Renxin New Material Stock Price To Book
| 301395 Stock | 12.75 0.19 1.47% |
Renxin New Material fundamentals help investors to digest information that contributes to Renxin New's financial success or failures. It also enables traders to predict the movement of Renxin Stock. The fundamental analysis module provides a way to measure Renxin New'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 Renxin New stock.
Renxin |
Renxin New Material Company Price To Book Analysis
Renxin New'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 Renxin New Price To Book | 1.66 X |
Most of Renxin New'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, Renxin New Material 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, Renxin New Material has a Price To Book of 1.6579 times. This is 86.39% lower than that of the Chemicals sector and significantly higher than that of the Materials industry. The price to book for all China stocks is 82.57% higher than that of the company.
Renxin Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Renxin New'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 Renxin New could also be used in its relative valuation, which is a method of valuing Renxin New by comparing valuation metrics of similar companies.Renxin New is currently under evaluation in price to book category among its peers.
Renxin Fundamentals
| Return On Equity | 0.0393 | |||
| Return On Asset | 0.015 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 1.64 B | |||
| Shares Outstanding | 202.89 M | |||
| Shares Owned By Insiders | 68.04 % | |||
| Shares Owned By Institutions | 0.29 % | |||
| Price To Book | 1.66 X | |||
| Price To Sales | 1.26 X | |||
| Revenue | 2.05 B | |||
| EBITDA | 70 M | |||
| Book Value Per Share | 7.63 X | |||
| Earnings Per Share | 0.26 X | |||
| Number Of Employees | 146 | |||
| Market Capitalization | 2.59 B | |||
| Annual Yield | 0.08 % | |||
| Last Dividend Paid | 0.71 |
About Renxin New Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Renxin New Material's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renxin New using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renxin New Material 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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Renxin New financial ratios help investors to determine whether Renxin 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 Renxin with respect to the benefits of owning Renxin New security.