China Oilfield Services Stock Price To Book

CO9 Stock  EUR 0.80  0.01  1.27%   
China Oilfield Services fundamentals help investors to digest information that contributes to China Oilfield's financial success or failures. It also enables traders to predict the movement of China Stock. The fundamental analysis module provides a way to measure China Oilfield'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 China Oilfield stock.
  
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China Oilfield Services Company Price To Book Analysis

China Oilfield'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 China Oilfield Price To Book

    
  0.97 X  
Most of China Oilfield'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, China Oilfield Services 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, China Oilfield Services has a Price To Book of 0.971 times. This is 75.91% lower than that of the Energy sector and 79.77% lower than that of the Oil & Gas Equipment & Services industry. The price to book for all Germany stocks is 89.79% higher than that of the company.

China Price To Book Peer Comparison

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

China Fundamentals

About China Oilfield Fundamental Analysis

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

China Oilfield financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China Oilfield security.