Albemarle Price to Book

ALB
 Stock
  

USD 272.82  11.08  3.90%   

Albemarle Corp fundamentals help investors to digest information that contributes to Albemarle Corp's financial success or failures. It also enables traders to predict the movement of Albemarle Stock. The fundamental analysis module provides a way to measure Albemarle Corp'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 Albemarle Corp 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.
  
As of November 28, 2022, Price to Book Value is expected to decline to 4.33.

Albemarle Price to Book Analysis

Albemarle Corp'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.
 2019 2020 2021 2022 (projected)
Consolidated Income604.36 M446.62 M199.94 M205.2 M
Direct Expenses2.33 B2.13 B2.33 B2.06 B
P/B 
 = 
MV Per Share 
BV Per Share 
More About Price to Book | All Equity Analysis

Current Albemarle Corp Price to Book

    
  4.94 X  
Most of Albemarle Corp'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, Albemarle Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Albemarle Price to Book Driver Correlations

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

Albemarle Price to Book Historical Pattern

Today, most investors in Albemarle Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Albemarle Corp'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 Albemarle Corp price to book as a starting point in their analysis.
   Albemarle Corp Price to Book   
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       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.
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Albemarle Book Value per Share

Book Value per Share

42.92

Albemarle Corp Book Value per Share is projected to increase significantly based on the last few years of reporting. The past year's Book Value per Share was at 48.56
Based on the latest financial disclosure, the price to book indicator of Albemarle Corp is roughly 4.94 times. This is 59.44% lower than that of the Basic Materials sector and 25.6% lower than that of the Specialty Chemicals industry. The price to book for all United States stocks is 48.05% higher than that of the company.

Albemarle Price to Book Peer Comparison

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

Albemarle Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Albemarle Corp from analyzing Albemarle Corp's financial statements. These drivers represent accounts that assess Albemarle Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Albemarle Corp's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee10.16 K117.55 K88.87 K63.52 K20.61 K21.15 K
Revenue Per Employee568.88 K572.02 K598.24 K528.88 K554.66 K633.09 K
Average Assets7.48 B7.54 B8.49 B10.18 B10.72 B9.71 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA731.65 M1.02 B803.95 M650.24 M420.69 M493.34 M
Earnings Before Interest Taxes and Depreciation Amortization USD798.95 M1.09 B892.57 M735.29 M468.59 M659.45 M
Earnings before Tax486.67 M838.39 M621.39 M430.19 M153.12 M157.15 M
Average Equity3.74 B3.65 B3.81 B4.07 B5.81 B4.85 B
Enterprise Value14.88 B9.24 B9.37 B18.55 B28.77 B31.04 B
Free Cash Flow(13.72 M)(153.83 M)(122.07 M)(51.56 M)(609.41 M)(625.45 M)
Invested Capital5.22 B5.6 B8.96 B9.46 B9.15 B8.32 B
Invested Capital Average5.01 B5.41 B6.93 B9.5 B8.94 B8.06 B
Market Capitalization14.13 B8.19 B7.74 B15.7 B27.35 B29.5 B
Tangible Asset Value5.72 B5.63 B7.93 B8.44 B9.07 B8.18 B
Working Capital1.28 B815.25 M816.11 M404.33 M133.65 M137.16 M

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

Albemarle Fundamentals

About Albemarle Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Albemarle Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Albemarle Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Albemarle Corp 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.
Last ReportedProjected for 2022
Price to Book Value 4.86  4.33 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Albemarle Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Albemarle Corp

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 Albemarle Corp 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 Albemarle Corp will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Albemarle Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Albemarle Corp 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 Albemarle Corp - 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 Albemarle Corp to buy it.
The correlation of Albemarle Corp is a statistical measure of how it moves in relation to other equities. 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 Albemarle Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Albemarle Corp 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 Albemarle Corp 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 CorrelationCorrelation Matching
Please continue to Albemarle Corp Piotroski F Score and Albemarle Corp Altman Z Score analysis. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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Is Albemarle Corp'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 Albemarle Corp. If investors know Albemarle 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 Albemarle Corp 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 YOY
(0.044) 
Market Capitalization
32 B
Quarterly Revenue Growth YOY
1.52
Return On Assets
0.0933
Return On Equity
0.26
The market value of Albemarle Corp is measured differently than its book value, which is the value of Albemarle that is recorded on the company's balance sheet. Investors also form their own opinion of Albemarle Corp's value that differs from its market value or its book value, called intrinsic value, which is Albemarle Corp'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 Albemarle Corp's market value can be influenced by many factors that don't directly affect Albemarle Corp'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 Albemarle Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Albemarle Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albemarle Corp'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.