Varex Imaging Corp Stock Price To Book

VREX Stock

USD 16.53 0.02 0.12%

Varex Imaging Corp fundamentals help investors to digest information that contributes to Varex Imaging's financial success or failures. It also enables traders to predict the movement of Varex Stock. The fundamental analysis module provides a way to measure Varex Imaging'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 Varex Imaging stock.

Other Current Liab Total Assets

Price To Book Ratio is likely to rise to 1.58 in 2024.

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Varex Imaging Corp Company Price To Book Analysis

Varex Imaging'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

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Current Varex Imaging Price To Book

1.27 X

Most of Varex Imaging'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, Varex Imaging Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Varex Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Varex Imaging is extremely important. It helps to project a fair market value of Varex Stock properly, considering its historical fundamentals such as Price To Book. Since Varex Imaging's 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 Varex Imaging's 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 Varex Imaging's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Accounts Payable	Net Receivables	Good Will	Total Liab	Long Term Investments	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Debt	Total Permanent Equity	Retained Earnings	Long Term Debt	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Net Invested Capital	Short Long Term Debt	Net Working Capital	Capital Stock
Total Assets		0.68	-0.76	0.63	0.93	0.89	0.77	0.99	0.98	-0.49	0.97	0.56	-0.91	0.98	0.56	0.81	0.54	-0.54	-0.45	0.79	-0.86	0.6	-0.08	0.5	-0.29
Total Stockholder Equity	0.68		-0.08	0.67	0.39	0.56	0.45	0.6	0.52	-0.57	0.76	0.01	-0.36	0.71	0.34	0.64	0.58	-0.27	-0.19	0.73	-0.71	0.71	-0.01	0.66	-0.36
Net Tangible Assets	-0.76	-0.08		-0.31	-0.93	-0.72	-0.61	-0.83	-0.87	0.1	-0.62	-0.8	0.92	-0.71	-0.55	-0.54	-0.22	0.53	0.51	-0.38	0.56	-0.15	0.0	0.0	0.15
Current Deferred Revenue	0.63	0.67	-0.31		0.49	0.48	0.45	0.57	0.54	-0.4	0.62	0.36	-0.43	0.59	0.23	0.35	0.7	-0.29	-0.47	0.32	-0.42	0.4	-0.12	0.37	-0.09
Net Debt	0.93	0.39	-0.93	0.49		0.89	0.75	0.96	0.98	-0.29	0.84	0.74	-0.97	0.89	0.55	0.69	0.42	-0.59	-0.54	0.6	-0.73	0.37	-0.08	0.26	-0.18
Accounts Payable	0.89	0.56	-0.72	0.48	0.89		0.68	0.9	0.89	-0.27	0.84	0.56	-0.86	0.86	0.43	0.68	0.42	-0.52	-0.53	0.65	-0.79	0.48	-0.18	0.38	-0.22
Net Receivables	0.77	0.45	-0.61	0.45	0.75	0.68		0.73	0.78	-0.55	0.8	0.3	-0.8	0.69	0.51	0.59	0.62	-0.44	-0.38	0.63	-0.61	0.57	0.03	0.56	-0.33
Good Will	0.99	0.6	-0.83	0.57	0.96	0.9	0.73		0.99	-0.4	0.92	0.64	-0.94	0.96	0.57	0.8	0.5	-0.61	-0.53	0.74	-0.85	0.5	-0.07	0.38	-0.24
Total Liab	0.98	0.52	-0.87	0.54	0.98	0.89	0.78	0.99		-0.42	0.92	0.64	-0.96	0.95	0.56	0.77	0.47	-0.56	-0.47	0.72	-0.81	0.51	-0.09	0.41	-0.24
Long Term Investments	-0.49	-0.57	0.1	-0.4	-0.29	-0.27	-0.55	-0.4	-0.42		-0.65	0.33	0.41	-0.46	-0.5	-0.69	-0.69	0.14	-0.08	-0.78	0.6	-0.84	-0.27	-0.83	0.56
Total Current Assets	0.97	0.76	-0.62	0.62	0.84	0.84	0.8	0.92	0.92	-0.65		0.36	-0.84	0.95	0.53	0.82	0.6	-0.45	-0.32	0.88	-0.87	0.74	-0.08	0.69	-0.34
Intangible Assets	0.56	0.01	-0.8	0.36	0.74	0.56	0.3	0.64	0.64	0.33	0.36		-0.6	0.55	0.25	0.19	0.02	-0.52	-0.58	-0.02	-0.19	-0.28	-0.14	-0.38	0.24
Common Stock	-0.91	-0.36	0.92	-0.43	-0.97	-0.86	-0.8	-0.94	-0.96	0.41	-0.84	-0.6		-0.85	-0.62	-0.76	-0.48	0.59	0.52	-0.67	0.78	-0.47	0.0	-0.34	0.29
Property Plant Equipment	0.98	0.71	-0.71	0.59	0.89	0.86	0.69	0.96	0.95	-0.46	0.95	0.55	-0.85		0.56	0.82	0.43	-0.53	-0.37	0.8	-0.83	0.57	-0.05	0.48	-0.29
Short Term Debt	0.56	0.34	-0.55	0.23	0.55	0.43	0.51	0.57	0.56	-0.5	0.53	0.25	-0.62	0.56		0.76	0.39	-0.5	-0.17	0.52	-0.52	0.4	0.77	0.18	-0.81
Total Permanent Equity	0.81	0.64	-0.54	0.35	0.69	0.68	0.59	0.8	0.77	-0.69	0.82	0.19	-0.76	0.82	0.76		0.54	-0.64	-0.31	0.89	-0.86	0.64	0.31	0.51	-0.55
Retained Earnings	0.54	0.58	-0.22	0.7	0.42	0.42	0.62	0.5	0.47	-0.69	0.6	0.02	-0.48	0.43	0.39	0.54		-0.5	-0.53	0.51	-0.53	0.56	0.13	0.52	-0.25
Long Term Debt	-0.54	-0.27	0.53	-0.29	-0.59	-0.52	-0.44	-0.61	-0.56	0.14	-0.45	-0.52	0.59	-0.53	-0.5	-0.64	-0.5		0.82	-0.34	0.43	0.06	-0.19	0.12	0.01
Long Term Debt Total	-0.45	-0.19	0.51	-0.47	-0.54	-0.53	-0.38	-0.53	-0.47	-0.08	-0.32	-0.58	0.52	-0.37	-0.17	-0.31	-0.53	0.82		-0.07	0.32	0.15	0.15	0.21	-0.22
Capital Surpluse	0.79	0.73	-0.38	0.32	0.6	0.65	0.63	0.74	0.72	-0.78	0.88	-0.02	-0.67	0.8	0.52	0.89	0.51	-0.34	-0.07		-0.91	0.86	0.03	0.8	-0.47
Deferred Long Term Liab	-0.86	-0.71	0.56	-0.42	-0.73	-0.79	-0.61	-0.85	-0.81	0.6	-0.87	-0.19	0.78	-0.83	-0.52	-0.86	-0.53	0.43	0.32	-0.91		-0.78	0.05	-0.62	0.43
Net Invested Capital	0.6	0.71	-0.15	0.4	0.37	0.48	0.57	0.5	0.51	-0.84	0.74	-0.28	-0.47	0.57	0.4	0.64	0.56	0.06	0.15	0.86	-0.78		0.05	0.93	-0.61
Short Long Term Debt	-0.08	-0.01	0.0	-0.12	-0.08	-0.18	0.03	-0.07	-0.09	-0.27	-0.08	-0.14	0.0	-0.05	0.77	0.31	0.13	-0.19	0.15	0.03	0.05	0.05		-0.13	-0.74
Net Working Capital	0.5	0.66	0.0	0.37	0.26	0.38	0.56	0.38	0.41	-0.83	0.69	-0.38	-0.34	0.48	0.18	0.51	0.52	0.12	0.21	0.8	-0.62	0.93	-0.13		-0.4
Capital Stock	-0.29	-0.36	0.15	-0.09	-0.18	-0.22	-0.33	-0.24	-0.24	0.56	-0.34	0.24	0.29	-0.29	-0.81	-0.55	-0.25	0.01	-0.22	-0.47	0.43	-0.61	-0.74	-0.4

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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.

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Price Book Value Ratio Over Time

Based on the latest financial disclosure, Varex Imaging Corp has a Price To Book of 1.2696 times. This is 95.06% lower than that of the Health Care Equipment & Supplies sector and 77.61% lower than that of the Health Care industry. The price to book for all United States stocks is 86.65% higher than that of the company.

Varex Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Varex Imaging'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 Varex Imaging could also be used in its relative valuation, which is a method of valuing Varex Imaging by comparing valuation metrics of similar companies.

Varex Imaging is currently under evaluation in price to book category among its peers.

Varex Imaging 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, Varex Imaging's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Varex Imaging's managers, analysts, and investors.

Environmental

Governance

Social

Varex Fundamentals

	Return On Equity	0.0609
	Return On Asset	0.0231
	Profit Margin	0.04 %
	Operating Margin	0.04 %
	Current Valuation	949.28 M
	Shares Outstanding	41.1 M
	Shares Owned By Insiders	4.97 %
	Shares Owned By Institutions	99.11 %
	Number Of Shares Shorted	1.35 M
	Price To Earning	33.13 X
	Price To Book	1.27 X
	Price To Sales	0.82 X
	Revenue	811 M
	Gross Profit	283.5 M
	EBITDA	67.2 M
	Net Income	(47.2 M)
	Cash And Equivalents	99.6 M
	Cash Per Share	2.50 X
	Total Debt	470.4 M
	Debt To Equity	0.83 %
	Current Ratio	3.44 X
	Book Value Per Share	14.22 X
	Cash Flow From Operations	47.3 M
	Short Ratio	3.78 X
	Earnings Per Share	(1.17) X
	Price To Earnings To Growth	6.30 X
	Target Price	22.2
	Number Of Employees	2.3 K
	Beta	0.54
	Market Capitalization	679.38 M
	Total Asset	1.22 B
	Retained Earnings	70.4 M
	Working Capital	454 M
	Current Asset	388.51 M
	Current Liabilities	120.44 M
	Net Asset	1.22 B

About Varex Imaging Fundamental Analysis

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

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

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