I Chiun Precision Industry Stock Price To Book

2486 Stock  TWD 71.50  2.00  2.72%   
I Chiun Precision Industry fundamentals help investors to digest information that contributes to I Chiun's financial success or failures. It also enables traders to predict the movement of 2486 Stock. The fundamental analysis module provides a way to measure I Chiun'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 I Chiun stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

I Chiun Precision Industry Company Price To Book Analysis

I Chiun'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.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current I Chiun Price To Book

    
  1.31 X  
Most of I Chiun'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, I Chiun Precision Industry 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, I Chiun Precision Industry has a Price To Book of 1.3093 times. This is 88.38% lower than that of the Electronic Equipment, Instruments & Components sector and 86.1% lower than that of the Information Technology industry. The price to book for all Taiwan stocks is 86.23% higher than that of the company.

2486 Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses I Chiun'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 I Chiun could also be used in its relative valuation, which is a method of valuing I Chiun by comparing valuation metrics of similar companies.
I Chiun is currently under evaluation in price to book category among related companies.

2486 Fundamentals

About I Chiun Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze I Chiun Precision Industry's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of I Chiun using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of I Chiun Precision Industry 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in I Chiun Precision Industry. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running I Chiun's price analysis, check to measure I Chiun'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 I Chiun is operating at the current time. Most of I Chiun's value examination focuses on studying past and present price action to predict the probability of I Chiun's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move I Chiun's price. Additionally, you may evaluate how the addition of I Chiun to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between I Chiun's value and its price as these two are different measures arrived at by different means. Investors typically determine if I Chiun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, I Chiun'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.