Royaltek Co Stock Price To Book

3306 Stock  TWD 55.60  1.70  3.15%   
RoyalTek Co fundamentals help investors to digest information that contributes to RoyalTek's financial success or failures. It also enables traders to predict the movement of RoyalTek Stock. The fundamental analysis module provides a way to measure RoyalTek's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to RoyalTek stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

RoyalTek Co Company Price To Book Analysis

RoyalTek's 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.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current RoyalTek Price To Book

    
  0.79 X  
Most of RoyalTek's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, RoyalTek Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

Based on the latest financial disclosure, RoyalTek Co has a Price To Book of 0.7886 times. This is 93.0% lower than that of the Technology sector and 63.49% lower than that of the Scientific & Technical Instruments industry. The price to book for all Taiwan stocks is 91.71% higher than that of the company.

RoyalTek Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RoyalTek's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of RoyalTek could also be used in its relative valuation, which is a method of valuing RoyalTek by comparing valuation metrics of similar companies.
RoyalTek is currently under evaluation in price to book category among related companies.

RoyalTek Fundamentals

About RoyalTek Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze RoyalTek Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RoyalTek using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RoyalTek Co 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.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in RoyalTek Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running RoyalTek's price analysis, check to measure RoyalTek'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 RoyalTek is operating at the current time. Most of RoyalTek's value examination focuses on studying past and present price action to predict the probability of RoyalTek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RoyalTek's price. Additionally, you may evaluate how the addition of RoyalTek to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between RoyalTek's value and its price as these two are different measures arrived at by different means. Investors typically determine if RoyalTek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RoyalTek'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.