Sagimet Biosciences Series Stock Price To Book

SGMT Stock   5.69  0.15  2.71%   
Sagimet Biosciences Series fundamentals help investors to digest information that contributes to Sagimet Biosciences' financial success or failures. It also enables traders to predict the movement of Sagimet Stock. The fundamental analysis module provides a way to measure Sagimet Biosciences' 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 Sagimet Biosciences stock.
Price To Book Ratio is likely to gain to 0.65 in 2024.
  
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Sagimet Biosciences Series Company Price To Book Analysis

Sagimet Biosciences' 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 Sagimet Biosciences Price To Book

    
  1.07 X  
Most of Sagimet Biosciences' 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, Sagimet Biosciences Series is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sagimet Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Sagimet Biosciences is extremely important. It helps to project a fair market value of Sagimet Stock properly, considering its historical fundamentals such as Price To Book. Since Sagimet Biosciences' 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 Sagimet Biosciences' 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 Sagimet Biosciences' 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.
Competition

Sagimet Book Value Per Share

Book Value Per Share

9.14

At this time, Sagimet Biosciences' Book Value Per Share is comparatively stable compared to the past year.
Based on the latest financial disclosure, Sagimet Biosciences Series has a Price To Book of 1.0733 times. This is much higher than that of the Biotechnology sector and significantly higher than that of the Health Care industry. The price to book for all United States stocks is notably lower than that of the firm.

Sagimet Price To Book Peer Comparison

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

Sagimet Biosciences ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Sagimet Biosciences' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sagimet Biosciences' managers, analysts, and investors.
Environmental
Governance
Social

Sagimet Fundamentals

About Sagimet Biosciences Fundamental Analysis

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

Explore Investment Opportunities

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 Sagimet Stock Analysis

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