Reliance Securities Gross Profit vs. Book Value Per Share

RELI Stock  IDR 450.00  2.00  0.45%   
Based on Reliance Securities' profitability indicators, Reliance Securities Tbk may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Reliance Securities' ability to earn profits and add value for shareholders.
For Reliance Securities profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Reliance Securities to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Reliance Securities Tbk utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Reliance Securities's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Reliance Securities Tbk 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 Reliance Securities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Reliance Securities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reliance Securities' 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.

Reliance Securities Tbk Book Value Per Share vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Reliance Securities's current stock value. Our valuation model uses many indicators to compare Reliance Securities value to that of its competitors to determine the firm's financial worth.
Reliance Securities Tbk is rated fifth in gross profit category among its peers. It is rated fourth in book value per share category among its peers . The ratio of Gross Profit to Book Value Per Share for Reliance Securities Tbk is about  95,617,768 . 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 Reliance Securities' earnings, one of the primary drivers of an investment's value.

Reliance Book Value Per Share vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Reliance Securities

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
26.88 B
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.

Reliance Securities

Book Value per Share

 = 

Common Equity

Average Shares

 = 
281.11 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.

Reliance Book Value Per Share Comparison

Reliance Securities is currently under evaluation in book value per share category among its peers.

Reliance Profitability Driver Comparison

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

Use Reliance Securities 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 Reliance Securities 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 Reliance Securities will appreciate offsetting losses from the drop in the long position's value.

Reliance Securities Pair Trading

Reliance Securities Tbk Pair Trading Analysis

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

In addition to having Reliance Securities 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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Run ESG Investing Thematic Idea Now

ESG Investing
ESG Investing Theme
Sustainable investments that promote the conservation of the natural world, social resposibility, freindly employees policies and strong governance. The ESG Investing theme has 51 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 ESG Investing Theme or any other thematic opportunities.
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Other Information on Investing in Reliance Stock

To fully project Reliance Securities' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Reliance Securities Tbk 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 Reliance Securities' income statement, its balance sheet, and the statement of cash flows.
Potential Reliance Securities investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Reliance Securities investors may work on each financial statement separately, they are all related. The changes in Reliance Securities's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Reliance Securities'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.