Wearable Devices Stock Price To Book
| WLDSW Stock | USD 0.17 0.01 6.25% |
Wearable Devices fundamentals help investors to digest information that contributes to Wearable Devices' financial success or failures. It also enables traders to predict the movement of Wearable Stock. The fundamental analysis module provides a way to measure Wearable Devices' 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 Wearable Devices stock.
Wearable |
Wearable Devices Company Price To Book Analysis
Wearable Devices' 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.
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, Wearable Devices has a Price To Book of 0.0 times. This is 100.0% lower than that of the Textiles, Apparel & Luxury Goods sector and 100.0% lower than that of the Consumer Discretionary industry. The price to book for all United States stocks is 100.0% higher than that of the company.
Wearable Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wearable Devices' 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 Wearable Devices could also be used in its relative valuation, which is a method of valuing Wearable Devices by comparing valuation metrics of similar companies.Wearable Devices is currently under evaluation in price to book category among its peers.
Wearable Fundamentals
| Return On Equity | -1.74 | ||||
| Return On Asset | -0.71 | ||||
| Operating Margin | (10.71) % | ||||
| Number Of Shares Shorted | 31.89 K | ||||
| Revenue | 82 K | ||||
| EBITDA | (8.12 M) | ||||
| Net Income | (7.81 M) | ||||
| Cash And Equivalents | 1.27 M | ||||
| Cash Per Share | 0.11 X | ||||
| Total Debt | 575 K | ||||
| Current Ratio | 2.20 X | ||||
| Book Value Per Share | 1.62 X | ||||
| Cash Flow From Operations | (8.43 M) | ||||
| Number Of Employees | 28 | ||||
| Beta | 2.92 | ||||
| Total Asset | 7.59 M | ||||
| Retained Earnings | (21.22 M) | ||||
| Working Capital | 4.96 M | ||||
| Net Asset | 7.59 M |
About Wearable Devices Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wearable Devices's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wearable Devices using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wearable Devices 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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When running Wearable Devices' price analysis, check to measure Wearable Devices' 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 Wearable Devices is operating at the current time. Most of Wearable Devices' value examination focuses on studying past and present price action to predict the probability of Wearable Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wearable Devices' price. Additionally, you may evaluate how the addition of Wearable Devices to your portfolios can decrease your overall portfolio volatility.