Whitecap Resources Stock Price To Book

WCP Stock  CAD 10.23  0.04  0.39%   
Whitecap Resources fundamentals help investors to digest information that contributes to Whitecap Resources' financial success or failures. It also enables traders to predict the movement of Whitecap Stock. The fundamental analysis module provides a way to measure Whitecap Resources' 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 Whitecap Resources stock.
As of the 15th of May 2024, Price To Book Ratio is likely to grow to 1.60.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Whitecap Resources Company Price To Book Analysis

Whitecap Resources' 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 Whitecap Resources Price To Book

    
  1.16 X  
Most of Whitecap Resources' 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, Whitecap Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Whitecap Price To Book Driver Correlations

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

Whitecap Book Value Per Share

Book Value Per Share

4.58

At this time, Whitecap Resources' Book Value Per Share is very stable compared to the past year.
Based on the latest financial disclosure, Whitecap Resources has a Price To Book of 1.1606 times. This is 71.2% lower than that of the Oil, Gas & Consumable Fuels sector and 89.15% lower than that of the Energy industry. The price to book for all Canada stocks is 87.8% higher than that of the company.

Whitecap Price To Book Peer Comparison

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

Whitecap Fundamentals

About Whitecap Resources Fundamental Analysis

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whitecap 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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