Applied DB Return On Equity vs. Price To Book
| ADB Stock | THB 0.88 0.02 2.22% |
For Applied DB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Applied DB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Applied DB Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Applied DB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Applied DB Public over time as well as its relative position and ranking within its peers.
Applied |
Applied DB Public Price To Book vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Applied DB's current stock value. Our valuation model uses many indicators to compare Applied DB value to that of its competitors to determine the firm's financial worth. Applied DB Public is number one stock in return on equity category among its peers. It also is number one stock in price to book category among its peers fabricating about 110.35 of Price To Book per Return On Equity. 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 Applied DB's earnings, one of the primary drivers of an investment's value.Applied Price To Book vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Applied DB |
| = | 0.0124 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Applied DB |
| = | 1.37 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.
Applied Price To Book Comparison
Applied DB is currently under evaluation in price to book category among its peers.
Applied DB Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Applied DB, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Applied DB will eventually generate negative long term returns. The profitability progress is the general direction of Applied DB's change in net profit over the period of time. It can combine multiple indicators of Applied DB, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Applied DB Public Company Limited manufactures and distributes plastic compounds, adhesives, and sealants in Thailand, Nigeria, Kenya, Vietnam, Myanmar, Bangladesh, and internationally. Applied DB Public Company Limited was founded in 2005 and is headquartered in Mueang Samut Prakan, Thailand. APPLIED DB operates under Specialty Chemicals classification in Thailand and is traded on Stock Exchange of Thailand.
Applied Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Applied DB. 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 Applied DB 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 Applied DB's important profitability drivers and their relationship over time.
Use Applied DB 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 Applied DB 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 Applied DB will appreciate offsetting losses from the drop in the long position's value.Applied DB Pair Trading
Applied DB Public Pair Trading Analysis
The ability to find closely correlated positions to Applied DB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applied DB 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 Applied DB - 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 Applied DB Public to buy it.
The correlation of Applied DB 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 Applied DB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applied DB Public 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 Applied DB 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 Applied DB position
In addition to having Applied DB 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 Small Growth Funds Thematic Idea Now
Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 46 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 Small Growth Funds Theme or any other thematic opportunities.
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Other Information on Investing in Applied Stock
To fully project Applied DB's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Applied DB Public 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 Applied DB's income statement, its balance sheet, and the statement of cash flows.