GoTo Gojek Book Value Per Share vs. Price To Sales

GOTO Stock   75.00  2.00  2.60%   
Taking into consideration GoTo Gojek's profitability measurements, GoTo Gojek Tokopedia may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess GoTo Gojek's ability to earn profits and add value for shareholders.
For GoTo Gojek profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GoTo Gojek to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GoTo Gojek Tokopedia utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GoTo Gojek's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GoTo Gojek Tokopedia over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between GoTo Gojek's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoTo Gojek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoTo Gojek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

GoTo Gojek Tokopedia Price To Sales vs. Book Value Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining GoTo Gojek's current stock value. Our valuation model uses many indicators to compare GoTo Gojek value to that of its competitors to determine the firm's financial worth.
GoTo Gojek Tokopedia is one of the top stocks in book value per share category among its peers. It also is one of the top stocks in price to sales category among its peers fabricating about  0.08  of Price To Sales per Book Value Per Share. The ratio of Book Value Per Share to Price To Sales for GoTo Gojek Tokopedia is roughly  12.62 . 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 GoTo Gojek's earnings, one of the primary drivers of an investment's value.

GoTo Price To Sales vs. Book Value Per Share

Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

GoTo Gojek

Book Value per Share

 = 

Common Equity

Average Shares

 = 
136.99 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

GoTo Gojek

P/S

 = 

MV Per Share

Revenue Per Share

 = 
10.85 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

GoTo Price To Sales Comparison

GoTo Gojek is currently under evaluation in price to sales category among its peers.

GoTo Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on GoTo Gojek. 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 GoTo Gojek 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 GoTo Gojek's important profitability drivers and their relationship over time.

Use GoTo Gojek 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 GoTo Gojek 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 GoTo Gojek will appreciate offsetting losses from the drop in the long position's value.

GoTo Gojek Pair Trading

GoTo Gojek Tokopedia Pair Trading Analysis

The ability to find closely correlated positions to GoTo Gojek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GoTo Gojek 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 GoTo Gojek - 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 GoTo Gojek Tokopedia to buy it.
The correlation of GoTo Gojek 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 GoTo Gojek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GoTo Gojek Tokopedia 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 GoTo Gojek 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your GoTo Gojek position

In addition to having GoTo Gojek 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.

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Run Business Services Thematic Idea Now

Business Services
Business Services Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Services theme has 61 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 Business Services Theme or any other thematic opportunities.
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Other Information on Investing in GoTo Stock

To fully project GoTo Gojek's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of GoTo Gojek Tokopedia 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 GoTo Gojek's income statement, its balance sheet, and the statement of cash flows.
Potential GoTo Gojek investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although GoTo Gojek investors may work on each financial statement separately, they are all related. The changes in GoTo Gojek's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on GoTo Gojek's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.