Norsk Hydro Asa Stock Price To Book

NHYKF Stock  USD 6.43  0.19  3.04%   
Norsk Hydro ASA fundamentals help investors to digest information that contributes to Norsk Hydro's financial success or failures. It also enables traders to predict the movement of Norsk OTC Stock. The fundamental analysis module provides a way to measure Norsk Hydro'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 Norsk Hydro otc 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.

Norsk Hydro ASA OTC Stock Price To Book Analysis

Norsk Hydro'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 Norsk Hydro Price To Book

    
  1.49 X  
Most of Norsk Hydro'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, Norsk Hydro ASA 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, Norsk Hydro ASA has a Price To Book of 1.4899 times. This is 87.77% lower than that of the Basic Materials sector and 84.66% lower than that of the Aluminum industry. The price to book for all United States stocks is 84.33% higher than that of the company.

Norsk Price To Book Peer Comparison

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

Norsk Fundamentals

About Norsk Hydro Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Norsk Hydro ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Norsk Hydro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Norsk Hydro ASA based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norsk Hydro ASA. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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