Golden Ocean Price To Book Ratio Over Time
| GOGL Stock | USD 8.71 0.09 1.04% |
With this module, investors can use any or all of fundamental ratio historical patterns as a complementary method for asset selection as well as a tool for deciding entry and exit points. Many technical investors use fundamentals to limit their universe of possible portfolio assets.
Check out Golden Ocean Performance and Golden Ocean Correlation. Golden |
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Ocean. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Ocean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.822 | Earnings Share 1.21 | Revenue Per Share 4.871 | Quarterly Revenue Growth 0.172 | Return On Assets 0.0541 |
The market value of Golden Ocean Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Ocean's value that differs from its market value or its book value, called intrinsic value, which is Golden Ocean's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Ocean's market value can be influenced by many factors that don't directly affect Golden Ocean's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Ocean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Ocean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Ocean's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Cross Equities Price To Book Ratio Analysis
Compare Golden Ocean Group and related stocks such as Genco Shipping Trading, Eagle Bulk Shipping, and Global Ship Lease Price To Book Ratio Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GNK | 5.8361 | 0.2065 | 0.1366 | 0.1116 | 0.8693 | 0.0887 | 0.0519 | 0.4678 | 0.2869 | 0.4533 | 0.414 | 0.7342 | 0.6734 | 0.7769 | 1.06 |
| GSL | 0.0044 | 0.256 | 0.3808 | 0.7163 | 0.49 | 0.3617 | 0.252 | 0.2597 | 0.1166 | 0.2631 | 0.4589 | 1.1293 | 0.6306 | 0.5925 | 0.33 |
| DSX | 2.656 | 0.5017 | 0.4674 | 0.8623 | 0.4254 | 0.2839 | 0.2299 | 0.643 | 0.5256 | 0.5193 | 0.3879 | 0.8021 | 0.6407 | 0.6043 | 0.57 |
| SBLK | 0.7632 | 0.1454 | 0.2855 | 0.7039 | 0.3321 | 0.1044 | 0.2344 | 0.664 | 0.4634 | 0.717 | 0.5478 | 1.1028 | 0.9728 | 1.2609 | 1.32 |
| DAC | 3.2003 | 0.8255 | 0.6846 | 0.8978 | 0.8718 | 0.7811 | 0.5966 | 0.2902 | 0.1615 | 0.1649 | 0.4881 | 0.7274 | 0.4213 | 0.4911 | 0.47 |
| OP | 13.2067 | 13.2067 | 13.2067 | 13.2067 | 13.2067 | 13.2067 | 13.2067 | 13.2067 | 13.2067 | 13.2067 | 13.0421 | 3.7187 | 0.0451 | 0.0799 | 0.0759 |
| CMRE | (51.8093) | 2.5875 | 1.8084 | 2.0802 | 1.6411 | 0.8114 | 0.4026 | 0.4966 | 0.3571 | 0.7819 | 0.7409 | 0.902 | 0.5282 | 0.5256 | 0.55 |
| NMM | 7.2225 | 1.4224 | 1.1508 | 1.9001 | 1.0711 | 0.3495 | 0.1722 | (17.6934) | (0.4347) | 0.277 | 0.1876 | (10.5539) | 0.3341 | 0.3046 | 0.32 |
Golden Ocean Group and related stocks such as Genco Shipping Trading, Eagle Bulk Shipping, and Global Ship Lease Price To Book Ratio description
A ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share.My Equities
My Current Equities and Potential Positions
| Golden Ocean Group | GOGL |
Specialization | Industrials, Marine Shipping |
| Location | Bermuda |
| Exchange | NASDAQ Exchange |
USD 8.71
Check out Golden Ocean Performance and Golden Ocean Correlation. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Golden Ocean technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.