Grard Perrier Price To Book vs. Return On Asset
| PERR Stock | EUR 88.00 0.40 0.45% |
For Grard Perrier profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Grard Perrier to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Grard Perrier Industrie utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Grard Perrier's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Grard Perrier Industrie over time as well as its relative position and ranking within its peers.
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Grard Perrier Industrie Return On Asset vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Grard Perrier's current stock value. Our valuation model uses many indicators to compare Grard Perrier value to that of its competitors to determine the firm's financial worth. Grard Perrier Industrie is considered to be number one stock in price to book category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.02 of Return On Asset per Price To Book. The ratio of Price To Book to Return On Asset for Grard Perrier Industrie is roughly 45.55 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Grard Perrier by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Grard Perrier's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Grard Return On Asset 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.
Grard Perrier |
| = | 3.17 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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
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| = | 0.0695 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Grard Return On Asset Comparison
Grard Perrier is currently under evaluation in return on asset category among its peers.
Grard Perrier Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Grard Perrier, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Grard Perrier will eventually generate negative long term returns. The profitability progress is the general direction of Grard Perrier's change in net profit over the period of time. It can combine multiple indicators of Grard Perrier, 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.
Grard Perrier Industrie S.A. engages in designing, manufacturing, installing, and maintaining industrial electrical, electronic and automation equipment in France and internationally. In addition, the company offers electrical, automation, and industrial computing equipment for the agriculture industry and ALTESOFT, a production control software program for the agricultural industry. PERRIER operates under Electronic Components classification in France and is traded on Paris Stock Exchange. It employs 1704 people.
Grard Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Grard Perrier. 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 Grard Perrier 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 Grard Perrier's important profitability drivers and their relationship over time.
Use Grard Perrier 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 Grard Perrier 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 Grard Perrier will appreciate offsetting losses from the drop in the long position's value.Grard Perrier Pair Trading
Grard Perrier Industrie Pair Trading Analysis
The ability to find closely correlated positions to Grard Perrier could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grard Perrier 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 Grard Perrier - 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 Grard Perrier Industrie to buy it.
The correlation of Grard Perrier 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 Grard Perrier moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grard Perrier Industrie 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 Grard Perrier 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 Grard Perrier position
In addition to having Grard Perrier 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 Computers Thematic Idea Now
Computers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers 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 Computers Theme or any other thematic opportunities.
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Other Information on Investing in Grard Stock
To fully project Grard Perrier's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Grard Perrier Industrie 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 Grard Perrier's income statement, its balance sheet, and the statement of cash flows.