Pao Novatek Stock Price To Book

PAO NOVATEK fundamentals help investors to digest information that contributes to PAO NOVATEK's financial success or failures. It also enables traders to predict the movement of PAO Pink Sheet. The fundamental analysis module provides a way to measure PAO NOVATEK'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 PAO NOVATEK 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.

PAO NOVATEK Company Price To Book Analysis

PAO NOVATEK'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 PAO NOVATEK Price To Book

    
  2.16 X  
Most of PAO NOVATEK'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, PAO NOVATEK 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, PAO NOVATEK has a Price To Book of 2.1629 times. This is 46.33% lower than that of the Energy sector and 79.79% lower than that of the Oil & Gas E&P industry. The price to book for all United States stocks is 77.26% higher than that of the company.

PAO Price To Book Peer Comparison

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

PAO Fundamentals

Currently Active Assets on Macroaxis

Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Other Consideration for investing in PAO Pink Sheet

If you are still planning to invest in PAO NOVATEK check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the PAO NOVATEK's history and understand the potential risks before investing.
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