Neste Oil Oyj Stock Price To Book

NESTE Stock  EUR 9.29  0.22  2.31%   
Neste Oil Oyj fundamentals help investors to digest information that contributes to Neste Oil's financial success or failures. It also enables traders to predict the movement of Neste Stock. The fundamental analysis module provides a way to measure Neste Oil'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 Neste Oil stock.
  
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Neste Oil Oyj Company Price To Book Analysis

Neste Oil'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 Neste Oil Price To Book

    
  4.58 X  
Most of Neste Oil'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, Neste Oil Oyj 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, Neste Oil Oyj has a Price To Book of 4.575 times. This is 13.52% higher than that of the Oil, Gas & Consumable Fuels sector and notably higher than that of the Energy industry. The price to book for all Finland stocks is 51.89% higher than that of the company.

Neste Price To Book Peer Comparison

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

Neste Fundamentals

About Neste Oil Fundamental Analysis

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

Other Information on Investing in Neste Stock

Neste Oil financial ratios help investors to determine whether Neste 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 Neste with respect to the benefits of owning Neste Oil security.