Edp Renovveis Sa Stock Price To Book

EDW Stock  EUR 9.60  0.21  2.14%   
EDP Renovveis SA fundamentals help investors to digest information that contributes to EDP Renovveis' financial success or failures. It also enables traders to predict the movement of EDP Stock. The fundamental analysis module provides a way to measure EDP Renovveis' 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 EDP Renovveis stock.
  
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EDP Renovveis SA Company Price To Book Analysis

EDP Renovveis' 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 EDP Renovveis Price To Book

    
  2.40 X  
Most of EDP Renovveis' 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, EDP Renovveis SA 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, EDP Renovveis SA has a Price To Book of 2.4036 times. This is 61.42% lower than that of the Utilities sector and 43.07% higher than that of the Utilities - Independent Power Producers industry. The price to book for all Germany stocks is 74.73% higher than that of the company.

EDP Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EDP Renovveis' 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 EDP Renovveis could also be used in its relative valuation, which is a method of valuing EDP Renovveis by comparing valuation metrics of similar companies.
EDP Renovveis is rated # 3 in price to book category among its peers.

EDP Fundamentals

About EDP Renovveis Fundamental Analysis

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

EDP Renovveis financial ratios help investors to determine whether EDP 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 EDP with respect to the benefits of owning EDP Renovveis security.