Asia Cement Corp Stock Price To Book

1102 Stock  TWD 42.75  0.10  0.23%   
Asia Cement Corp fundamentals help investors to digest information that contributes to Asia Cement's financial success or failures. It also enables traders to predict the movement of Asia Stock. The fundamental analysis module provides a way to measure Asia Cement'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 Asia Cement stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Asia Cement Corp Company Price To Book Analysis

Asia Cement'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 Asia Cement Price To Book

    
  1.11 X  
Most of Asia Cement'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, Asia Cement Corp 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, Asia Cement Corp has a Price To Book of 1.1135 times. This is 90.86% lower than that of the Construction Materials sector and 91.76% lower than that of the Materials industry. The price to book for all Taiwan stocks is 88.29% higher than that of the company.

Asia Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Asia Cement'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 Asia Cement could also be used in its relative valuation, which is a method of valuing Asia Cement by comparing valuation metrics of similar companies.
Asia Cement is currently under evaluation in price to book category among its peers.

Asia Fundamentals

About Asia Cement Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Asia Cement Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Asia Cement using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Asia Cement Corp 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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Additional Tools for Asia Stock Analysis

When running Asia Cement's price analysis, check to measure Asia Cement's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asia Cement is operating at the current time. Most of Asia Cement's value examination focuses on studying past and present price action to predict the probability of Asia Cement's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Cement's price. Additionally, you may evaluate how the addition of Asia Cement to your portfolios can decrease your overall portfolio volatility.