ATT Beta vs. Book Value Per Share

T -- USA Stock  

USD 31.27  0.17  0.55%

The Drivers Module shows relationships between ATT's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of ATT over time as well as its relative position and ranking within its peers. Also please take a look at World Market Map

ATT Book Value Per Share vs. Beta Fundamental Analysis

ATT is rated below average in beta category among related companies. It is rated below average in book value per share category among related companies creating about  55.21  of Book Value Per Share per Beta.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of financial instrument to the financial market in which this instrument is traded. For example if Beta of equity is 2, it will be expected to significantly outperform market when market is going up and significantly underperform when market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns during over time.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Book Value per Share (B/S) is 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 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 liquidation.
Book Value per Share 
Common Equity 
Average Shares 
23.74 times
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 good will, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

ATT Book Value Per Share Comparison

  Book Value Per Share 
      ATT Comparables 
ATT is rated below average in book value per share category among related companies.
      ATT Comparables 
ATT is rated below average in beta category among related companies.

Beta Analysis

As returns on market increase, ATT returns are expected to increase less than the market. However during bear market, the loss on holding ATT will be expected to be smaller as well.