Rayong Wire Industries Stock Price To Earning

RWI Stock  THB 0.51  0.01  1.92%   
Rayong Wire Industries fundamentals help investors to digest information that contributes to Rayong Wire's financial success or failures. It also enables traders to predict the movement of Rayong Stock. The fundamental analysis module provides a way to measure Rayong Wire'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 Rayong Wire 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.

Rayong Wire Industries Company Price To Earning Analysis

Rayong Wire's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

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Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Rayong Wire Price To Earning

    
  6.24 X  
Most of Rayong Wire's fundamental indicators, such as Price To Earning, 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, Rayong Wire Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition

Based on the latest financial disclosure, Rayong Wire Industries has a Price To Earning of 6.24 times. This is 94.05% lower than that of the Basic Materials sector and 73.34% lower than that of the Steel industry. The price to earning for all Thailand stocks is 78.27% higher than that of the company.

Rayong Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rayong Wire's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Rayong Wire could also be used in its relative valuation, which is a method of valuing Rayong Wire by comparing valuation metrics of similar companies.
Rayong Wire is currently under evaluation in price to earning category among its peers.

Rayong Fundamentals

About Rayong Wire Fundamental Analysis

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

Rayong Wire financial ratios help investors to determine whether Rayong 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 Rayong with respect to the benefits of owning Rayong Wire security.