Bridgford Foods Stock Price To Book

BRID Stock  USD 9.07  0.19  2.05%   
Bridgford Foods fundamentals help investors to digest information that contributes to Bridgford Foods' financial success or failures. It also enables traders to predict the movement of Bridgford Stock. The fundamental analysis module provides a way to measure Bridgford Foods' 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 Bridgford Foods stock.
As of December 1, 2024, Price To Book Ratio is expected to decline to 2.86.
  
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Bridgford Foods Company Price To Book Analysis

Bridgford Foods' 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 Bridgford Foods Price To Book

    
  0.65 X  
Most of Bridgford Foods' 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, Bridgford Foods is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Bridgford Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Bridgford Foods is extremely important. It helps to project a fair market value of Bridgford Stock properly, considering its historical fundamentals such as Price To Book. Since Bridgford Foods' 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 Bridgford Foods' 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 Bridgford Foods' interrelated accounts and indicators.
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Bridgford Price To Book Historical Pattern

Today, most investors in Bridgford Foods Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Bridgford Foods' 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 Bridgford Foods price to book as a starting point in their analysis.
   Bridgford Foods 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

Bridgford Book Value Per Share

Book Value Per Share

3.45

At present, Bridgford Foods' Book Value Per Share is projected to slightly grow based on the last few years of reporting.
Based on the latest financial disclosure, Bridgford Foods has a Price To Book of 0.6492 times. This is 88.51% lower than that of the Food Products sector and 82.16% lower than that of the Consumer Staples industry. The price to book for all United States stocks is 93.17% higher than that of the company.

Bridgford Price To Book Peer Comparison

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

Bridgford Foods 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, Bridgford Foods' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bridgford Foods' managers, analysts, and investors.
Environmental
Governance
Social

Bridgford Fundamentals

About Bridgford Foods Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bridgford Foods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bridgford Foods using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bridgford Foods 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.
When determining whether Bridgford Foods is a strong investment it is important to analyze Bridgford Foods' 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 Bridgford Foods' future performance. For an informed investment choice regarding Bridgford Stock, refer to the following important reports:
Check out Bridgford Foods Piotroski F Score and Bridgford Foods Altman Z Score analysis.
For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bridgford Foods. If investors know Bridgford will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bridgford Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.325
Earnings Share
(0.11)
Revenue Per Share
25.53
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.01)
The market value of Bridgford Foods is measured differently than its book value, which is the value of Bridgford that is recorded on the company's balance sheet. Investors also form their own opinion of Bridgford Foods' value that differs from its market value or its book value, called intrinsic value, which is Bridgford Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bridgford Foods' market value can be influenced by many factors that don't directly affect Bridgford Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bridgford Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bridgford Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bridgford Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.