Western Copper And Stock Price To Book
| WRN Stock | CAD 1.60 0.14 8.05% |
Western Copper and fundamentals help investors to digest information that contributes to Western Copper's financial success or failures. It also enables traders to predict the movement of Western Stock. The fundamental analysis module provides a way to measure Western Copper'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 Western Copper stock.
As of the 5th of June 2024, Price To Book Ratio is likely to drop to 1.90. Western | Price To Book |
Western Copper and Company Price To Book Analysis
Western Copper'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 Western Copper Price To Book | 2.54 X |
Most of Western Copper'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, Western Copper and is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Western Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Western Copper is extremely important. It helps to project a fair market value of Western Stock properly, considering its historical fundamentals such as Price To Book. Since Western Copper'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 Western Copper'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 Western Copper's interrelated accounts and indicators.
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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.
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Western Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Western Copper and has a Price To Book of 2.5434 times. This is 79.12% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The price to book for all Canada stocks is 73.26% higher than that of the company.
Western Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Western Copper'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 Western Copper could also be used in its relative valuation, which is a method of valuing Western Copper by comparing valuation metrics of similar companies.Western Copper is currently under evaluation in price to book category among its peers.
Western Copper Current Valuation Drivers
We derive many important indicators used in calculating different scores of Western Copper from analyzing Western Copper's financial statements. These drivers represent accounts that assess Western Copper's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Western Copper's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 61.9M | 111.5M | 180.4M | 365.2M | 279.6M | 293.6M | |
| Enterprise Value | 58.9M | 109.9M | 151.8M | 364.3M | 253.8M | 266.5M |
Western Fundamentals
| Return On Equity | -0.0304 | |||
| Return On Asset | -0.0239 | |||
| Current Valuation | 258.08 M | |||
| Shares Outstanding | 196.21 M | |||
| Shares Owned By Insiders | 16.37 % | |||
| Shares Owned By Institutions | 15.48 % | |||
| Number Of Shares Shorted | 2.13 M | |||
| Price To Earning | (50.37) X | |||
| Price To Book | 2.54 X | |||
| EBITDA | (4.77 M) | |||
| Net Income | (3.34 M) | |||
| Cash And Equivalents | 1.34 M | |||
| Cash Per Share | 0.05 X | |||
| Total Debt | 417.98 K | |||
| Current Ratio | 8.59 X | |||
| Book Value Per Share | 0.85 X | |||
| Cash Flow From Operations | (2.54 M) | |||
| Short Ratio | 8.55 X | |||
| Earnings Per Share | (0.02) X | |||
| Target Price | 4.0 | |||
| Number Of Employees | 13 | |||
| Beta | 2.12 | |||
| Market Capitalization | 341.41 M | |||
| Total Asset | 143.92 M | |||
| Retained Earnings | (114.93 M) | |||
| Working Capital | 28.89 M | |||
| Current Asset | 10.7 M | |||
| Current Liabilities | 659.66 K | |||
| Net Asset | 143.92 M |
About Western Copper Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Western Copper and's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Western Copper using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Western Copper and 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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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Western Stock
When determining whether Western Copper offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western Copper's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Western Copper And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Copper And Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Copper and. 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 Search module to search for actively traded equities including funds and ETFs from over 30 global markets.