURE SOFTWARE 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 ASURE SOFTWARE position
In addition to having ASURE SOFTWARE 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 Management Thematic Idea Now
Management
Companies providing management services to businesses. The Management 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 Management Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in ASURE Stock
When determining whether ASURE SOFTWARE is a strong investment it is important to analyze ASURE SOFTWARE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ASURE SOFTWARE's future performance. For an informed investment choice regarding ASURE Stock, refer to the following important reports:Check out World Market Map. For information on how to trade ASURE Stock refer to our How to Trade ASURE Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
To fully project ASURE SOFTWARE's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ASURE SOFTWARE 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 ASURE SOFTWARE's income statement, its balance sheet, and the statement of cash flows.