Haima Automobile Group Stock Price To Book

000572 Stock   4.27  0.12  2.89%   
Haima Automobile Group fundamentals help investors to digest information that contributes to Haima Automobile's financial success or failures. It also enables traders to predict the movement of Haima Stock. The fundamental analysis module provides a way to measure Haima Automobile's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Haima Automobile stock.
  
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Haima Automobile Group Company Price To Book Analysis

Haima Automobile'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.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Haima Automobile Price To Book

    
  3.60 X  
Most of Haima Automobile'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, Haima Automobile Group 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, Haima Automobile Group has a Price To Book of 3.5978 times. This is much higher than that of the Automobiles sector and significantly higher than that of the Consumer Discretionary industry. The price to book for all China stocks is notably lower than that of the firm.

Haima Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Haima Automobile's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Haima Automobile could also be used in its relative valuation, which is a method of valuing Haima Automobile by comparing valuation metrics of similar companies.
Haima Automobile is currently under evaluation in price to book category among its peers.

Haima Fundamentals

About Haima Automobile Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Haima Automobile Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Haima Automobile using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Haima Automobile Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Haima Stock

Haima Automobile financial ratios help investors to determine whether Haima 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 Haima with respect to the benefits of owning Haima Automobile security.