Qualcomm Incorporated Stock Price To Book
| QCOM Stock | 21.49 0.01 0.05% |
QUALCOMM Incorporated fundamentals help investors to digest information that contributes to QUALCOMM Incorporated's financial success or failures. It also enables traders to predict the movement of QUALCOMM Stock. The fundamental analysis module provides a way to measure QUALCOMM Incorporated'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 QUALCOMM Incorporated stock.
QUALCOMM | Price To Book |
QUALCOMM Incorporated Company Price To Book Analysis
QUALCOMM Incorporated'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 QUALCOMM Incorporated Price To Book | 6.73 X |
Most of QUALCOMM Incorporated'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, QUALCOMM Incorporated 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, QUALCOMM Incorporated has a Price To Book of 6.729 times. This is 40.29% lower than that of the Technology sector and 39.32% higher than that of the Semiconductors industry. The price to book for all Canada stocks is 29.24% higher than that of the company.
QUALCOMM Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses QUALCOMM Incorporated'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 QUALCOMM Incorporated could also be used in its relative valuation, which is a method of valuing QUALCOMM Incorporated by comparing valuation metrics of similar companies.QUALCOMM Incorporated is currently under evaluation in price to book category among its peers.
QUALCOMM Fundamentals
| Return On Equity | 0.42 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.26 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 258.49 B | ||||
| Shares Outstanding | 11.11 B | ||||
| Price To Book | 6.73 X | ||||
| Price To Sales | 6.59 X | ||||
| Revenue | 38.96 B | ||||
| EBITDA | 11.96 B | ||||
| Net Income | 10.14 B | ||||
| Total Debt | 1.36 B | ||||
| Book Value Per Share | 23.61 X | ||||
| Cash Flow From Operations | 12.2 B | ||||
| Earnings Per Share | 1.25 X | ||||
| Price To Earnings To Growth | 1.68 X | ||||
| Number Of Employees | 49 K | ||||
| Beta | 1.29 | ||||
| Market Capitalization | 256.62 B | ||||
| Total Asset | 55.15 B | ||||
| Retained Earnings | 25.69 B | ||||
| Working Capital | 14.73 B | ||||
| Net Asset | 55.15 B |
About QUALCOMM Incorporated Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze QUALCOMM Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of QUALCOMM Incorporated using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of QUALCOMM Incorporated 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.
Pair Trading with QUALCOMM Incorporated
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if QUALCOMM Incorporated position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in QUALCOMM Incorporated will appreciate offsetting losses from the drop in the long position's value.Moving together with QUALCOMM Stock
Moving against QUALCOMM Stock
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| 0.42 | BN | Brookfield | PairCorr |
The ability to find closely correlated positions to QUALCOMM Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace QUALCOMM Incorporated when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back QUALCOMM Incorporated - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling QUALCOMM Incorporated to buy it.
The correlation of QUALCOMM Incorporated is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as QUALCOMM Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if QUALCOMM Incorporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for QUALCOMM Incorporated can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QUALCOMM Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade QUALCOMM Stock refer to our How to Trade QUALCOMM Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.