Zhongan Online P Stock Price To Book

ZZHGY Stock  USD 1.26  0.59  31.89%   
ZhongAn Online P fundamentals help investors to digest information that contributes to ZhongAn Online's financial success or failures. It also enables traders to predict the movement of ZhongAn Pink Sheet. The fundamental analysis module provides a way to measure ZhongAn Online'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 ZhongAn Online pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

ZhongAn Online P Company Price To Book Analysis

ZhongAn Online'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 ZhongAn Online Price To Book

    
  1.45 X  
Most of ZhongAn Online'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, ZhongAn Online P 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, ZhongAn Online P has a Price To Book of 1.4514 times. This is 68.31% lower than that of the Financial Services sector and significantly higher than that of the Insurance—Property & Casualty industry. The price to book for all United States stocks is 84.74% higher than that of the company.

ZhongAn Price To Book Peer Comparison

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

ZhongAn Fundamentals

About ZhongAn Online Fundamental Analysis

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

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