KENNAMETAL Financial Statements From 2010 to 2024
| KM3 Stock | EUR 25.60 0.20 0.78% |
Check KENNAMETAL INC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among KENNAMETAL INC's main balance sheet or income statement drivers, such as , as well as many indicators such as . KENNAMETAL financial statements analysis is a perfect complement when working with KENNAMETAL INC Valuation or Volatility modules.
KENNAMETAL |
KENNAMETAL INC Company Price To Book Analysis
KENNAMETAL INC's 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.
Current KENNAMETAL INC Price To Book | 1.70 X |
Most of KENNAMETAL INC's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, KENNAMETAL INC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, KENNAMETAL INC has a Price To Book of 1.6993 times. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The price to book for all Germany stocks is notably lower than that of the firm.
KENNAMETAL INC Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining KENNAMETAL INC's current stock value. Our valuation model uses many indicators to compare KENNAMETAL INC value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across KENNAMETAL INC competition to find correlations between indicators driving KENNAMETAL INC's intrinsic value. More Info.KENNAMETAL INC is rated below average in current valuation category among its peers. It also is rated below average in price to book category among its peers . The ratio of Current Valuation to Price To Book for KENNAMETAL INC is about 1,485,614,614 . 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 KENNAMETAL INC's earnings, one of the primary drivers of an investment's value.About KENNAMETAL INC Financial Statements
KENNAMETAL INC stakeholders use historical fundamental indicators, such as KENNAMETAL INC's revenue or net income, to determine how well the company is positioned to perform in the future. Although KENNAMETAL INC investors may analyze each financial statement separately, they are all interrelated. For example, changes in KENNAMETAL INC's assets and liabilities are reflected in the revenues and expenses on KENNAMETAL INC's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in KENNAMETAL INC. Please read more on our technical analysis and fundamental analysis pages.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in KENNAMETAL Stock
KENNAMETAL INC financial ratios help investors to determine whether KENNAMETAL Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in KENNAMETAL with respect to the benefits of owning KENNAMETAL INC security.