Atmus Filtration Technologies Stock Price To Book

ATMU Stock   39.25  0.47  1.21%   
Atmus Filtration Technologies fundamentals help investors to digest information that contributes to Atmus Filtration's financial success or failures. It also enables traders to predict the movement of Atmus Stock. The fundamental analysis module provides a way to measure Atmus Filtration'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 Atmus Filtration stock.
Price To Book Ratio is likely to gain to 25.46 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Atmus Filtration Technologies Company Price To Book Analysis

Atmus Filtration'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 Atmus Filtration Price To Book

    
  14.57 X  
Most of Atmus Filtration'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, Atmus Filtration Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Atmus Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Atmus Filtration is extremely important. It helps to project a fair market value of Atmus Stock properly, considering its historical fundamentals such as Price To Book. Since Atmus Filtration's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Atmus Filtration's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Atmus Filtration's interrelated accounts and indicators.
-0.930.920.91-0.090.93-0.81-0.810.961.00.980.99-0.910.96-0.6-0.920.94-0.7-0.81-0.81-0.81
-0.93-0.95-1.0-0.19-0.820.940.94-0.89-0.92-0.93-0.881.0-0.950.661.0-0.930.580.940.940.94
0.92-0.950.950.290.74-0.81-0.810.950.930.970.88-0.950.99-0.48-0.950.98-0.54-0.81-0.81-0.81
0.91-1.00.950.240.8-0.95-0.950.870.90.910.85-1.00.95-0.66-1.00.92-0.57-0.95-0.95-0.95
-0.09-0.190.290.24-0.36-0.19-0.190.03-0.070.04-0.2-0.240.170.13-0.230.190.34-0.19-0.19-0.19
0.93-0.820.740.8-0.36-0.78-0.780.810.910.870.95-0.790.8-0.76-0.80.76-0.86-0.78-0.78-0.78
-0.810.94-0.81-0.95-0.19-0.781.0-0.69-0.77-0.78-0.740.94-0.80.820.94-0.760.611.01.01.0
-0.810.94-0.81-0.95-0.19-0.781.0-0.69-0.77-0.78-0.740.94-0.80.820.94-0.760.611.01.01.0
0.96-0.890.950.870.030.81-0.69-0.690.980.980.95-0.880.98-0.38-0.880.98-0.54-0.69-0.69-0.69
1.0-0.920.930.9-0.070.91-0.77-0.770.980.990.99-0.90.97-0.54-0.910.96-0.68-0.77-0.77-0.77
0.98-0.930.970.910.040.87-0.78-0.780.980.990.97-0.910.98-0.54-0.920.97-0.68-0.78-0.78-0.78
0.99-0.880.880.85-0.20.95-0.74-0.740.950.990.97-0.850.93-0.57-0.860.91-0.73-0.74-0.74-0.74
-0.911.0-0.95-1.0-0.24-0.790.940.94-0.88-0.9-0.91-0.85-0.950.631.0-0.930.540.940.940.94
0.96-0.950.990.950.170.8-0.8-0.80.980.970.980.93-0.95-0.47-0.951.0-0.54-0.8-0.8-0.8
-0.60.66-0.48-0.660.13-0.760.820.82-0.38-0.54-0.54-0.570.63-0.470.64-0.40.850.820.820.82
-0.921.0-0.95-1.0-0.23-0.80.940.94-0.88-0.91-0.92-0.861.0-0.950.64-0.930.550.940.940.94
0.94-0.930.980.920.190.76-0.76-0.760.980.960.970.91-0.931.0-0.4-0.93-0.49-0.76-0.76-0.76
-0.70.58-0.54-0.570.34-0.860.610.61-0.54-0.68-0.68-0.730.54-0.540.850.55-0.490.610.610.61
-0.810.94-0.81-0.95-0.19-0.781.01.0-0.69-0.77-0.78-0.740.94-0.80.820.94-0.760.611.01.0
-0.810.94-0.81-0.95-0.19-0.781.01.0-0.69-0.77-0.78-0.740.94-0.80.820.94-0.760.611.01.0
-0.810.94-0.81-0.95-0.19-0.781.01.0-0.69-0.77-0.78-0.740.94-0.80.820.94-0.760.611.01.0
Click cells to compare fundamentals

Atmus Price To Book Historical Pattern

Today, most investors in Atmus Filtration Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Atmus Filtration's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Atmus Filtration price to book as a starting point in their analysis.
   Atmus Filtration Price To Book   
       Timeline  
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

Atmus Book Value Per Share

Book Value Per Share

0.92

At this time, Atmus Filtration's Book Value Per Share is comparatively stable compared to the past year.
Based on the latest financial disclosure, Atmus Filtration Technologies has a Price To Book of 14.5681 times. This is 146.92% higher than that of the Machinery sector and 237.22% higher than that of the Industrials industry. The price to book for all United States stocks is 53.19% lower than that of the firm.

Atmus Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Atmus Filtration'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 Atmus Filtration could also be used in its relative valuation, which is a method of valuing Atmus Filtration by comparing valuation metrics of similar companies.
Atmus Filtration is currently under evaluation in price to book category among its peers.

Atmus Filtration ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Atmus Filtration's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Atmus Filtration's managers, analysts, and investors.
Environmental
Governance
Social

Atmus Fundamentals

About Atmus Filtration Fundamental Analysis

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Atmus Stock Analysis

When running Atmus Filtration's price analysis, check to measure Atmus Filtration's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atmus Filtration is operating at the current time. Most of Atmus Filtration's value examination focuses on studying past and present price action to predict the probability of Atmus Filtration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atmus Filtration's price. Additionally, you may evaluate how the addition of Atmus Filtration to your portfolios can decrease your overall portfolio volatility.