17 Education Technology Stock Price To Book

YQ Stock  USD 1.92  0.09  4.48%   
17 Education Technology fundamentals help investors to digest information that contributes to 17 Education's financial success or failures. It also enables traders to predict the movement of 17 Education Stock. The fundamental analysis module provides a way to measure 17 Education'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 17 Education stock.
As of 12/01/2024, Price To Book Ratio is likely to drop to 0.24.
  
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17 Education Technology Company Price To Book Analysis

17 Education'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 17 Education Price To Book

    
  0.26 X  
Most of 17 Education'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, 17 Education Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

17 Education Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for 17 Education is extremely important. It helps to project a fair market value of 17 Education Stock properly, considering its historical fundamentals such as Price To Book. Since 17 Education'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 17 Education'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 17 Education's interrelated accounts and indicators.
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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.
Competition

17 Education Book Value Per Share

Book Value Per Share

56.58

At this time, 17 Education's Book Value Per Share is relatively stable compared to the past year.
Based on the latest financial disclosure, 17 Education Technology has a Price To Book of 0.259 times. This is 95.42% lower than that of the Interactive Media & Services sector and 91.83% lower than that of the Communication Services industry. The price to book for all United States stocks is 97.28% higher than that of the company.

17 Education Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 17 Education'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 17 Education could also be used in its relative valuation, which is a method of valuing 17 Education by comparing valuation metrics of similar companies.
17 Education is currently under evaluation in price to book category among its peers.

17 Education Current Valuation Drivers

We derive many important indicators used in calculating different scores of 17 Education from analyzing 17 Education's financial statements. These drivers represent accounts that assess 17 Education's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of 17 Education's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap13.7B15.9B392.3M707.5M134.8M128.0M
Enterprise Value13.2B13.2B(641.4M)25.8M(154.9M)(147.1M)

17 Education Fundamentals

About 17 Education Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 17 Education Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 17 Education using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 17 Education Technology 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.

Additional Tools for 17 Education Stock Analysis

When running 17 Education's price analysis, check to measure 17 Education'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 17 Education is operating at the current time. Most of 17 Education's value examination focuses on studying past and present price action to predict the probability of 17 Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 17 Education's price. Additionally, you may evaluate how the addition of 17 Education to your portfolios can decrease your overall portfolio volatility.