Some Shareholders Feeling Restless Over Tengda Construction Group Co., Ltd.s PS Ratio - Simply Wall St
600512 Stock | 2.57 0.03 1.18% |
About 53% of Tengda Construction's investors are presently thinking to get in. The current sentiment regarding investing in Tengda Construction Group stock implies that some traders are interested. The current market sentiment, together with Tengda Construction's historical and current headlines, can help investors time the market. In addition, many technical investors use Tengda Construction stock news signals to limit their universe of possible portfolio assets.
Tengda |
Some Shareholders Feeling Restless Over Tengda Construction Group Co., Ltd.s PS Ratio Simply Wall St
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Tengda Construction Fundamental Analysis
We analyze Tengda Construction's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tengda Construction using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tengda Construction 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.
Book Value Per Share
Book Value Per Share Comparative Analysis
Tengda Construction is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Tengda Construction Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tengda Construction stock to make a market-neutral strategy. Peer analysis of Tengda Construction could also be used in its relative valuation, which is a method of valuing Tengda Construction by comparing valuation metrics with similar companies.
Peers
Tengda Construction Related Equities
601568 | Shaanxi Beiyuan | 2.49 | ||||
301390 | Hangzhou Gisway | 2.09 | ||||
688479 | Yonyou Auto | 1.16 | ||||
300288 | Longmaster Information | 0.75 | ||||
600499 | Keda Clean | 0.23 | ||||
002443 | Zhejiang Kingland | 0.31 | ||||
002268 | Westone Information | 0.33 | ||||
600691 | Yangmei Chemical | 0.40 |
Complementary Tools for Tengda Stock analysis
When running Tengda Construction's price analysis, check to measure Tengda Construction'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 Tengda Construction is operating at the current time. Most of Tengda Construction's value examination focuses on studying past and present price action to predict the probability of Tengda Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tengda Construction's price. Additionally, you may evaluate how the addition of Tengda Construction to your portfolios can decrease your overall portfolio volatility.
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