Yi Jinn Industrial Stock Price To Book

1457 Stock  TWD 19.85  0.15  0.75%   
Yi Jinn Industrial fundamentals help investors to digest information that contributes to Yi Jinn's financial success or failures. It also enables traders to predict the movement of 1457 Stock. The fundamental analysis module provides a way to measure Yi Jinn'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 Yi Jinn 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.

Yi Jinn Industrial Company Price To Book Analysis

Yi Jinn'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 Yi Jinn Price To Book

    
  0.82 X  
Most of Yi Jinn'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, Yi Jinn Industrial 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, Yi Jinn Industrial has a Price To Book of 0.8165 times. This is 87.36% lower than that of the Textiles, Apparel & Luxury Goods sector and 21.49% lower than that of the Consumer Discretionary industry. The price to book for all Taiwan stocks is 91.41% higher than that of the company.

1457 Price To Book Peer Comparison

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

1457 Fundamentals

About Yi Jinn Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Yi Jinn Industrial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Yi Jinn using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Yi Jinn Industrial 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 1457 Stock Analysis

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