Legible Price To Book vs. Current Valuation
| LEBGF Stock | USD 0.04 0.0002 0.48% |
For Legible profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Legible to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Legible utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Legible's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Legible over time as well as its relative position and ranking within its peers.
Legible |
Legible Current Valuation vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Legible's current stock value. Our valuation model uses many indicators to compare Legible value to that of its competitors to determine the firm's financial worth. Legible is currently regarded as number one stock in price to book category among its peers. It also is considered the number one company in current valuation category among its peers reporting about 574,313 of Current Valuation 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 Legible's earnings, one of the primary drivers of an investment's value.Legible Current Valuation 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.
Legible |
| = | 13.33 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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Legible |
| = | 7.66 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Legible Current Valuation vs Competition
Legible is considered the number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Publishing industry is now estimated at about 83.15 Million. Legible holds roughly 7.66 Million in current valuation claiming about 9% of equities listed under Publishing industry.
Legible Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Legible, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Legible will eventually generate negative long term returns. The profitability progress is the general direction of Legible's change in net profit over the period of time. It can combine multiple indicators of Legible, 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.
Legible Media Inc. operates as a book entertainment and media company. Its books and audiobooks are distributed using its platform. Legible is traded on OTC Exchange in the United States.
Legible Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Legible. 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 Legible 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 Legible's important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Legible without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Use Investing Themes to Complement your Legible position
In addition to having Legible 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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Measuring and Control Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Measuring and Control Equipment 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 Measuring and Control Equipment Theme or any other thematic opportunities.
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Other Information on Investing in Legible Pink Sheet
To fully project Legible's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Legible 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 Legible's income statement, its balance sheet, and the statement of cash flows.