Photocure Asa Stock Price To Book

PHCUF Stock  USD 5.60  1.12  25.00%   
Photocure ASA fundamentals help investors to digest information that contributes to Photocure ASA's financial success or failures. It also enables traders to predict the movement of Photocure Pink Sheet. The fundamental analysis module provides a way to measure Photocure ASA'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 Photocure ASA 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.

Photocure ASA Company Price To Book Analysis

Photocure ASA'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 Photocure ASA Price To Book

    
  5.72 X  
Most of Photocure ASA'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, Photocure ASA 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, Photocure ASA has a Price To Book of 5.718 times. This is 77.73% lower than that of the Healthcare sector and significantly higher than that of the Drug Manufacturers—Specialty & Generic industry. The price to book for all United States stocks is 39.87% higher than that of the company.

Photocure Price To Book Peer Comparison

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

Photocure Fundamentals

About Photocure ASA Fundamental Analysis

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

Currently Active Assets on Macroaxis

Other Information on Investing in Photocure Pink Sheet

Photocure ASA financial ratios help investors to determine whether Photocure Pink Sheet 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 Photocure with respect to the benefits of owning Photocure ASA security.