Canadian Spirit Resources Stock Price To Book
| SPI Stock | CAD 0.09 0.00 0.00% |
Canadian Spirit Resources fundamentals help investors to digest information that contributes to Canadian Spirit's financial success or failures. It also enables traders to predict the movement of Canadian Stock. The fundamental analysis module provides a way to measure Canadian Spirit'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 Canadian Spirit stock.
Canadian | Price To Book |
Canadian Spirit Resources Company Price To Book Analysis
Canadian Spirit'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.
Current Canadian Spirit Price To Book | 0.61 X |
Most of Canadian Spirit'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, Canadian Spirit Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 |
Based on the latest financial disclosure, Canadian Spirit Resources has a Price To Book of 0.6109 times. This is 84.84% lower than that of the Oil, Gas & Consumable Fuels sector and 94.29% lower than that of the Energy industry. The price to book for all Canada stocks is 93.58% higher than that of the company.
Canadian Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian Spirit'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 Canadian Spirit could also be used in its relative valuation, which is a method of valuing Canadian Spirit by comparing valuation metrics of similar companies.Canadian Spirit is currently under evaluation in price to book category among related companies.
Canadian Fundamentals
| Return On Equity | -0.0592 | ||||
| Return On Asset | -0.032 | ||||
| Operating Margin | (4.15) % | ||||
| Current Valuation | 24.63 M | ||||
| Shares Outstanding | 278.18 M | ||||
| Shares Owned By Insiders | 63.21 % | ||||
| Number Of Shares Shorted | 32 | ||||
| Price To Earning | (0.55) X | ||||
| Price To Book | 0.61 X | ||||
| Price To Sales | 41.04 X | ||||
| Revenue | 284.01 K | ||||
| Gross Profit | (162.7 K) | ||||
| EBITDA | (1.47 M) | ||||
| Net Income | (1.83 M) | ||||
| Cash And Equivalents | 1.65 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 45.68 K | ||||
| Debt To Equity | 0.10 % | ||||
| Current Ratio | 14.46 X | ||||
| Book Value Per Share | 0.13 X | ||||
| Cash Flow From Operations | (1.33 M) | ||||
| Short Ratio | 0.10 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Target Price | 0.15 | ||||
| Beta | 1.76 | ||||
| Market Capitalization | 25.04 M | ||||
| Total Asset | 39.27 M | ||||
| Retained Earnings | (95.94 M) | ||||
| Working Capital | 259.57 K | ||||
| Net Asset | 39.27 M |
About Canadian Spirit Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian Spirit Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Spirit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Spirit Resources 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Canadian Spirit Resources. 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Canadian Stock analysis
When running Canadian Spirit's price analysis, check to measure Canadian Spirit'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 Canadian Spirit is operating at the current time. Most of Canadian Spirit's value examination focuses on studying past and present price action to predict the probability of Canadian Spirit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Spirit's price. Additionally, you may evaluate how the addition of Canadian Spirit to your portfolios can decrease your overall portfolio volatility.
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