Royce Value Closed Stock Price To Book
| RVT Stock | USD 14.11 0.20 1.40% |
Royce Value Closed fundamentals help investors to digest information that contributes to Royce Value's financial success or failures. It also enables traders to predict the movement of Royce Stock. The fundamental analysis module provides a way to measure Royce Value'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 Royce Value stock.
Price To Book Ratio is likely to drop to 0.65 in 2024. Royce | Price To Book |
Royce Value Closed Company Price To Book Analysis
Royce Value'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 Royce Value Price To Book | 0.87 X |
Most of Royce Value'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, Royce Value Closed is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Royce Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Royce Value is extremely important. It helps to project a fair market value of Royce Stock properly, considering its historical fundamentals such as Price To Book. Since Royce Value'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 Royce Value'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 Royce Value's interrelated accounts and indicators.
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Royce Price To Book Historical Pattern
Today, most investors in Royce Value Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Royce Value'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 Royce Value price to book as a starting point in their analysis.
Royce Value 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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Royce Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Royce Value Closed has a Price To Book of 0.8696 times. This is 81.01% lower than that of the Capital Markets sector and 69.59% lower than that of the Financials industry. The price to book for all United States stocks is 90.86% higher than that of the company.
Royce Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Royce Value'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 Royce Value could also be used in its relative valuation, which is a method of valuing Royce Value by comparing valuation metrics of similar companies.Royce Value is currently under evaluation in price to book category among related companies.
Royce Value Current Valuation Drivers
We derive many important indicators used in calculating different scores of Royce Value from analyzing Royce Value's financial statements. These drivers represent accounts that assess Royce Value's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Royce Value's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.5B | 1.6B | 2.0B | 1.4B | 1.6B | 1.7B | |
| Enterprise Value | 1.5B | 1.7B | 2.1B | 1.4B | 1.7B | 1.7B |
Royce Fundamentals
| Return On Equity | 0.19 | |||
| Return On Asset | 1.0E-4 | |||
| Profit Margin | 14.80 % | |||
| Operating Margin | (0.14) % | |||
| Current Valuation | 1.64 B | |||
| Shares Outstanding | 113.51 M | |||
| Shares Owned By Insiders | 0.06 % | |||
| Shares Owned By Institutions | 27.15 % | |||
| Number Of Shares Shorted | 31 K | |||
| Price To Earning | 4.66 X | |||
| Price To Book | 0.87 X | |||
| Price To Sales | 72.75 X | |||
| Revenue | 137.36 M | |||
| Gross Profit | 23.72 M | |||
| EBITDA | 331.88 M | |||
| Net Income | 329.64 M | |||
| Cash And Equivalents | 281.17 K | |||
| Total Debt | 35 M | |||
| Debt To Equity | 0.04 % | |||
| Current Ratio | 0.89 X | |||
| Book Value Per Share | 16.42 X | |||
| Cash Flow From Operations | (952.22 K) | |||
| Short Ratio | 0.13 X | |||
| Earnings Per Share | 2.95 X | |||
| Beta | 1.37 | |||
| Market Capitalization | 1.6 B | |||
| Total Asset | 1.9 B | |||
| Retained Earnings | 453.92 M | |||
| Annual Yield | 0.08 % | |||
| Five Year Return | 8.29 % | |||
| Net Asset | 1.9 B | |||
| Last Dividend Paid | 1.07 |
About Royce Value Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Royce Value Closed's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Royce Value using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Royce Value Closed 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.
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 Royce Value 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, Royce Value's short interest history, or implied volatility extrapolated from Royce Value options trading.
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When determining whether Royce Value Closed is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Royce Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Royce Value Closed Stock. Highlighted below are key reports to facilitate an investment decision about Royce Value Closed Stock:Check out Royce Value Piotroski F Score and Royce Value Altman Z Score analysis. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Royce Stock analysis
When running Royce Value's price analysis, check to measure Royce Value'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 Royce Value is operating at the current time. Most of Royce Value's value examination focuses on studying past and present price action to predict the probability of Royce Value's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royce Value's price. Additionally, you may evaluate how the addition of Royce Value to your portfolios can decrease your overall portfolio volatility.
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Is Royce Value'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 Royce Value. If investors know Royce 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 Royce Value 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 1.28 | Dividend Share 1.07 | Earnings Share 2.95 | Revenue Per Share 0.196 | Quarterly Revenue Growth (0.06) |
The market value of Royce Value Closed is measured differently than its book value, which is the value of Royce that is recorded on the company's balance sheet. Investors also form their own opinion of Royce Value's value that differs from its market value or its book value, called intrinsic value, which is Royce Value'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 Royce Value's market value can be influenced by many factors that don't directly affect Royce Value'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 Royce Value's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royce Value is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royce Value'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.