Condor Energies Stock Price To Book

CDR Stock   1.90  0.09  4.97%   
Condor Energies fundamentals help investors to digest information that contributes to Condor Energies' financial success or failures. It also enables traders to predict the movement of Condor Stock. The fundamental analysis module provides a way to measure Condor Energies' 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 Condor Energies stock.
As of the 17th of May 2024, Price To Book Ratio is likely to grow to -28.92.
  
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Condor Energies Company Price To Book Analysis

Condor Energies' 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 Condor Energies Price To Book

    
  4.63 X  
Most of Condor Energies' 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, Condor Energies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Condor Price To Book Driver Correlations

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

Condor Book Value Per Share

Book Value Per Share

(0.0427)

At this time, Condor Energies' Book Value Per Share is very stable compared to the past year.
Based on the latest financial disclosure, Condor Energies has a Price To Book of 4.6281 times. This is 14.84% higher than that of the Oil, Gas & Consumable Fuels sector and 56.75% lower than that of the Energy industry. The price to book for all Canada stocks is 51.33% higher than that of the company.

Condor Price To Book Peer Comparison

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

Condor Fundamentals

About Condor Energies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Condor Energies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Condor Energies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Condor Energies 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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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Condor Energies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Condor Energies' price analysis, check to measure Condor Energies' 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 Condor Energies is operating at the current time. Most of Condor Energies' value examination focuses on studying past and present price action to predict the probability of Condor Energies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Condor Energies' price. Additionally, you may evaluate how the addition of Condor Energies to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Condor Energies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Condor Energies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Condor Energies' 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.