AYOKI MERCANTILE LTD Price to Book vs. Shares Outstanding Fundamental AnalysisAYOKI MERCANTILE LTD is rated below average in shares outstanding category among related companies. It is rated below average in price to book category among related companies . The ratio of Shares Outstanding to Price to Book for AYOKI MERCANTILE LTD is about 196,078 Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted bases which include exotic instruments such as options, or convertibles bonds.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.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 accounting value of assets minus liabilities.
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.
AYOKI MERCANTILE LTD Price to Book Comparison