Seohan Const Engcoltd Stock Price To Book

011370 Stock  KRW 810.00  16.00  2.02%   
SEOHAN Const EngcoLtd fundamentals help investors to digest information that contributes to SEOHAN Const's financial success or failures. It also enables traders to predict the movement of SEOHAN Stock. The fundamental analysis module provides a way to measure SEOHAN Const's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SEOHAN Const stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

SEOHAN Const EngcoLtd Company Price To Book Analysis

SEOHAN Const's 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.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis
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.
Competition
Based on the latest financial disclosure, SEOHAN Const EngcoLtd has a Price To Book of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Construction & Engineering (which currently averages 0.0) industry. This indicator is about the same for all Republic of Korea stocks average (which is currently at 0.0).

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SEOHAN Fundamentals

About SEOHAN Const Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SEOHAN Const EngcoLtd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SEOHAN Const using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SEOHAN Const EngcoLtd based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with SEOHAN Const

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 SEOHAN Const 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 SEOHAN Const will appreciate offsetting losses from the drop in the long position's value.

Moving together with SEOHAN Stock

  0.72060370 KT SubmarinePairCorr

Moving against SEOHAN Stock

  0.44011560 Sebo ManufacturingPairCorr
  0.38054930 Yooshin EngineeringPairCorr
The ability to find closely correlated positions to SEOHAN Const could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SEOHAN Const 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 SEOHAN Const - 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 SEOHAN Const EngcoLtd to buy it.
The correlation of SEOHAN Const 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 SEOHAN Const moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SEOHAN Const EngcoLtd 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 SEOHAN Const 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in SEOHAN Stock

SEOHAN Const financial ratios help investors to determine whether SEOHAN Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SEOHAN with respect to the benefits of owning SEOHAN Const security.