Envirotech Vehicles Stock Price To Book
| EVTV Stock | USD 0.26 0.01 4.00% |
Envirotech Vehicles fundamentals help investors to digest information that contributes to Envirotech Vehicles' financial success or failures. It also enables traders to predict the movement of Envirotech Stock. The fundamental analysis module provides a way to measure Envirotech Vehicles' 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 Envirotech Vehicles stock.
Envirotech |
Envirotech Vehicles Company Price To Book Analysis
Envirotech Vehicles' 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.
Current Envirotech Vehicles Price To Book | 0.26 X |
Most of Envirotech Vehicles' 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, Envirotech Vehicles 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, Envirotech Vehicles has a Price To Book of 0.26 times. This is 95.98% lower than that of the Automobile Components sector and 98.27% lower than that of the Consumer Discretionary industry. The price to book for all United States stocks is 97.27% higher than that of the company.
Envirotech Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Envirotech Vehicles' 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 Envirotech Vehicles could also be used in its relative valuation, which is a method of valuing Envirotech Vehicles by comparing valuation metrics of similar companies.Envirotech Vehicles is currently under evaluation in price to book category among its peers.
Envirotech Fundamentals
| Return On Equity | -0.45 | ||||
| Return On Asset | -0.19 | ||||
| Operating Margin | (4.25) % | ||||
| Current Valuation | 5.46 M | ||||
| Shares Outstanding | 19.72 M | ||||
| Shares Owned By Insiders | 27.69 % | ||||
| Shares Owned By Institutions | 4.88 % | ||||
| Number Of Shares Shorted | 588.82 K | ||||
| Price To Book | 0.26 X | ||||
| Price To Sales | 2.84 X | ||||
| Revenue | 2.86 M | ||||
| Gross Profit | 366.59 K | ||||
| EBITDA | (7.49 M) | ||||
| Net Income | (12.68 M) | ||||
| Cash And Equivalents | 4.6 M | ||||
| Cash Per Share | 0.31 X | ||||
| Total Debt | 806.55 K | ||||
| Current Ratio | 16.08 X | ||||
| Book Value Per Share | 1.13 X | ||||
| Cash Flow From Operations | (4.25 M) | ||||
| Short Ratio | 0.16 X | ||||
| Earnings Per Share | (0.62) X | ||||
| Target Price | 0.7 | ||||
| Number Of Employees | 14 | ||||
| Beta | 0.7 | ||||
| Market Capitalization | 4.91 M | ||||
| Total Asset | 22.65 M | ||||
| Retained Earnings | (64.61 M) | ||||
| Working Capital | 10.28 M | ||||
| Net Asset | 22.65 M |
About Envirotech Vehicles Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Envirotech Vehicles's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Envirotech Vehicles using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Envirotech Vehicles 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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When running Envirotech Vehicles' price analysis, check to measure Envirotech Vehicles' 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 Envirotech Vehicles is operating at the current time. Most of Envirotech Vehicles' value examination focuses on studying past and present price action to predict the probability of Envirotech Vehicles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envirotech Vehicles' price. Additionally, you may evaluate how the addition of Envirotech Vehicles to your portfolios can decrease your overall portfolio volatility.