Adicet Bio Stock Price To Book

ACET Stock  USD 1.06  0.01  0.95%   
Adicet Bio fundamentals help investors to digest information that contributes to Adicet Bio's financial success or failures. It also enables traders to predict the movement of Adicet Stock. The fundamental analysis module provides a way to measure Adicet Bio'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 Adicet Bio stock.
Price To Book Ratio is likely to drop to 0.45 in 2024.
  
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Adicet Bio Company Price To Book Analysis

Adicet Bio'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 Adicet Bio Price To Book

    
  0.40 X  
Most of Adicet Bio'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, Adicet Bio is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Adicet Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Adicet Bio is extremely important. It helps to project a fair market value of Adicet Stock properly, considering its historical fundamentals such as Price To Book. Since Adicet Bio's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Adicet Bio's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Adicet Bio's interrelated accounts and indicators.
0.41-0.47-0.160.490.72-0.09-0.470.760.96-0.030.690.29-0.040.08-0.020.07
0.41-0.510.440.50.690.11-0.120.590.290.240.70.50.28-0.59-0.37-0.58
-0.47-0.51-0.24-0.41-0.64-0.370.63-0.37-0.47-0.49-0.64-0.63-0.660.040.070.05
-0.160.44-0.240.590.30.750.140.35-0.310.770.310.780.47-0.8-0.77-0.8
0.490.5-0.410.590.840.3-0.060.750.380.350.850.650.22-0.68-0.85-0.69
0.720.69-0.640.30.840.03-0.350.830.630.140.990.510.26-0.49-0.53-0.49
-0.090.11-0.370.750.30.03-0.140.03-0.160.990.030.850.6-0.29-0.35-0.3
-0.47-0.120.630.14-0.06-0.35-0.14-0.24-0.46-0.23-0.35-0.32-0.37-0.24-0.26-0.24
0.760.59-0.370.350.750.830.03-0.240.610.10.820.430.03-0.45-0.49-0.46
0.960.29-0.47-0.310.380.63-0.16-0.460.61-0.120.610.19-0.10.240.120.24
-0.030.24-0.490.770.350.140.99-0.230.1-0.120.140.90.66-0.34-0.37-0.35
0.690.7-0.640.310.850.990.03-0.350.820.610.140.510.26-0.51-0.55-0.52
0.290.5-0.630.780.650.510.85-0.320.430.190.90.510.62-0.49-0.53-0.5
-0.040.28-0.660.470.220.260.6-0.370.03-0.10.660.260.62-0.23-0.17-0.23
0.08-0.590.04-0.8-0.68-0.49-0.29-0.24-0.450.24-0.34-0.51-0.49-0.230.861.0
-0.02-0.370.07-0.77-0.85-0.53-0.35-0.26-0.490.12-0.37-0.55-0.53-0.170.860.87
0.07-0.580.05-0.8-0.69-0.49-0.3-0.24-0.460.24-0.35-0.52-0.5-0.231.00.87
Click cells to compare fundamentals
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

Adicet Book Value Per Share

Book Value Per Share

7.44

At this time, Adicet Bio's Book Value Per Share is comparatively stable compared to the past year.
Based on the latest financial disclosure, Adicet Bio has a Price To Book of 0.3973 times. This is 98.45% lower than that of the Health Care Providers & Services sector and 93.42% lower than that of the Health Care industry. The price to book for all United States stocks is 95.82% higher than that of the company.

Adicet Price To Book Peer Comparison

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

Adicet Bio Current Valuation Drivers

We derive many important indicators used in calculating different scores of Adicet Bio from analyzing Adicet Bio's financial statements. These drivers represent accounts that assess Adicet Bio's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Adicet Bio's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap193.6M102.8M541.4M367.3M81.4M77.3M
Enterprise Value297.0M40.2M284.8M130.6M(57.4M)(54.6M)

Adicet Fundamentals

About Adicet Bio Fundamental Analysis

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

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Adicet Stock Analysis

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