Bion Environmental Technologies Stock Book Value Per Share
| BNET Stock | USD 0.50 0.02 4.17% |
Bion Environmental Technologies fundamentals help investors to digest information that contributes to Bion Environmental's financial success or failures. It also enables traders to predict the movement of Bion OTC Stock. The fundamental analysis module provides a way to measure Bion Environmental'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 Bion Environmental otc stock.
Bion |
Bion Environmental Technologies OTC Stock Book Value Per Share Analysis
Bion Environmental's Book Value per Share (B/S) 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 the 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 a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Bion Environmental Book Value Per Share | (0.04) X |
Most of Bion Environmental's fundamental indicators, such as Book Value Per Share, 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, Bion Environmental Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
| Competition |
In accordance with the recently published financial statements, the book value per share of Bion Environmental Technologies is about -0.036 times. This is 100.0% lower than that of the Commercial Services & Supplies sector and 101.32% lower than that of the Industrials industry. The book value per share for all United States stocks is 100.0% higher than that of the company.
Bion Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bion Environmental's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Bion Environmental could also be used in its relative valuation, which is a method of valuing Bion Environmental by comparing valuation metrics of similar companies.Bion Environmental is currently under evaluation in book value per share category among related companies.
Bion Fundamentals
| Return On Asset | -0.34 | |||
| Current Valuation | 47.07 M | |||
| Shares Outstanding | 43.63 M | |||
| Shares Owned By Insiders | 28.41 % | |||
| Shares Owned By Institutions | 0.09 % | |||
| Price To Earning | 6.20 X | |||
| Price To Sales | 5,655 X | |||
| EBITDA | 8.59 M | |||
| Net Income | 8.29 M | |||
| Cash And Equivalents | 3.16 M | |||
| Cash Per Share | 0.07 X | |||
| Total Debt | 5.17 M | |||
| Debt To Equity | (2.20) % | |||
| Current Ratio | 1.70 X | |||
| Book Value Per Share | (0.04) X | |||
| Cash Flow From Operations | (670.78 K) | |||
| Earnings Per Share | 0.18 X | |||
| Target Price | 3.0 | |||
| Beta | 0.22 | |||
| Market Capitalization | 79.4 M | |||
| Total Asset | 6.36 M | |||
| Retained Earnings | (120.75 M) | |||
| Working Capital | (11.04 M) | |||
| Current Asset | 81 K | |||
| Current Liabilities | 11.12 M | |||
| Z Score | -14.1 | |||
| Net Asset | 6.36 M |
About Bion Environmental Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bion Environmental Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bion Environmental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bion Environmental 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.
Pair Trading with Bion Environmental
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 Bion Environmental 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 Bion Environmental will appreciate offsetting losses from the drop in the long position's value.Moving together with Bion OTC Stock
| 0.69 | JNJ | Johnson Johnson Financial Report 18th of July 2024 | PairCorr |
Moving against Bion OTC Stock
| 0.92 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.85 | GE | GE Aerospace Financial Report 23rd of July 2024 | PairCorr |
| 0.83 | BAC | Bank of America Sell-off Trend | PairCorr |
| 0.75 | CVX | Chevron Corp Financial Report 26th of July 2024 | PairCorr |
| 0.73 | XOM | Exxon Mobil Corp Financial Report 26th of July 2024 | PairCorr |
The ability to find closely correlated positions to Bion Environmental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bion Environmental 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 Bion Environmental - 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 Bion Environmental Technologies to buy it.
The correlation of Bion Environmental 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 Bion Environmental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bion Environmental 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 Bion Environmental 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Bion Environmental 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 income. Note that the Bion Environmental information on this page should be used as a complementary analysis to other Bion Environmental'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Bion OTC Stock analysis
When running Bion Environmental's price analysis, check to measure Bion Environmental'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 Bion Environmental is operating at the current time. Most of Bion Environmental's value examination focuses on studying past and present price action to predict the probability of Bion Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bion Environmental's price. Additionally, you may evaluate how the addition of Bion Environmental to your portfolios can decrease your overall portfolio volatility.
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