Thachang Green Energy Stock Price To Book
| TGE Stock | 2.38 0.08 3.48% |
Thachang Green Energy fundamentals help investors to digest information that contributes to Thachang Green's financial success or failures. It also enables traders to predict the movement of Thachang Stock. The fundamental analysis module provides a way to measure Thachang Green'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 Thachang Green stock.
Thachang |
Thachang Green Energy Company Price To Book Analysis
Thachang Green'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.
Current Thachang Green Price To Book | 1.92 X |
Most of Thachang Green'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, Thachang Green Energy 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, Thachang Green Energy has a Price To Book of 1.9241 times. This is 69.12% lower than that of the Utilities sector and significantly higher than that of the Utilities-Renewable industry. The price to book for all Thailand stocks is 79.77% higher than that of the company.
Thachang Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thachang Green'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 Thachang Green could also be used in its relative valuation, which is a method of valuing Thachang Green by comparing valuation metrics of similar companies.Thachang Green is currently under evaluation in price to book category among its peers.
Thachang Fundamentals
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0443 | |||
| Profit Margin | 0.22 % | |||
| Operating Margin | 0.24 % | |||
| Current Valuation | 4.37 B | |||
| Shares Outstanding | 2.2 B | |||
| Shares Owned By Insiders | 73.44 % | |||
| Price To Book | 1.92 X | |||
| Price To Sales | 4.14 X | |||
| Revenue | 914.95 M | |||
| Gross Profit | 278.59 M | |||
| EBITDA | 349.47 M | |||
| Book Value Per Share | 0.93 X | |||
| Earnings Per Share | 60.15 X | |||
| Market Capitalization | 3.96 B | |||
| Last Dividend Paid | 0.23 |
About Thachang Green Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thachang Green Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thachang Green using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thachang Green Energy 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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Thachang Green financial ratios help investors to determine whether Thachang 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 Thachang with respect to the benefits of owning Thachang Green security.