Alamo Group Stock Price To Book

ALG Stock  USD 188.38  0.12  0.06%   
Alamo Group fundamentals help investors to digest information that contributes to Alamo's financial success or failures. It also enables traders to predict the movement of Alamo Stock. The fundamental analysis module provides a way to measure Alamo'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 Alamo stock.
The current Price To Book Ratio is estimated to decrease to 1.39.
  
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Alamo Group Company Price To Book Analysis

Alamo'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 Alamo Price To Book

    
  2.24 X  
Most of Alamo'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, Alamo Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Alamo Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Alamo is extremely important. It helps to project a fair market value of Alamo Stock properly, considering its historical fundamentals such as Price To Book. Since Alamo'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 Alamo'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 Alamo's interrelated accounts and indicators.
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Alamo Price To Book Historical Pattern

Today, most investors in Alamo Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Alamo's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Alamo price to book as a starting point in their analysis.
   Alamo Price To Book   
       Timeline  
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

Alamo Book Value Per Share

Book Value Per Share

89.34

At this time, Alamo's Book Value Per Share is most likely to increase significantly in the upcoming years.
Based on the latest financial disclosure, Alamo Group has a Price To Book of 2.2442 times. This is 61.96% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The price to book for all United States stocks is 76.4% higher than that of the company.

Alamo Price To Book Peer Comparison

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

Alamo ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Alamo's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Alamo's managers, analysts, and investors.
Environmental
Governance
Social

Alamo Fundamentals

About Alamo Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether Alamo Group is a strong investment it is important to analyze Alamo's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alamo's future performance. For an informed investment choice regarding Alamo Stock, refer to the following important reports:
Check out Alamo Piotroski F Score and Alamo Altman Z Score analysis.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alamo. If investors know Alamo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alamo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.11)
Dividend Share
1.04
Earnings Share
9.58
Revenue Per Share
136.072
Quarterly Revenue Growth
(0.08)
The market value of Alamo Group is measured differently than its book value, which is the value of Alamo that is recorded on the company's balance sheet. Investors also form their own opinion of Alamo's value that differs from its market value or its book value, called intrinsic value, which is Alamo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alamo's market value can be influenced by many factors that don't directly affect Alamo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alamo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.