Aspira Price to Book

AWH
 Stock
  

USD 1.07  0.13  13.83%   

Aspira Womans Health fundamentals help investors to digest information that contributes to Aspira Womans' financial success or failures. It also enables traders to predict the movement of Aspira Stock. The fundamental analysis module provides a way to measure Aspira Womans' 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 Aspira Womans 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.
  
The current Price to Book Value is estimated to increase to 6.75.

Aspira Price to Book Analysis

Aspira Womans' 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)
Revenues USD4.54 M4.65 M6.81 M5.49 M
Revenues4.54 M4.65 M6.81 M5.49 M
P/B 
 = 
MV Per Share 
BV Per Share 
More About Price to Book | All Equity Analysis

Current Aspira Womans Price to Book

    
  2.74 X  
Most of Aspira Womans' 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, Aspira Womans Health is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Aspira Price to Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Aspira Womans 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 Aspira Womans' 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 Aspira Womans' 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 Aspira Womans' interrelated accounts and indicators.

Aspira Price to Book Historical Pattern

Today, most investors in Aspira Womans Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Aspira Womans' 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 Aspira Womans price to book as a starting point in their analysis.
   Aspira Womans Price to Book   
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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.
Compare to competition
Based on the latest financial disclosure, the price to book indicator of Aspira Womans Health is roughly 2.74 times. This is 89.33% lower than that of the sector and 63.95% lower than that of the Price to Book industry. The price to book for all United States stocks is 71.19% higher than that of the company.

Aspira Price to Book Peer Comparison

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

Aspira Womans Current Valuation Drivers

We derive many important indicators used in calculating different scores of Aspira Womans from analyzing Aspira Womans' financial statements. These drivers represent accounts that assess Aspira Womans' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Aspira Womans' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(262.43 K)(264.44 K)(287.49 K)(258.78 K)(293.17 K)(316.31 K)
Revenue Per Employee78.03 K71 K85.62 K67.22 K63.07 K75.94 K
Average Assets8.95 M11.61 M14.19 M16.08 M51.81 M55.9 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(9.67 M)(10.67 M)(14.9 M)(17.62 M)(31.27 M)(32.1 M)
Earnings Before Interest Taxes and Depreciation Amortization USD(9.67 M)(10.67 M)(14.9 M)(17.62 M)(31.27 M)(32.1 M)
Earnings before Tax(10.5 M)(11.37 M)(15.24 M)(17.91 M)(31.66 M)(32.5 M)
Average Equity5.1 M7.54 M9.39 M9.21 M41.96 M45.27 M
Enterprise Value109.76 M12.38 M65.47 M682.16 M156.73 M148.04 M
Free Cash Flow(15.22 M)(8.19 M)(9.48 M)(13.1 M)(27.58 M)(28.3 M)
Invested Capital1.01 M565 K(206 K)2.14 M(84 K)(90.63 K)
Invested Capital Average1.58 M866.75 K(132.25 K)544.25 K554.5 K598.28 K
Market Capitalization115.8 M22.61 M78.76 M698.42 M198.46 M179.28 M
Tangible Asset Value7.5 M11.41 M13.83 M19.61 M41.08 M32.62 M
Working Capital3.7 M7.82 M9.43 M12.6 M32.16 M34.7 M

Aspira Fundamentals

About Aspira Womans Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Aspira Womans Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aspira Womans using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aspira Womans Health 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 6.58  6.75 
Aspira Womens Health Inc., together with its subsidiaries, engages in developing and commercializing diagnostic tests for gynecologic disease in the United States. Aspira Womens Health Inc. was incorporated in 1993 and is headquartered in Austin, Texas. Aspira Womans operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 106 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Aspira Womans without increasing your portfolio risk or giving up 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 Aspira Womans

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 Aspira Womans 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 Aspira Womans will appreciate offsetting losses from the drop in the long position's value.

Moving against Aspira Womans

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The ability to find closely correlated positions to Aspira Womans could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aspira Womans 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 Aspira Womans - 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 Aspira Womans Health to buy it.
The correlation of Aspira Womans 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 Aspira Womans moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aspira Womans Health 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 Aspira Womans 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 Aspira Womans Piotroski F Score and Aspira Womans Altman Z Score analysis. Note that the Aspira Womans Health information on this page should be used as a complementary analysis to other Aspira Womans' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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Is Aspira Womans' 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 Aspira Womans. If investors know Aspira 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 Aspira Womans listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
120.1 M
Quarterly Revenue Growth YOY
0.27
Return On Assets
-0.48
Return On Equity
-0.95
The market value of Aspira Womans Health is measured differently than its book value, which is the value of Aspira that is recorded on the company's balance sheet. Investors also form their own opinion of Aspira Womans' value that differs from its market value or its book value, called intrinsic value, which is Aspira Womans' 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 Aspira Womans' market value can be influenced by many factors that don't directly affect Aspira Womans' 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 Aspira Womans' value and its price as these two are different measures arrived at by different means. Investors typically determine Aspira Womans value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspira Womans' 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.