Punjab Sind Book Value Per Share vs. Price To Book

PSB Stock   47.69  0.34  0.71%   
Based on the measurements of profitability obtained from Punjab Sind's financial statements, Punjab Sind Bank 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 Punjab Sind's ability to earn profits and add value for shareholders.
For Punjab Sind profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Punjab Sind to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Punjab Sind Bank utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Punjab Sind's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Punjab Sind Bank over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Punjab Sind's value and its price as these two are different measures arrived at by different means. Investors typically determine if Punjab Sind is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Punjab Sind'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.

Punjab Sind Bank Price To Book vs. Book Value Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Punjab Sind's current stock value. Our valuation model uses many indicators to compare Punjab Sind value to that of its competitors to determine the firm's financial worth.
Punjab Sind Bank is considered to be number one stock in book value per share category among its peers. It also is considered to be number one stock in price to book category among its peers fabricating about  0.17  of Price To Book per Book Value Per Share. The ratio of Book Value Per Share to Price To Book for Punjab Sind Bank is roughly  6.06 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Punjab Sind's earnings, one of the primary drivers of an investment's value.

Punjab Price To Book vs. Book Value Per Share

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.

Punjab Sind

Book Value per Share

 = 

Common Equity

Average Shares

 = 
16.91 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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.

Punjab Sind

P/B

 = 

MV Per Share

BV Per Share

 = 
2.79 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.

Punjab Price To Book Comparison

Punjab Sind is currently under evaluation in price to book category among its peers.

Punjab Sind Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Punjab Sind, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Punjab Sind will eventually generate negative long term returns. The profitability progress is the general direction of Punjab Sind's change in net profit over the period of time. It can combine multiple indicators of Punjab Sind, 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.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income42.3 B44.4 B
Operating Income10.1 B10.6 B
Total Other Income Expense Net-758.7 M-796.7 M
Net IncomeB5.7 B
Income Before Tax9.4 B9.8 B
Net Income From Continuing OpsB6.3 B
Net Income Applicable To Common Shares11.8 B12.4 B
Income Tax Expense3.4 B3.6 B
Net Interest Income28.4 B26.4 B
Interest Income96.9 B88.5 B
Change To Netincome1.2 B1.1 B

Punjab Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Punjab Sind. 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 Punjab Sind 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 Punjab Sind's important profitability drivers and their relationship over time.

Use Punjab Sind 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 Punjab Sind 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 Punjab Sind will appreciate offsetting losses from the drop in the long position's value.

Punjab Sind Pair Trading

Punjab Sind Bank Pair Trading Analysis

The ability to find closely correlated positions to Punjab Sind could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Punjab Sind 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 Punjab Sind - 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 Punjab Sind Bank to buy it.
The correlation of Punjab Sind 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 Punjab Sind moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Punjab Sind Bank 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 Punjab Sind 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 Punjab Sind position

In addition to having Punjab Sind 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.

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Entertainment
Entertainment Theme
Companies from entertainment industry including show business, news and media. The Entertainment theme has 47 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 Entertainment Theme or any other thematic opportunities.
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Other Information on Investing in Punjab Stock

To fully project Punjab Sind's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Punjab Sind Bank at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Punjab Sind's income statement, its balance sheet, and the statement of cash flows.
Potential Punjab Sind investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Punjab Sind investors may work on each financial statement separately, they are all related. The changes in Punjab Sind's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Punjab Sind's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.