Inuvo Inc Stock Price To Book
| INUV Stock | USD 0.30 0.02 7.14% |
Inuvo Inc fundamentals help investors to digest information that contributes to Inuvo's financial success or failures. It also enables traders to predict the movement of Inuvo Stock. The fundamental analysis module provides a way to measure Inuvo'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 Inuvo stock.
Price To Book Ratio is likely to drop to 3.12 in 2024. Inuvo | Price To Book |
Inuvo Inc Company Price To Book Analysis
Inuvo'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 Inuvo Price To Book | 2.71 X |
Most of Inuvo'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, Inuvo Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Inuvo Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Inuvo is extremely important. It helps to project a fair market value of Inuvo Stock properly, considering its historical fundamentals such as Price To Book. Since Inuvo'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 Inuvo'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 Inuvo's interrelated accounts and indicators.
Click cells to compare fundamentals
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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Inuvo Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Inuvo Inc has a Price To Book of 2.7142 times. This is 76.27% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The price to book for all United States stocks is 71.46% higher than that of the company.
Inuvo Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Inuvo'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 Inuvo could also be used in its relative valuation, which is a method of valuing Inuvo by comparing valuation metrics of similar companies.Inuvo is currently under evaluation in price to book category among related companies.
Inuvo Current Valuation Drivers
We derive many important indicators used in calculating different scores of Inuvo from analyzing Inuvo's financial statements. These drivers represent accounts that assess Inuvo's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Inuvo's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 12.0M | 35.1M | 62.3M | 26.5M | 55.7M | 58.5M | |
| Enterprise Value | 15.5M | 28.3M | 52.7M | 24.1M | 52.2M | 28.8M |
Inuvo Fundamentals
| Return On Equity | -0.54 | ||||
| Return On Asset | -0.19 | ||||
| Profit Margin | (0.11) % | ||||
| Operating Margin | (0.12) % | ||||
| Current Valuation | 40.33 M | ||||
| Shares Outstanding | 140.16 M | ||||
| Shares Owned By Insiders | 14.26 % | ||||
| Shares Owned By Institutions | 23.84 % | ||||
| Number Of Shares Shorted | 114.33 K | ||||
| Price To Earning | (6.69) X | ||||
| Price To Book | 2.71 X | ||||
| Price To Sales | 0.62 X | ||||
| Revenue | 73.91 M | ||||
| Gross Profit | 45.36 M | ||||
| EBITDA | (7.74 M) | ||||
| Net Income | (10.39 M) | ||||
| Cash And Equivalents | 8.42 M | ||||
| Cash Per Share | 0.07 X | ||||
| Total Debt | 943.9 K | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 1.65 X | ||||
| Book Value Per Share | 0.11 X | ||||
| Cash Flow From Operations | (2.55 M) | ||||
| Short Ratio | 0.50 X | ||||
| Earnings Per Share | (0.07) X | ||||
| Price To Earnings To Growth | (0.26) X | ||||
| Target Price | 0.95 | ||||
| Number Of Employees | 93 | ||||
| Beta | 1.3 | ||||
| Market Capitalization | 41.63 M | ||||
| Total Asset | 33.64 M | ||||
| Retained Earnings | (167.45 M) | ||||
| Working Capital | 211.06 K | ||||
| Current Asset | 11.62 M | ||||
| Current Liabilities | 13.25 M | ||||
| Net Asset | 33.64 M |
About Inuvo Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Inuvo Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Inuvo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Inuvo Inc 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.
Pair Trading with Inuvo
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 Inuvo 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 Inuvo will appreciate offsetting losses from the drop in the long position's value.Moving together with Inuvo Stock
| 0.82 | ZD | Ziff Davis | PairCorr |
| 0.78 | CCO | Clear Channel Outdoor | PairCorr |
Moving against Inuvo Stock
| 0.85 | QNST | QuinStreet Fiscal Year End 14th of August 2024 | PairCorr |
| 0.77 | ADTHW | AdTheorent Holding | PairCorr |
| 0.66 | NEXN | Nexxen International Symbol Change | PairCorr |
| 0.65 | TSQ | Townsquare Media | PairCorr |
| 0.6 | OMC | Omnicom Group | PairCorr |
The ability to find closely correlated positions to Inuvo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inuvo 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 Inuvo - 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 Inuvo Inc to buy it.
The correlation of Inuvo 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 Inuvo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inuvo Inc 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 Inuvo 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 Inuvo Piotroski F Score and Inuvo Altman Z Score analysis. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Inuvo Stock analysis
When running Inuvo's price analysis, check to measure Inuvo'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 Inuvo is operating at the current time. Most of Inuvo's value examination focuses on studying past and present price action to predict the probability of Inuvo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inuvo's price. Additionally, you may evaluate how the addition of Inuvo to your portfolios can decrease your overall portfolio volatility.
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Is Inuvo'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 Inuvo. If investors know Inuvo 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 Inuvo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.07) | Revenue Per Share 0.583 | Quarterly Revenue Growth 0.437 | Return On Assets (0.19) | Return On Equity (0.54) |
The market value of Inuvo Inc is measured differently than its book value, which is the value of Inuvo that is recorded on the company's balance sheet. Investors also form their own opinion of Inuvo's value that differs from its market value or its book value, called intrinsic value, which is Inuvo'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 Inuvo's market value can be influenced by many factors that don't directly affect Inuvo'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 Inuvo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inuvo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inuvo'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.