Inc Research Holdings Stock Price To Book

INCR Stock

USD 1.34 0.01 0.75%

INC Research Holdings fundamentals help investors to digest information that contributes to INC Research's financial success or failures. It also enables traders to predict the movement of INC Stock. The fundamental analysis module provides a way to measure INC Research'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 INC Research stock.

Short Long Term Debt Total Total Assets

As of 11/22/2024, Price To Book Ratio is likely to drop to 0.47.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

INC Research Holdings Company Price To Book Analysis

INC Research'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 INC Research Price To Book

0.50 X

Most of INC Research'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, INC Research Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

INC Price To Book Driver Correlations

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

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments	Intangible Assets	Net Tangible Assets	Net Invested Capital	Short Long Term Debt	Net Working Capital	Property Plant Equipment	Long Term Investments	Capital Stock	Long Term Debt	Good Will
Total Assets		0.98	0.69	0.26	-0.64	0.97	0.95	0.96	0.98	0.9	0.89	-0.47	-0.46	0.98	0.97	0.92	0.98	0.98	-0.51	0.97	0.85	0.95
Total Stockholder Equity	0.98		0.65	0.15	-0.65	0.9	0.92	0.88	0.93	0.8	0.94	-0.55	-0.53	0.97	0.96	0.85	0.94	0.98	-0.56	0.99	0.76	0.9
Current Deferred Revenue	0.69	0.65		0.75	-0.71	0.63	0.87	0.71	0.72	0.64	0.47	-0.29	-0.38	0.77	0.57	0.53	0.78	0.74	-0.63	0.61	0.66	0.52
Net Debt	0.26	0.15	0.75		-0.37	0.31	0.45	0.43	0.34	0.43	-0.06	0.12	0.02	0.3	0.15	0.22	0.37	0.25	-0.11	0.11	0.51	0.11
Retained Earnings	-0.64	-0.65	-0.71	-0.37		-0.52	-0.76	-0.58	-0.6	-0.57	-0.51	0.2	0.2	-0.73	-0.57	-0.4	-0.67	-0.76	0.83	-0.68	-0.37	-0.51
Accounts Payable	0.97	0.9	0.63	0.31	-0.52		0.9	0.99	0.99	0.95	0.81	-0.37	-0.37	0.92	0.94	0.96	0.97	0.91	-0.37	0.89	0.92	0.97
Net Receivables	0.95	0.92	0.87	0.45	-0.76	0.9		0.92	0.95	0.86	0.79	-0.41	-0.45	0.98	0.88	0.82	0.98	0.97	-0.66	0.9	0.81	0.85
Total Liab	0.96	0.88	0.71	0.43	-0.58	0.99	0.92		0.99	0.98	0.75	-0.31	-0.32	0.93	0.91	0.95	0.97	0.9	-0.4	0.87	0.92	0.94
Total Current Assets	0.98	0.93	0.72	0.34	-0.6	0.99	0.95	0.99		0.94	0.83	-0.4	-0.41	0.97	0.94	0.94	0.99	0.95	-0.48	0.91	0.89	0.96
Short Term Debt	0.9	0.8	0.64	0.43	-0.57	0.95	0.86	0.98	0.94		0.67	-0.17	-0.17	0.87	0.86	0.92	0.92	0.84	-0.32	0.81	0.88	0.91
Common Stock	0.89	0.94	0.47	-0.06	-0.51	0.81	0.79	0.75	0.83	0.67		-0.61	-0.59	0.87	0.95	0.83	0.83	0.89	-0.49	0.95	0.71	0.81
Short Term Investments	-0.47	-0.55	-0.29	0.12	0.2	-0.37	-0.41	-0.31	-0.4	-0.17	-0.61		0.97	-0.45	-0.46	-0.38	-0.41	-0.47	0.27	-0.49	-0.32	-0.39
Intangible Assets	-0.46	-0.53	-0.38	0.02	0.2	-0.37	-0.45	-0.32	-0.41	-0.17	-0.59	0.97		-0.46	-0.44	-0.37	-0.43	-0.47	0.32	-0.47	-0.35	-0.36
Net Tangible Assets	0.98	0.97	0.77	0.3	-0.73	0.92	0.98	0.93	0.97	0.87	0.87	-0.45	-0.46		0.94	0.86	0.98	0.99	-0.61	0.96	0.79	0.9
Net Invested Capital	0.97	0.96	0.57	0.15	-0.57	0.94	0.88	0.91	0.94	0.86	0.95	-0.46	-0.44	0.94		0.94	0.93	0.94	-0.44	0.98	0.86	0.91
Short Long Term Debt	0.92	0.85	0.53	0.22	-0.4	0.96	0.82	0.95	0.94	0.92	0.83	-0.38	-0.37	0.86	0.94		0.91	0.84	-0.26	0.86	0.93	0.93
Net Working Capital	0.98	0.94	0.78	0.37	-0.67	0.97	0.98	0.97	0.99	0.92	0.83	-0.41	-0.43	0.98	0.93	0.91		0.97	-0.56	0.93	0.87	0.93
Property Plant Equipment	0.98	0.98	0.74	0.25	-0.76	0.91	0.97	0.9	0.95	0.84	0.89	-0.47	-0.47	0.99	0.94	0.84	0.97		-0.66	0.97	0.77	0.9
Long Term Investments	-0.51	-0.56	-0.63	-0.11	0.83	-0.37	-0.66	-0.4	-0.48	-0.32	-0.49	0.27	0.32	-0.61	-0.44	-0.26	-0.56	-0.66		-0.58	-0.2	-0.42
Capital Stock	0.97	0.99	0.61	0.11	-0.68	0.89	0.9	0.87	0.91	0.81	0.95	-0.49	-0.47	0.96	0.98	0.86	0.93	0.97	-0.58		0.76	0.89
Long Term Debt	0.85	0.76	0.66	0.51	-0.37	0.92	0.81	0.92	0.89	0.88	0.71	-0.32	-0.35	0.79	0.86	0.93	0.87	0.77	-0.2	0.76		0.8
Good Will	0.95	0.9	0.52	0.11	-0.51	0.97	0.85	0.94	0.96	0.91	0.81	-0.39	-0.36	0.9	0.91	0.93	0.93	0.9	-0.42	0.89	0.8

Click cells to compare fundamentals

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

Predict INC Research

Price Book Value Ratio Over Time

INC Book Value Per Share

Book Value Per Share

10.53

At this time, INC Research's Book Value Per Share is relatively stable compared to the past year.

Based on the latest financial disclosure, INC Research Holdings has a Price To Book of 0.4978 times. This is 98.06% lower than that of the Biotechnology sector and significantly higher than that of the Health Care industry. The price to book for all United States stocks is 94.77% higher than that of the company.

INC Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses INC Research'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 INC Research could also be used in its relative valuation, which is a method of valuing INC Research by comparing valuation metrics of similar companies.

INC Research is currently under evaluation in price to book category among its peers.

INC Research Current Valuation Drivers

We derive many important indicators used in calculating different scores of INC Research from analyzing INC Research's financial statements. These drivers represent accounts that assess INC Research's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of INC Research's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	463.7M	386.2M	415.3M	565.5M	223.1M	212.0M
Enterprise Value	473.1M	375.9M	384.0M	588.1M	317.7M	195.6M

INC Fundamentals

	Return On Equity	-0.14
	Return On Asset	-0.0024
	Profit Margin	(0.24) %
	Operating Margin	0.08 %
	Current Valuation	96.25 M
	Shares Outstanding	45.77 M
	Shares Owned By Insiders	39.59 %
	Shares Owned By Institutions	11.61 %
	Number Of Shares Shorted	13.85 K
	Price To Earning	37.77 X
	Price To Book	0.50 X
	Price To Sales	0.22 X
	Revenue	355.55 M
	Gross Profit	102.56 M
	EBITDA	(23.9 M)
	Net Income	(63.53 M)
	Cash And Equivalents	305.06 M
	Cash Per Share	2.92 X
	Total Debt	195.68 M
	Debt To Equity	0.32 %
	Current Ratio	1.87 X
	Book Value Per Share	9.64 X
	Cash Flow From Operations	(53.63 M)
	Short Ratio	0.69 X
	Earnings Per Share	(0.39) X
	Price To Earnings To Growth	1.03 X
	Target Price	33.56
	Number Of Employees	270
	Beta	0.033
	Market Capitalization	61.33 M
	Total Asset	786.61 M
	Retained Earnings	(204 M)
	Working Capital	192.94 M
	Current Asset	422.05 M
	Current Liabilities	474.59 M
	Net Asset	786.61 M

About INC Research Fundamental Analysis

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

Pair Trading with INC Research

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 INC Research 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 INC Research will appreciate offsetting losses from the drop in the long position's value.

Moving together with INC Stock

0.77	ME	23Andme Holding	Pair Corr
0.89	VALN	Valneva SE ADR	Pair Corr
0.82	JNJ	Johnson Johnson Sell-off Trend	Pair Corr

Moving against INC Stock

0.54	MDGL	Madrigal Pharmaceuticals	Pair Corr
0.48	KZR	Kezar Life Sciences	Pair Corr
0.43	RNXT	RenovoRx	Pair Corr
0.33	NXGLW	NexGel Warrant	Pair Corr
0.32	MLYS	Mineralys Therapeutics,	Pair Corr

The ability to find closely correlated positions to INC Research could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace INC Research 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 INC Research - 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 INC Research Holdings to buy it.

The correlation of INC Research 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 INC Research moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if INC Research Holdings 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 INC Research 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.

Pair Correlation Correlation Matching

Additional Tools for INC Stock Analysis

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

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