Bausch Lomb Corp Stock Price To Book
| BLCO Stock | USD 13.86 0.12 0.87% |
Bausch Lomb Corp fundamentals help investors to digest information that contributes to Bausch Lomb's financial success or failures. It also enables traders to predict the movement of Bausch Stock. The fundamental analysis module provides a way to measure Bausch Lomb'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 Bausch Lomb stock.
As of the 3rd of May 2024, Price To Book Ratio is likely to drop to 0.61. Bausch | Price To Book |
Bausch Lomb Corp Company Price To Book Analysis
Bausch Lomb'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.
Current Bausch Lomb Price To Book | 0.73 X |
Most of Bausch Lomb'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, Bausch Lomb Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Bausch Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Bausch Lomb is extremely important. It helps to project a fair market value of Bausch Stock properly, considering its historical fundamentals such as Price To Book. Since Bausch Lomb's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Bausch Lomb's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Bausch Lomb's interrelated accounts and indicators.
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Bausch Price To Book Historical Pattern
Today, most investors in Bausch Lomb Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Bausch Lomb's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Bausch Lomb price to book as a starting point in their analysis.
Bausch Lomb Price To Book |
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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.
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Bausch Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Bausch Lomb Corp has a Price To Book of 0.7297 times. This is 97.16% lower than that of the Health Care Equipment & Supplies sector and 88.58% lower than that of the Health Care industry. The price to book for all United States stocks is 92.33% higher than that of the company.
Bausch Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bausch Lomb'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 Bausch Lomb could also be used in its relative valuation, which is a method of valuing Bausch Lomb by comparing valuation metrics of similar companies.Bausch Lomb is currently under evaluation in price to book category among related companies.
Bausch Fundamentals
| Return On Equity | -0.0354 | ||||
| Return On Asset | 0.0104 | ||||
| Profit Margin | (0.08) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 9.49 B | ||||
| Shares Outstanding | 351.47 M | ||||
| Shares Owned By Insiders | 88.80 % | ||||
| Shares Owned By Institutions | 11.19 % | ||||
| Number Of Shares Shorted | 1.63 M | ||||
| Price To Earning | 39.08 X | ||||
| Price To Book | 0.73 X | ||||
| Price To Sales | 1.22 X | ||||
| Revenue | 4.15 B | ||||
| Gross Profit | 2.25 B | ||||
| EBITDA | 601 M | ||||
| Net Income | (248 M) | ||||
| Cash And Equivalents | 437 M | ||||
| Cash Per Share | 1.25 X | ||||
| Total Debt | 4.56 B | ||||
| Debt To Equity | 0.35 % | ||||
| Current Ratio | 1.57 X | ||||
| Book Value Per Share | 19.52 X | ||||
| Cash Flow From Operations | (17 M) | ||||
| Short Ratio | 3.25 X | ||||
| Earnings Per Share | (0.96) X | ||||
| Price To Earnings To Growth | 4.87 X | ||||
| Target Price | 27.33 | ||||
| Number Of Employees | 13.3 K | ||||
| Market Capitalization | 4.83 B | ||||
| Total Asset | 13.44 B | ||||
| Retained Earnings | (254 M) | ||||
| Working Capital | 1.16 B | ||||
| Net Asset | 13.44 B |
About Bausch Lomb Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bausch Lomb Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bausch Lomb using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bausch Lomb Corp 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.
Bausch Lomb Investors Sentiment
The influence of Bausch Lomb's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Bausch. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Bausch Lomb's public news can be used to forecast risks associated with an investment in Bausch. The trend in average sentiment can be used to explain how an investor holding Bausch can time the market purely based on public headlines and social activities around Bausch Lomb Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Bausch Lomb's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Bausch Lomb's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Bausch Lomb's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Bausch Lomb.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bausch Lomb in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bausch Lomb's short interest history, or implied volatility extrapolated from Bausch Lomb options trading.
Pair Trading with Bausch Lomb
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 Bausch Lomb 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 Bausch Lomb will appreciate offsetting losses from the drop in the long position's value.Moving together with Bausch Stock
| 0.77 | CAH | Cardinal Health Fiscal Year End 20th of August 2024 | PairCorr |
Moving against Bausch Stock
| 0.69 | PDEX | Pro Dex | PairCorr |
| 0.48 | DXR | Daxor | PairCorr |
| 0.41 | ELYM | Eliem Therapeutics Trending | PairCorr |
The ability to find closely correlated positions to Bausch Lomb could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bausch Lomb 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 Bausch Lomb - 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 Bausch Lomb Corp to buy it.
The correlation of Bausch Lomb 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 Bausch Lomb moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bausch Lomb Corp 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 Bausch Lomb 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.Check out Bausch Lomb Piotroski F Score and Bausch Lomb Altman Z Score analysis. Note that the Bausch Lomb Corp information on this page should be used as a complementary analysis to other Bausch Lomb'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 Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Bausch Stock analysis
When running Bausch Lomb's price analysis, check to measure Bausch Lomb'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 Bausch Lomb is operating at the current time. Most of Bausch Lomb's value examination focuses on studying past and present price action to predict the probability of Bausch Lomb's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bausch Lomb's price. Additionally, you may evaluate how the addition of Bausch Lomb to your portfolios can decrease your overall portfolio volatility.
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Is Bausch Lomb's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bausch Lomb. If investors know Bausch will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bausch Lomb listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.89) | Earnings Share (0.96) | Revenue Per Share 12.298 | Quarterly Revenue Growth 0.18 | Return On Assets 0.0104 |
The market value of Bausch Lomb Corp is measured differently than its book value, which is the value of Bausch that is recorded on the company's balance sheet. Investors also form their own opinion of Bausch Lomb's value that differs from its market value or its book value, called intrinsic value, which is Bausch Lomb's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bausch Lomb's market value can be influenced by many factors that don't directly affect Bausch Lomb's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bausch Lomb's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bausch Lomb is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bausch Lomb'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.