Sparebank 1 Ringerike Stock Price To Book
| RING Stock | NOK 293.00 1.00 0.34% |
Sparebank 1 Ringerike fundamentals help investors to digest information that contributes to Sparebank's financial success or failures. It also enables traders to predict the movement of Sparebank Stock. The fundamental analysis module provides a way to measure Sparebank'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 Sparebank stock.
Sparebank |
Sparebank 1 Ringerike Company Price To Book Analysis
Sparebank'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 Sparebank Price To Book | 1.20 X |
Most of Sparebank'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, Sparebank 1 Ringerike 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, Sparebank 1 Ringerike has a Price To Book of 1.2008 times. This is 73.78% lower than that of the Banks sector and 114.43% higher than that of the Financials industry. The price to book for all Norway stocks is 87.37% higher than that of the company.
Sparebank Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sparebank'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 Sparebank could also be used in its relative valuation, which is a method of valuing Sparebank by comparing valuation metrics of similar companies.Sparebank is currently under evaluation in price to book category among related companies.
Sparebank Fundamentals
| Return On Equity | 0.0934 | |||
| Return On Asset | 0.0139 | |||
| Profit Margin | 0.44 % | |||
| Operating Margin | 0.57 % | |||
| Current Valuation | 7.62 B | |||
| Shares Outstanding | 15.65 M | |||
| Shares Owned By Insiders | 72.49 % | |||
| Shares Owned By Institutions | 7.83 % | |||
| Price To Earning | 7.53 X | |||
| Price To Book | 1.20 X | |||
| Price To Sales | 5.80 X | |||
| Revenue | 831 M | |||
| Gross Profit | 927 M | |||
| EBITDA | 713.5 M | |||
| Net Income | 445.5 M | |||
| Cash And Equivalents | 2.59 B | |||
| Cash Per Share | 165.43 X | |||
| Total Debt | 5.2 B | |||
| Book Value Per Share | 268.62 X | |||
| Cash Flow From Operations | 547 M | |||
| Earnings Per Share | 25.31 X | |||
| Target Price | 330.0 | |||
| Number Of Employees | 229 | |||
| Beta | 0.25 | |||
| Market Capitalization | 5.2 B | |||
| Total Asset | 27.98 B | |||
| Retained Earnings | 554 M | |||
| Working Capital | (11.63 B) | |||
| Current Asset | 1.34 B | |||
| Current Liabilities | 12.97 B | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 5.29 % | |||
| Net Asset | 27.98 B | |||
| Last Dividend Paid | 13.9 |
About Sparebank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sparebank 1 Ringerike's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sparebank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sparebank 1 Ringerike 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.
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Sparebank 1 Ringerike. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Sparebank Stock analysis
When running Sparebank's price analysis, check to measure Sparebank'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 Sparebank is operating at the current time. Most of Sparebank's value examination focuses on studying past and present price action to predict the probability of Sparebank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparebank's price. Additionally, you may evaluate how the addition of Sparebank to your portfolios can decrease your overall portfolio volatility.
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