Abl Diagnostics Sa Stock Price To Book
| ABLD Stock | 2.40 0.10 4.00% |
AbL Diagnostics SA fundamentals help investors to digest information that contributes to AbL Diagnostics' financial success or failures. It also enables traders to predict the movement of AbL Stock. The fundamental analysis module provides a way to measure AbL Diagnostics' 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 AbL Diagnostics stock.
AbL |
AbL Diagnostics SA Company Price To Book Analysis
AbL Diagnostics' 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.
Current AbL Diagnostics Price To Book | 11.59 X |
Most of AbL Diagnostics' 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, AbL Diagnostics SA 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, AbL Diagnostics SA has a Price To Book of 11.5911 times. This is 96.46% higher than that of the Industrials sector and 265.65% higher than that of the Railroads industry. The price to book for all France stocks is 21.88% lower than that of the firm.
AbL Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AbL Diagnostics' 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 AbL Diagnostics could also be used in its relative valuation, which is a method of valuing AbL Diagnostics by comparing valuation metrics of similar companies.AbL Diagnostics is currently under evaluation in price to book category among its peers.
AbL Fundamentals
| Return On Equity | -0.0612 | |||
| Return On Asset | -0.0402 | |||
| Current Valuation | 26.3 M | |||
| Shares Outstanding | 2.01 M | |||
| Shares Owned By Insiders | 12.08 % | |||
| Price To Book | 11.59 X | |||
| Price To Sales | 1,000,000 X | |||
| Gross Profit | (101.62 K) | |||
| Net Income | 257.87 K | |||
| Cash And Equivalents | 2.7 M | |||
| Book Value Per Share | 1.25 X | |||
| Cash Flow From Operations | (56.69 K) | |||
| Earnings Per Share | (0.08) X | |||
| Beta | -0.13 | |||
| Market Capitalization | 23.76 M | |||
| Total Asset | 2.71 M | |||
| Net Asset | 2.71 M |
About AbL Diagnostics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AbL Diagnostics SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AbL Diagnostics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AbL Diagnostics SA 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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AbL Diagnostics financial ratios help investors to determine whether AbL 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 AbL with respect to the benefits of owning AbL Diagnostics security.