Polestar Automotive Holding Stock Price To Book
| PSNY Stock | USD 1.05 0.01 0.94% |
Polestar Automotive Holding fundamentals help investors to digest information that contributes to Polestar Automotive's financial success or failures. It also enables traders to predict the movement of Polestar Stock. The fundamental analysis module provides a way to measure Polestar Automotive'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 Polestar Automotive stock.
Price To Book Ratio is likely to rise to -3.57 in 2024. Polestar | Price To Book |
Polestar Automotive Holding Company Price To Book Analysis
Polestar Automotive'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 Polestar Automotive Price To Book | 1.73 X |
Most of Polestar Automotive'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, Polestar Automotive Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Polestar Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Polestar Automotive is extremely important. It helps to project a fair market value of Polestar Stock properly, considering its historical fundamentals such as Price To Book. Since Polestar Automotive'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 Polestar Automotive'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 Polestar Automotive's interrelated accounts and indicators.
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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.
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Polestar Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Polestar Automotive Holding has a Price To Book of 1.7263 times. This is 73.28% lower than that of the Automobiles sector and 88.51% lower than that of the Consumer Discretionary industry. The price to book for all United States stocks is 81.85% higher than that of the company.
Polestar Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Polestar Automotive'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 Polestar Automotive could also be used in its relative valuation, which is a method of valuing Polestar Automotive by comparing valuation metrics of similar companies.Polestar Automotive is currently under evaluation in price to book category among its peers.
Polestar Fundamentals
| Return On Equity | -3.98 | ||||
| Return On Asset | -0.23 | ||||
| Profit Margin | (0.68) % | ||||
| Operating Margin | (0.42) % | ||||
| Current Valuation | 5.06 B | ||||
| Shares Outstanding | 2.06 B | ||||
| Shares Owned By Insiders | 81.43 % | ||||
| Shares Owned By Institutions | 3.45 % | ||||
| Number Of Shares Shorted | 32.71 M | ||||
| Price To Earning | 3.43 X | ||||
| Price To Book | 1.73 X | ||||
| Price To Sales | 1.10 X | ||||
| Revenue | 2.38 B | ||||
| Gross Profit | 119.44 M | ||||
| EBITDA | (1.47 B) | ||||
| Net Income | (1.19 B) | ||||
| Cash And Equivalents | 1.38 B | ||||
| Cash Per Share | 0.65 X | ||||
| Total Debt | 3.58 B | ||||
| Debt To Equity | 9.25 % | ||||
| Current Ratio | 0.73 X | ||||
| Book Value Per Share | (0.86) X | ||||
| Cash Flow From Operations | (1.86 B) | ||||
| Short Ratio | 7.67 X | ||||
| Earnings Per Share | (0.67) X | ||||
| Target Price | 1.56 | ||||
| Number Of Employees | 2.52 K | ||||
| Beta | 2.29 | ||||
| Market Capitalization | 2.57 B | ||||
| Total Asset | 4.13 B | ||||
| Retained Earnings | (4.86 B) | ||||
| Working Capital | (1.23 B) | ||||
| Net Asset | 4.13 B |
About Polestar Automotive Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Polestar Automotive Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Polestar Automotive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Polestar Automotive Holding 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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When running Polestar Automotive's price analysis, check to measure Polestar Automotive'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 Polestar Automotive is operating at the current time. Most of Polestar Automotive's value examination focuses on studying past and present price action to predict the probability of Polestar Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polestar Automotive's price. Additionally, you may evaluate how the addition of Polestar Automotive to your portfolios can decrease your overall portfolio volatility.