Blng Etf Price To Book
BLNG fundamentals help investors to digest information that contributes to BLNG's financial success or failures. It also enables traders to predict the movement of BLNG Etf. The fundamental analysis module provides a way to measure BLNG'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 BLNG etf.
BLNG |
BLNG ETF Price To Book Analysis
BLNG'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 BLNG Price To Book | 1.34 X |
Most of BLNG'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, BLNG 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.
CompetitionBased on the latest financial disclosure, BLNG has a Price To Book of 1.3415 times. This is much higher than that of the Capital Markets family and significantly higher than that of the Financials category. The price to book for all United States etfs is notably lower than that of the firm.
BLNG Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BLNG's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of BLNG could also be used in its relative valuation, which is a method of valuing BLNG by comparing valuation metrics of similar companies.BLNG is currently under evaluation in price to book as compared to similar ETFs.
BLNG Fundamentals
| Return On Asset | -0.0161 | |||
| Current Valuation | 86.47 M | |||
| Shares Outstanding | 4.6 M | |||
| Shares Owned By Insiders | 11.96 % | |||
| Shares Owned By Institutions | 91.52 % | |||
| Number Of Shares Shorted | 3.35 K | |||
| Price To Earning | 36.85 X | |||
| Price To Book | 1.34 X | |||
| EBITDA | (4.75 M) | |||
| Net Income | 2.99 M | |||
| Cash And Equivalents | 951.05 K | |||
| Cash Per Share | 0.05 X | |||
| Total Debt | 76.72 K | |||
| Debt To Equity | 3.20 % | |||
| Current Ratio | 4.92 X | |||
| Book Value Per Share | (0.75) X | |||
| Cash Flow From Operations | 9.21 M | |||
| Short Ratio | 0.43 X | |||
| Earnings Per Share | 0.08 X | |||
| Number Of Employees | 221 | |||
| Market Capitalization | 86.96 M | |||
| Total Asset | 52.32 M | |||
| Retained Earnings | (6.18 M) | |||
| Working Capital | (10.4 M) | |||
| One Year Return | 1.68 % | |||
| Three Year Return | 0.93 % | |||
| Five Year Return | (6.48) % | |||
| Net Asset | 52.32 M |
Currently Active Assets on Macroaxis
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Tools for BLNG Etf
When running BLNG's price analysis, check to measure BLNG'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 BLNG is operating at the current time. Most of BLNG's value examination focuses on studying past and present price action to predict the probability of BLNG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BLNG's price. Additionally, you may evaluate how the addition of BLNG to your portfolios can decrease your overall portfolio volatility.
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