Thonburi Medical Price To Book vs. Revenue
| KDH Stock | THB 95.00 0.75 0.78% |
For Thonburi Medical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Thonburi Medical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Thonburi Medical Centre utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Thonburi Medical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Thonburi Medical Centre over time as well as its relative position and ranking within its peers.
Thonburi |
Thonburi Medical Centre Revenue vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Thonburi Medical's current stock value. Our valuation model uses many indicators to compare Thonburi Medical value to that of its competitors to determine the firm's financial worth. Thonburi Medical Centre is currently regarded as number one stock in price to book category among its peers. It also is considered the number one company in revenue category among its peers totaling about 253,717,122 of Revenue per Price To Book. 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 Thonburi Medical's earnings, one of the primary drivers of an investment's value.Thonburi Revenue 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.
Thonburi Medical |
| = | 2.96 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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Thonburi Medical |
| = | 751.54 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Thonburi Revenue vs Competition
Thonburi Medical Centre is considered the number one company in revenue category among its peers. Market size based on revenue of Health Care industry is now estimated at about 845.66 Billion. Thonburi Medical adds roughly 751.54 Million in revenue claiming only tiny portion of equities under Health Care industry.
Thonburi Medical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Thonburi Medical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Thonburi Medical will eventually generate negative long term returns. The profitability progress is the general direction of Thonburi Medical's change in net profit over the period of time. It can combine multiple indicators of Thonburi Medical, 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.
Thonburi Medical Centre Public Company Limited engages in the hospital business in Thailand. Thonburi Medical Centre Public Company Limited is a subsidiary of Bangkok Dusit Medical Services Public Company Limited. Thonburi Medical is traded on Stock Exchange of Thailand in Thailand.
Thonburi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Thonburi Medical. 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 Thonburi Medical 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 Thonburi Medical's important profitability drivers and their relationship over time.
Use Thonburi Medical 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 Thonburi Medical 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 Thonburi Medical will appreciate offsetting losses from the drop in the long position's value.Thonburi Medical Pair Trading
Thonburi Medical Centre Pair Trading Analysis
The ability to find closely correlated positions to Thonburi Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thonburi Medical 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 Thonburi Medical - 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 Thonburi Medical Centre to buy it.
The correlation of Thonburi Medical 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 Thonburi Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thonburi Medical Centre 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 Thonburi Medical 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 Thonburi Medical position
In addition to having Thonburi Medical 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?
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Other Information on Investing in Thonburi Stock
To fully project Thonburi Medical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Thonburi Medical Centre 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 Thonburi Medical's income statement, its balance sheet, and the statement of cash flows.