Sunrise New Energy Stock Price To Book

EPOW Stock  USD 1.06  0.33  45.21%   
Sunrise New Energy fundamentals help investors to digest information that contributes to Sunrise New's financial success or failures. It also enables traders to predict the movement of Sunrise Stock. The fundamental analysis module provides a way to measure Sunrise New'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 Sunrise New stock.
Price To Book Ratio is likely to climb to 11.36 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Sunrise New Energy Company Price To Book Analysis

Sunrise New'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 Sunrise New Price To Book

    
  7.21 X  
Most of Sunrise New'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, Sunrise New Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sunrise Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Sunrise New is extremely important. It helps to project a fair market value of Sunrise Stock properly, considering its historical fundamentals such as Price To Book. Since Sunrise New's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sunrise New's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sunrise New's interrelated accounts and indicators.
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Sunrise Price To Book Historical Pattern

Today, most investors in Sunrise New Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sunrise New's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Sunrise New price to book as a starting point in their analysis.
   Sunrise New Price To Book   
       Timeline  
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

Sunrise Book Value Per Share

Book Value Per Share

1.17

At this time, Sunrise New's Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, Sunrise New Energy has a Price To Book of 7.2148 times. This is 22.28% higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The price to book for all United States stocks is 24.13% higher than that of the company.

Sunrise Price To Book Peer Comparison

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

Sunrise Fundamentals

About Sunrise New Fundamental Analysis

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

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