Cofoe Medical Technology Stock Price To Book

301087 Stock   37.78  0.44  1.18%   
Cofoe Medical Technology fundamentals help investors to digest information that contributes to Cofoe Medical's financial success or failures. It also enables traders to predict the movement of Cofoe Stock. The fundamental analysis module provides a way to measure Cofoe Medical'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 Cofoe Medical 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.

Cofoe Medical Technology Company Price To Book Analysis

Cofoe Medical'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

Current Cofoe Medical Price To Book

    
  1.65 X  
Most of Cofoe Medical's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cofoe Medical Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, Cofoe Medical Technology has a Price To Book of 1.6461 times. This is 93.59% lower than that of the Health Care Equipment & Supplies sector and 70.97% lower than that of the Health Care industry. The price to book for all China stocks is 82.69% higher than that of the company.

Cofoe Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cofoe Medical's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cofoe Medical could also be used in its relative valuation, which is a method of valuing Cofoe Medical by comparing valuation metrics of similar companies.
Cofoe Medical is currently under evaluation in price to book category among its peers.

Cofoe Fundamentals

About Cofoe Medical Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cofoe Medical Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cofoe Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cofoe Medical Technology 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.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Cofoe Stock

Cofoe Medical financial ratios help investors to determine whether Cofoe 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 Cofoe with respect to the benefits of owning Cofoe Medical security.