Stock Yards Bancorp Stock Price To Book

SYBT Stock  USD 78.62  1.23  1.59%   
Stock Yards Bancorp fundamentals help investors to digest information that contributes to Stock Yards' financial success or failures. It also enables traders to predict the movement of Stock Stock. The fundamental analysis module provides a way to measure Stock Yards' 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 Stock Yards stock.
Price To Book Ratio is likely to gain to 2.85 in 2024.
  
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Stock Yards Bancorp Company Price To Book Analysis

Stock Yards' 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 Stock Yards Price To Book

    
  2.42 X  
Most of Stock Yards' 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, Stock Yards Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Stock Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Stock Yards is extremely important. It helps to project a fair market value of Stock Stock properly, considering its historical fundamentals such as Price To Book. Since Stock Yards' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Stock Yards' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Stock Yards' interrelated accounts and indicators.
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Stock Price To Book Historical Pattern

Today, most investors in Stock Yards Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Stock Yards' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Stock Yards price to book as a starting point in their analysis.
   Stock Yards Price To Book   
       Timeline  
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

Stock Book Value Per Share

Book Value Per Share

30.84

At this time, Stock Yards' Book Value Per Share is comparatively stable compared to the past year.
Based on the latest financial disclosure, Stock Yards Bancorp has a Price To Book of 2.4183 times. This is 47.2% lower than that of the Banks sector and significantly higher than that of the Financials industry. The price to book for all United States stocks is 74.57% higher than that of the company.

Stock Price To Book Peer Comparison

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

Stock Yards ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Stock Yards' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Stock Yards' managers, analysts, and investors.
Environmental
Governance
Social

Stock Fundamentals

About Stock Yards Fundamental Analysis

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Stock Stock Analysis

When running Stock Yards' price analysis, check to measure Stock Yards' 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 Stock Yards is operating at the current time. Most of Stock Yards' value examination focuses on studying past and present price action to predict the probability of Stock Yards' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stock Yards' price. Additionally, you may evaluate how the addition of Stock Yards to your portfolios can decrease your overall portfolio volatility.