Photocure Stock Price To Book

PHO Stock  NOK 49.20  0.10  0.20%   
Photocure fundamentals help investors to digest information that contributes to Photocure's financial success or failures. It also enables traders to predict the movement of Photocure Stock. The fundamental analysis module provides a way to measure Photocure'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 stock.
  
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 Company Price To Book Analysis

Photocure'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 Price To Book

    
  6.33 X  
Most of Photocure'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 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 has a Price To Book of 6.3304 times. This is 75.35% lower than that of the Pharmaceuticals sector and 65.29% lower than that of the Health Care industry. The price to book for all Norway stocks is 33.43% 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'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 Photocure could also be used in its relative valuation, which is a method of valuing Photocure by comparing valuation metrics of similar companies.
Photocure is currently under evaluation in price to book category among its peers.

Photocure Fundamentals

About Photocure Fundamental Analysis

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Photocure Stock

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