Tong Hwa Synthetic Fiber Stock Price To Book

1418 Stock  TWD 28.30  0.10  0.35%   
Tong Hwa Synthetic Fiber fundamentals help investors to digest information that contributes to Tong Hwa's financial success or failures. It also enables traders to predict the movement of Tong Stock. The fundamental analysis module provides a way to measure Tong Hwa'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 Tong Hwa 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.

Tong Hwa Synthetic Fiber Company Price To Book Analysis

Tong Hwa'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 Tong Hwa Price To Book

    
  0.68 X  
Most of Tong Hwa'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, Tong Hwa Synthetic Fiber 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, Tong Hwa Synthetic Fiber has a Price To Book of 0.6792 times. This is 89.49% lower than that of the Textiles, Apparel & Luxury Goods sector and 34.69% lower than that of the Consumer Discretionary industry. The price to book for all Taiwan stocks is 92.86% higher than that of the company.

Tong Price To Book Peer Comparison

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

Tong Fundamentals

About Tong Hwa Fundamental Analysis

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

Also Currently Popular

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.

Additional Tools for Tong Stock Analysis

When running Tong Hwa's price analysis, check to measure Tong Hwa'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 Tong Hwa is operating at the current time. Most of Tong Hwa's value examination focuses on studying past and present price action to predict the probability of Tong Hwa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tong Hwa's price. Additionally, you may evaluate how the addition of Tong Hwa to your portfolios can decrease your overall portfolio volatility.