Bimi International Price To Book vs. Price To Earning

BIMIDelisted Stock  USD 0.02  0.00  0.00%   
Taking into consideration Bimi International's profitability measurements, Bimi International Medical may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Bimi International's ability to earn profits and add value for shareholders.
For Bimi International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bimi International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bimi International Medical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bimi International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bimi International Medical over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in population.
Please note, there is a significant difference between Bimi International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bimi International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bimi International'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.

Bimi International Price To Earning vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Bimi International's current stock value. Our valuation model uses many indicators to compare Bimi International value to that of its competitors to determine the firm's financial worth.
Bimi International Medical is number one stock in price to book category among its peers. It also is number one stock in price to earning category among its peers reporting about  2.66  of Price To Earning per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value Bimi International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bimi International's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Bimi Price To Earning vs. Price To Book

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.

Bimi International

P/B

 = 

MV Per Share

BV Per Share

 = 
0.43 X
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.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Bimi International

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
1.15 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

Bimi Price To Earning Comparison

Bimi International is currently under evaluation in price to earning category among its peers.

Bimi International Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Bimi International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bimi International will eventually generate negative long term returns. The profitability progress is the general direction of Bimi International's change in net profit over the period of time. It can combine multiple indicators of Bimi International, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
BIMI International Medical Inc., together with its subsidiaries, engages in the retail and wholesale distribution of medical devices, and pharmaceutical and other healthcare products in the Peoples Republic of China. BIMI International Medical Inc. was incorporated in 2000 and is based in Chongqing, the Peoples Republic of China. Bimi Intl operates under Pharmaceutical Retailers classification in the United States and is traded on NASDAQ Exchange. It employs 524 people.

Bimi Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Bimi International. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Bimi International position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Bimi International's important profitability drivers and their relationship over time.

Use Bimi International in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bimi International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bimi International will appreciate offsetting losses from the drop in the long position's value.

Bimi International Pair Trading

Bimi International Medical Pair Trading Analysis

The ability to find closely correlated positions to Bimi International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bimi International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bimi International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bimi International Medical to buy it.
The correlation of Bimi International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bimi International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bimi International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bimi International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Bimi International position

In addition to having Bimi International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Large Growth Funds Thematic Idea Now

Large Growth Funds
Large Growth Funds Theme
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth Funds theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Growth Funds Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Other Consideration for investing in Bimi OTC Stock

If you are still planning to invest in Bimi International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bimi International's history and understand the potential risks before investing.
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