Driveitaway Stock Price To Book

DWAY Stock  USD 0.02  0  16.67%   
DriveItAway fundamentals help investors to digest information that contributes to DriveItAway's financial success or failures. It also enables traders to predict the movement of DriveItAway Pink Sheet. The fundamental analysis module provides a way to measure DriveItAway'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 DriveItAway pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

DriveItAway Company Price To Book Analysis

DriveItAway'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 DriveItAway Price To Book

    
  4.02 X  
Most of DriveItAway'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, DriveItAway 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, DriveItAway has a Price To Book of 4.0166 times. This is 31.92% lower than that of the Industrials sector and 77.73% higher than that of the Rental & Leasing Services industry. The price to book for all United States stocks is 57.76% higher than that of the company.

DriveItAway Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DriveItAway's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of DriveItAway could also be used in its relative valuation, which is a method of valuing DriveItAway by comparing valuation metrics of similar companies.
DriveItAway is currently under evaluation in price to book category among its peers.

DriveItAway Fundamentals

About DriveItAway Fundamental Analysis

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for DriveItAway Pink Sheet Analysis

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