Wolverine World Wide Stock Price To Book

WWW Stock  USD 12.87  0.23  1.76%   
Wolverine World Wide fundamentals help investors to digest information that contributes to Wolverine World's financial success or failures. It also enables traders to predict the movement of Wolverine Stock. The fundamental analysis module provides a way to measure Wolverine World'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 Wolverine World stock.
Price To Book Ratio is likely to drop to 1.84 in 2024.
  
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Wolverine World Wide Company Price To Book Analysis

Wolverine World'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 Wolverine World Price To Book

    
  2.62 X  
Most of Wolverine World'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, Wolverine World Wide is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Wolverine Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Wolverine World is extremely important. It helps to project a fair market value of Wolverine Stock properly, considering its historical fundamentals such as Price To Book. Since Wolverine World'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 Wolverine World'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 Wolverine World's interrelated accounts and indicators.
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Wolverine Price To Book Historical Pattern

Today, most investors in Wolverine World Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Wolverine World'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 Wolverine World price to book as a starting point in their analysis.
   Wolverine World 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

Wolverine Book Value Per Share

Book Value Per Share

3.46

At this time, Wolverine World's Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, Wolverine World Wide has a Price To Book of 2.6159 times. This is 59.51% lower than that of the Textiles, Apparel & Luxury Goods sector and 91.03% lower than that of the Consumer Discretionary industry. The price to book for all United States stocks is 72.49% higher than that of the company.

Wolverine Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wolverine World'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 Wolverine World could also be used in its relative valuation, which is a method of valuing Wolverine World by comparing valuation metrics of similar companies.
Wolverine World is rated second in price to book category among its peers.

Wolverine World 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, Wolverine World's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Wolverine World's managers, analysts, and investors.
Environmental
Governance
Social

Wolverine Fundamentals

About Wolverine World Fundamental Analysis

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

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Additional Tools for Wolverine Stock Analysis

When running Wolverine World's price analysis, check to measure Wolverine World'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 Wolverine World is operating at the current time. Most of Wolverine World's value examination focuses on studying past and present price action to predict the probability of Wolverine World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wolverine World's price. Additionally, you may evaluate how the addition of Wolverine World to your portfolios can decrease your overall portfolio volatility.