ITC Fundamental Trends Analysis

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ITC -- India Stock  

INR 197.20  4.60  2.28%

The Drivers Module shows relationships between ITC's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of ITC LTD over time as well as its relative position and ranking within its peers. Please see Risk vs Return Analysis

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ITC LTD Beta vs. Price to Book Fundamental Analysis

ITC LTD is currently regarded as number one stock in price to book category among related companies. It is currently regarded as number one stock in beta category among related companies totaling about  0.12  of Beta per Price to Book. The ratio of Price to Book to Beta for ITC LTD is roughly  8.04 
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.
ITC 
P/B 
 = 
MV Per Share 
BV Per Share 
=
3.78 
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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
ITC 
Beta 
 = 
Covariance 
Variance 
=
0.47
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

ITC Beta Comparison

ITC Fundamental Comparison

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