Ametek Inc Stock Price To Book
| AME Stock | USD 167.72 1.16 0.70% |
Ametek Inc fundamentals help investors to digest information that contributes to Ametek's financial success or failures. It also enables traders to predict the movement of Ametek Stock. The fundamental analysis module provides a way to measure Ametek'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 Ametek stock.
As of May 6, 2024, Price To Book Ratio is expected to decline to 3.06. Ametek | Price To Book |
Ametek Inc Company Price To Book Analysis
Ametek'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 Ametek Price To Book | 4.76 X |
Most of Ametek'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, Ametek Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ametek Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Ametek is extremely important. It helps to project a fair market value of Ametek Stock properly, considering its historical fundamentals such as Price To Book. Since Ametek'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 Ametek'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 Ametek's interrelated accounts and indicators.
Click cells to compare fundamentals
Ametek Price To Book Historical Pattern
Today, most investors in Ametek Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ametek'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 Ametek price to book as a starting point in their analysis.
Ametek Price To Book |
| Timeline |
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 |
Ametek Book Value Per Share
Book Value Per Share |
|
Based on the latest financial disclosure, Ametek Inc has a Price To Book of 4.7595 times. This is 19.33% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The price to book for all United States stocks is 49.95% higher than that of the company.
Ametek Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ametek'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 Ametek could also be used in its relative valuation, which is a method of valuing Ametek by comparing valuation metrics of similar companies.Ametek is currently under evaluation in price to book category among related companies.
Ametek ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ametek's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ametek's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Ametek Fundamentals
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0783 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 41.35 B | ||||
| Shares Outstanding | 231.47 M | ||||
| Shares Owned By Insiders | 0.45 % | ||||
| Shares Owned By Institutions | 89.56 % | ||||
| Number Of Shares Shorted | 2.5 M | ||||
| Price To Earning | 28.43 X | ||||
| Price To Book | 4.76 X | ||||
| Price To Sales | 6.30 X | ||||
| Revenue | 6.6 B | ||||
| Gross Profit | 2.15 B | ||||
| EBITDA | 2.04 B | ||||
| Net Income | 1.31 B | ||||
| Cash And Equivalents | 345.39 M | ||||
| Cash Per Share | 1.35 X | ||||
| Total Debt | 3.31 B | ||||
| Debt To Equity | 0.35 % | ||||
| Current Ratio | 1.53 X | ||||
| Book Value Per Share | 38.74 X | ||||
| Cash Flow From Operations | 1.74 B | ||||
| Short Ratio | 2.87 X | ||||
| Earnings Per Share | 5.70 X | ||||
| Price To Earnings To Growth | 2.64 X | ||||
| Target Price | 189.38 | ||||
| Number Of Employees | 21.5 K | ||||
| Beta | 1.22 | ||||
| Market Capitalization | 38.55 B | ||||
| Total Asset | 15.02 B | ||||
| Retained Earnings | 9.94 B | ||||
| Working Capital | (57.91 M) | ||||
| Current Asset | 1.62 B | ||||
| Current Liabilities | 1.02 B | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.63 % | ||||
| Net Asset | 15.02 B | ||||
| Last Dividend Paid | 1.03 |
About Ametek Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ametek Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ametek using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ametek Inc 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.
Ametek Investors Sentiment
The influence of Ametek's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Ametek. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Ametek's public news can be used to forecast risks associated with an investment in Ametek. The trend in average sentiment can be used to explain how an investor holding Ametek can time the market purely based on public headlines and social activities around Ametek Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ametek's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ametek's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Ametek's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ametek.
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 Ametek 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, Ametek's short interest history, or implied volatility extrapolated from Ametek options trading.
Pair Trading with Ametek
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ametek position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ametek will appreciate offsetting losses from the drop in the long position's value.Moving together with Ametek Stock
| 0.7 | HI | Hillenbrand Financial Report 13th of May 2024 | PairCorr |
| 0.82 | IR | Ingersoll Rand Downward Rally | PairCorr |
Moving against Ametek Stock
| 0.5 | ATS | ATS Corporation | PairCorr |
| 0.46 | RR | Richtech Robotics Class | PairCorr |
The ability to find closely correlated positions to Ametek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ametek when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ametek - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ametek Inc to buy it.
The correlation of Ametek is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ametek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ametek Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ametek can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Ametek Piotroski F Score and Ametek Altman Z Score analysis. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Ametek Stock analysis
When running Ametek's price analysis, check to measure Ametek'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 Ametek is operating at the current time. Most of Ametek's value examination focuses on studying past and present price action to predict the probability of Ametek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ametek's price. Additionally, you may evaluate how the addition of Ametek to your portfolios can decrease your overall portfolio volatility.
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |
Is Ametek'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 Ametek. If investors know Ametek 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 Ametek 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 0.015 | Dividend Share 1.03 | Earnings Share 5.7 | Revenue Per Share 29.19 | Quarterly Revenue Growth 0.087 |
The market value of Ametek Inc is measured differently than its book value, which is the value of Ametek that is recorded on the company's balance sheet. Investors also form their own opinion of Ametek's value that differs from its market value or its book value, called intrinsic value, which is Ametek'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 Ametek's market value can be influenced by many factors that don't directly affect Ametek'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 Ametek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ametek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ametek'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.