Unity Software Stock Price To Book
U Stock | USD 23.47 0.11 0.47% |
Unity Software fundamentals help investors to digest information that contributes to Unity Software's financial success or failures. It also enables traders to predict the movement of Unity Stock. The fundamental analysis module provides a way to measure Unity Software'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 Unity Software stock.
Price To Book Ratio is likely to drop to 4.64 in 2024. Unity | Price To Book |
Unity Software Company Price To Book Analysis
Unity Software'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 Unity Software Price To Book | 2.96 X |
Most of Unity Software'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, Unity Software is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Unity Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Unity Software is extremely important. It helps to project a fair market value of Unity Stock properly, considering its historical fundamentals such as Price To Book. Since Unity Software'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 Unity Software'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 Unity Software's interrelated accounts and indicators.
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Unity Price To Book Historical Pattern
Today, most investors in Unity Software Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Unity Software's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Unity Software price to book as a starting point in their analysis.
Unity Software Price To Book |
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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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Unity Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Unity Software has a Price To Book of 2.9558 times. This is 73.77% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The price to book for all United States stocks is 68.92% higher than that of the company.
Unity Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Unity Software'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 Unity Software could also be used in its relative valuation, which is a method of valuing Unity Software by comparing valuation metrics of similar companies.Unity Software is currently under evaluation in price to book category among its peers.
Unity Software 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, Unity Software's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Unity Software's managers, analysts, and investors.Environmental | Governance | Social |
Unity Fundamentals
Return On Equity | -0.23 | ||||
Return On Asset | -0.0543 | ||||
Profit Margin | (0.40) % | ||||
Operating Margin | (0.28) % | ||||
Current Valuation | 10.24 B | ||||
Shares Outstanding | 402.84 M | ||||
Shares Owned By Insiders | 10.67 % | ||||
Shares Owned By Institutions | 76.90 % | ||||
Number Of Shares Shorted | 23.59 M | ||||
Price To Book | 2.96 X | ||||
Price To Sales | 4.79 X | ||||
Revenue | 2.19 B | ||||
Gross Profit | 951.69 M | ||||
EBITDA | (209.35 M) | ||||
Net Income | (822.01 M) | ||||
Cash And Equivalents | 1.69 B | ||||
Cash Per Share | 5.61 X | ||||
Total Debt | 2.71 B | ||||
Debt To Equity | 0.82 % | ||||
Current Ratio | 3.41 X | ||||
Book Value Per Share | 7.91 X | ||||
Cash Flow From Operations | 234.7 M | ||||
Short Ratio | 2.45 X | ||||
Earnings Per Share | (2.05) X | ||||
Price To Earnings To Growth | (0.67) X | ||||
Target Price | 21.87 | ||||
Number Of Employees | 6.75 K | ||||
Beta | 2.29 | ||||
Market Capitalization | 9.41 B | ||||
Total Asset | 7.24 B | ||||
Retained Earnings | (3.07 B) | ||||
Working Capital | 1.43 B | ||||
Net Asset | 7.24 B |
About Unity Software Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Unity Software's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Unity Software using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Unity Software 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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Additional Tools for Unity Stock Analysis
When running Unity Software's price analysis, check to measure Unity Software'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 Unity Software is operating at the current time. Most of Unity Software's value examination focuses on studying past and present price action to predict the probability of Unity Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unity Software's price. Additionally, you may evaluate how the addition of Unity Software to your portfolios can decrease your overall portfolio volatility.