Biosyent Stock Price To Book

RX Stock  CAD 11.26  0.08  0.71%   
Biosyent fundamentals help investors to digest information that contributes to Biosyent's financial success or failures. It also enables traders to predict the movement of Biosyent Stock. The fundamental analysis module provides a way to measure Biosyent'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 Biosyent stock.
Price To Book Ratio is likely to climb to 3.70 in 2024.
  
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Biosyent Company Price To Book Analysis

Biosyent'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.

P/B

 = 

MV Per Share

BV Per Share

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Current Biosyent Price To Book

    
  3.50 X  
Most of Biosyent'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, Biosyent is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Biosyent Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Biosyent is extremely important. It helps to project a fair market value of Biosyent Stock properly, considering its historical fundamentals such as Price To Book. Since Biosyent'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 Biosyent'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 Biosyent's interrelated accounts and indicators.
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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Biosyent Book Value Per Share

Book Value Per Share

3.05

At this time, Biosyent's Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, Biosyent has a Price To Book of 3.4957 times. This is 86.39% lower than that of the Pharmaceuticals sector and 83.34% lower than that of the Health Care industry. The price to book for all Canada stocks is 63.24% higher than that of the company.

Biosyent Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Biosyent'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 Biosyent could also be used in its relative valuation, which is a method of valuing Biosyent by comparing valuation metrics of similar companies.
Biosyent is currently under evaluation in price to book category among its peers.

Biosyent Current Valuation Drivers

We derive many important indicators used in calculating different scores of Biosyent from analyzing Biosyent's financial statements. These drivers represent accounts that assess Biosyent's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Biosyent's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap85.1M102.8M104.8M107.0M96.3M101.1M
Enterprise Value73.5M84.2M88.3M100.2M90.2M94.7M

Biosyent Fundamentals

About Biosyent Fundamental Analysis

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

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Biosyent Stock Analysis

When running Biosyent's price analysis, check to measure Biosyent'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 Biosyent is operating at the current time. Most of Biosyent's value examination focuses on studying past and present price action to predict the probability of Biosyent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biosyent's price. Additionally, you may evaluate how the addition of Biosyent to your portfolios can decrease your overall portfolio volatility.