Tsingtao Brewery Stock Price To Book

TSGTF Stock  USD 6.38  0.46  6.73%   
Tsingtao Brewery fundamentals help investors to digest information that contributes to Tsingtao Brewery's financial success or failures. It also enables traders to predict the movement of Tsingtao Pink Sheet. The fundamental analysis module provides a way to measure Tsingtao Brewery'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 Tsingtao Brewery pink sheet.
  
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Tsingtao Brewery Company Price To Book Analysis

Tsingtao Brewery'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 Tsingtao Brewery Price To Book

    
  3.53 X  
Most of Tsingtao Brewery'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, Tsingtao Brewery 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, Tsingtao Brewery has a Price To Book of 3.5281 times. This is 37.56% lower than that of the Consumer Defensive sector and significantly higher than that of the Beverages—Brewers industry. The price to book for all United States stocks is 62.9% higher than that of the company.

Tsingtao Price To Book Peer Comparison

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

Tsingtao Fundamentals

About Tsingtao Brewery Fundamental Analysis

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

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