Kossan Rubber Price To Book vs. Price To Earnings To Growth
| 7153 Stock | 2.65 0.09 3.52% |
For Kossan Rubber profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kossan Rubber to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kossan Rubber Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kossan Rubber's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kossan Rubber Industries over time as well as its relative position and ranking within its peers.
Kossan |
Kossan Rubber Industries Price To Earnings To Growth vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kossan Rubber's current stock value. Our valuation model uses many indicators to compare Kossan Rubber value to that of its competitors to determine the firm's financial worth. Kossan Rubber Industries is rated below average in price to book category among its peers. It is rated second in price to earnings to growth category among its peers producing about 0.15 of Price To Earnings To Growth per Price To Book. The ratio of Price To Book to Price To Earnings To Growth for Kossan Rubber Industries is roughly 6.68 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Kossan Rubber's earnings, one of the primary drivers of an investment's value.Kossan Price To Earnings To Growth vs. Price To Book
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.
Kossan Rubber |
| = | 0.71 X |
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.
PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Kossan Rubber |
| = | 0.11 X |
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Kossan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kossan Rubber. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Kossan Rubber position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Kossan Rubber's important profitability drivers and their relationship over time.
Use Kossan Rubber in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kossan Rubber position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kossan Rubber will appreciate offsetting losses from the drop in the long position's value.Kossan Rubber Pair Trading
Kossan Rubber Industries Pair Trading Analysis
The ability to find closely correlated positions to Kossan Rubber could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kossan Rubber when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kossan Rubber - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kossan Rubber Industries to buy it.
The correlation of Kossan Rubber is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kossan Rubber moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kossan Rubber Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kossan Rubber can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Kossan Rubber position
In addition to having Kossan Rubber in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Marijuana Thematic Idea Now
Marijuana
Small and mid-cap equities that are involved in production and delivery of Marijuana products. This theme is designed for investors that are willing to accept higher levels of market risk inherited by Marijuana production in the United States. The Marijuana theme has 49 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Marijuana Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Kossan Stock
To fully project Kossan Rubber's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kossan Rubber Industries at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Kossan Rubber's income statement, its balance sheet, and the statement of cash flows.