21shares Core Ethereum Etf Book Value Per Share
CETH Etf | USD 16.94 1.49 8.08% |
21shares Core Ethereum fundamentals help investors to digest information that contributes to 21shares Core's financial success or failures. It also enables traders to predict the movement of 21shares Etf. The fundamental analysis module provides a way to measure 21shares Core'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 21shares Core etf.
21shares |
21shares Core Ethereum ETF Book Value Per Share Analysis
21shares Core's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current 21shares Core Book Value Per Share | 0.02 X |
Most of 21shares Core's fundamental indicators, such as Book Value Per Share, 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, 21shares Core Ethereum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition |
In accordance with the recently published financial statements, the book value per share of 21shares Core Ethereum is about 0.02 times. This is much higher than that of the family and significantly higher than that of the Digital Assets category. The book value per share for all United States etfs is notably lower than that of the firm.
Did you try this?
Run Price Exposure Probability Now
Price Exposure ProbabilityAnalyze equity upside and downside potential for a given time horizon across multiple markets |
All Next | Launch Module |
21shares Fundamentals
Profit Margin | 1.77 % | |||
Operating Margin | 9.44 % | |||
Current Valuation | 12.11 M | |||
Shares Outstanding | 190 M | |||
Shares Owned By Insiders | 93.00 % | |||
Price To Book | 2.00 X | |||
Price To Sales | 1.61 X | |||
Revenue | 4.73 M | |||
Gross Profit | 367.81 K | |||
EBITDA | 661.22 K | |||
Net Income | 83.85 K | |||
Cash And Equivalents | 4.87 K | |||
Total Debt | 4.52 M | |||
Debt To Equity | 119.10 % | |||
Current Ratio | 0.81 X | |||
Book Value Per Share | 0.02 X | |||
Cash Flow From Operations | 873.13 K | |||
Number Of Employees | 270 | |||
Market Capitalization | 7.6 M | |||
Total Asset | 16.48 M | |||
Retained Earnings | 2.32 M | |||
Working Capital | (2.42 M) | |||
Current Asset | 10.27 M | |||
Current Liabilities | 12.69 M |
About 21shares Core Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 21shares Core Ethereum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 21shares Core using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 21shares Core Ethereum based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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
BTC | Bitcoin | |
TRX | TRON | |
BNB | Binance Coin | |
ADA | Cardano | |
XRP | XRP |
Check out 21shares Core Piotroski F Score and 21shares Core Altman Z Score analysis. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of 21shares Core Ethereum is measured differently than its book value, which is the value of 21shares that is recorded on the company's balance sheet. Investors also form their own opinion of 21shares Core's value that differs from its market value or its book value, called intrinsic value, which is 21shares Core'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 21shares Core's market value can be influenced by many factors that don't directly affect 21shares Core'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 21shares Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if 21shares Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 21shares Core'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.