New Ireland Closed Fund Price To Book
New Ireland Closed fundamentals help investors to digest information that contributes to New Ireland's financial success or failures. It also enables traders to predict the movement of New Fund. The fundamental analysis module provides a way to measure New Ireland'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 New Ireland fund.
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New Ireland Closed Fund Price To Book Analysis
New Ireland'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.
Current New Ireland Price To Book | 0.86 X |
Most of New Ireland'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, New Ireland Closed 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.
CompetitionNew Ireland Price To Book Component Assessment
Based on the latest financial disclosure, New Ireland Closed has a Price To Book of 0.86 times. This is 81.22% lower than that of the Financial Services family and 69.93% lower than that of the Asset Management category. The price to book for all United States funds is 90.96% higher than that of the company.
New Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Ireland's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of New Ireland could also be used in its relative valuation, which is a method of valuing New Ireland by comparing valuation metrics of similar companies.New Ireland is currently under evaluation in price to book among similar funds.
New Fundamentals
Return On Equity | -18.14 | |||
Return On Asset | -0.42 | |||
Operating Margin | (65.22) % | |||
Current Valuation | 26.6 M | |||
Shares Outstanding | 3.64 M | |||
Shares Owned By Institutions | 43.55 % | |||
Number Of Shares Shorted | 604 | |||
Price To Earning | 1.95 X | |||
Price To Book | 0.86 X | |||
Price To Sales | 60.16 X | |||
Revenue | 560.83 K | |||
Gross Profit | 737.9 K | |||
Net Income | (9.9 M) | |||
Cash And Equivalents | 201.05 K | |||
Cash Per Share | 0.05 X | |||
Current Ratio | 3.91 X | |||
Book Value Per Share | 10.76 X | |||
Short Ratio | 0.05 X | |||
Earnings Per Share | (0.32) X | |||
Beta | 1.03 | |||
Market Capitalization | 33.74 M | |||
Five Year Return | 8.18 % | |||
Last Dividend Paid | 2.28 |
About New Ireland Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New Ireland Closed's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Ireland using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Ireland Closed based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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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Other Consideration for investing in New Fund
If you are still planning to invest in New Ireland Closed check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the New Ireland's history and understand the potential risks before investing.
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