Homeco Daily Needs Stock Price To Book

HDN Stock   1.25  0.01  0.79%   
Homeco Daily Needs fundamentals help investors to digest information that contributes to Homeco Daily's financial success or failures. It also enables traders to predict the movement of Homeco Stock. The fundamental analysis module provides a way to measure Homeco Daily'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 Homeco Daily 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.

Homeco Daily Needs Company Price To Book Analysis

Homeco Daily'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 Homeco Daily Price To Book

    
  0.88 X  
Most of Homeco Daily'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, Homeco Daily Needs 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, Homeco Daily Needs has a Price To Book of 0.8767 times. This is 62.37% lower than that of the Retail REITs sector and significantly higher than that of the Real Estate industry. The price to book for all Australia stocks is 90.78% higher than that of the company.

Homeco Price To Book Peer Comparison

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

Homeco Fundamentals

About Homeco Daily Fundamental Analysis

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

When running Homeco Daily's price analysis, check to measure Homeco Daily'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 Homeco Daily is operating at the current time. Most of Homeco Daily's value examination focuses on studying past and present price action to predict the probability of Homeco Daily's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Homeco Daily's price. Additionally, you may evaluate how the addition of Homeco Daily to your portfolios can decrease your overall portfolio volatility.