Aduro Clean Technologies Stock Price To Book

ACTHF Stock  USD 1.04  0.01  0.97%   
Aduro Clean Technologies fundamentals help investors to digest information that contributes to Aduro Clean's financial success or failures. It also enables traders to predict the movement of Aduro OTC Stock. The fundamental analysis module provides a way to measure Aduro Clean'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 Aduro Clean 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.

Aduro Clean Technologies OTC Stock Price To Book Analysis

Aduro Clean'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 Aduro Clean Price To Book

    
  14.49 X  
Most of Aduro Clean'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, Aduro Clean Technologies 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, Aduro Clean Technologies has a Price To Book of 14.4918 times. This is 145.62% higher than that of the Industrials sector and 235.46% higher than that of the Pollution & Treatment Controls industry. The price to book for all United States stocks is 52.38% lower than that of the firm.

Aduro Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aduro Clean'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 Aduro Clean could also be used in its relative valuation, which is a method of valuing Aduro Clean by comparing valuation metrics of similar companies.
Aduro Clean is currently under evaluation in price to book category among related companies.

Aduro Fundamentals

About Aduro Clean Fundamental Analysis

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

Currently Active Assets on Macroaxis

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aduro Clean Technologies. 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 rate.
Note that the Aduro Clean Technologies information on this page should be used as a complementary analysis to other Aduro Clean's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for Aduro OTC Stock analysis

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