Plus Tech Innovation Stock Price To Book
PTECH Stock | 0.80 0.02 2.44% |
Plus Tech Innovation fundamentals help investors to digest information that contributes to Plus Tech's financial success or failures. It also enables traders to predict the movement of Plus Stock. The fundamental analysis module provides a way to measure Plus Tech'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 Plus Tech stock.
Plus |
Plus Tech Innovation Company Price To Book Analysis
Plus Tech'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 Plus Tech Price To Book | 5.17 X |
Most of Plus Tech'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, Plus Tech Innovation 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, Plus Tech Innovation has a Price To Book of 5.175 times. This is 12.29% lower than that of the Industrials sector and significantly higher than that of the Specialty Business Services industry. The price to book for all Thailand stocks is 45.58% higher than that of the company.
Plus Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Plus Tech'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 Plus Tech could also be used in its relative valuation, which is a method of valuing Plus Tech by comparing valuation metrics of similar companies.Plus Tech is currently under evaluation in price to book category among its peers.
Plus Fundamentals
Return On Equity | 0.25 | |||
Return On Asset | 0.0525 | |||
Profit Margin | 0.36 % | |||
Operating Margin | 0.21 % | |||
Current Valuation | 5.96 B | |||
Shares Outstanding | 244.87 M | |||
Shares Owned By Insiders | 82.49 % | |||
Price To Book | 5.17 X | |||
Price To Sales | 6.88 X | |||
Revenue | 783.28 M | |||
Gross Profit | 341.58 M | |||
EBITDA | 221.78 M | |||
Book Value Per Share | 4.29 X | |||
Earnings Per Share | 1.59 X | |||
Number Of Employees | 10 | |||
Beta | -0.0391 | |||
Market Capitalization | 5.53 B | |||
Annual Yield | 0.03 % |
About Plus Tech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Plus Tech Innovation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Plus Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Plus Tech Innovation 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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Plus Tech financial ratios help investors to determine whether Plus Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Plus with respect to the benefits of owning Plus Tech security.