Globex Price To Sales Ratio vs Book Value Per Share Analysis
GMX Stock | CAD 1.09 0.02 1.87% |
Globex Mining financial indicator trend analysis is much more than just examining Globex Mining Enterprises latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Globex Mining Enterprises is a good investment. Please check the relationship between Globex Mining Price To Sales Ratio and its Book Value Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globex Mining Enterprises. 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.
Price To Sales Ratio vs Book Value Per Share
Price To Sales Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globex Mining Enterprises Price To Sales Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Globex Mining's Price To Sales Ratio and Book Value Per Share is 0.15. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Globex Mining Enterprises, assuming nothing else is changed. The correlation between historical values of Globex Mining's Price To Sales Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Globex Mining Enterprises are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Price To Sales Ratio i.e., Globex Mining's Price To Sales Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Globex Mining Enterprises stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Globex Mining sales, a figure that is much harder to manipulate than other Globex Mining Enterprises multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most indicators from Globex Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Globex Mining Enterprises current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globex Mining Enterprises. 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. As of the 22nd of May 2024, Enterprise Value is likely to grow to about 50.5 M, while Selling General Administrative is likely to drop about 1.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 35.2M | 1.9M | 1.3M | 1.2M | Total Revenue | 35.3M | 2.0M | 1.4M | 1.3M |
Globex Mining fundamental ratios Correlations
Click cells to compare fundamentals
Globex Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Globex Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.8M | 12.0M | 37.5M | 31.3M | 35.9M | 37.7M | |
Total Current Liabilities | 130.2K | 185.8K | 2.6M | 209.8K | 241.3K | 229.2K | |
Total Stockholder Equity | 4.6M | 10.9M | 34.9M | 31.0M | 35.7M | 37.5M | |
Property Plant And Equipment Net | 399.5K | 389.7K | 847.8K | 929.8K | 836.9K | 795.0K | |
Retained Earnings | (56.2M) | (50.2M) | (26.5M) | (30.6M) | (27.6M) | (28.9M) | |
Non Current Assets Total | 1.2M | 1.2M | 7.7M | 6.5M | 7.5M | 8.6M | |
Non Currrent Assets Other | 781.8K | 821.6K | 6.8M | 5.5M | 6.3M | 4.9M | |
Cash And Short Term Investments | 3.0M | 10.5M | 26.7M | 21.6M | 24.9M | 26.1M | |
Net Receivables | 277.0K | 221.6K | 132.6K | 1.1M | 1.3M | 1.4M | |
Common Stock Shares Outstanding | 52.9M | 55.3M | 56.8M | 55.5M | 63.9M | 67.1M | |
Short Term Investments | 1.4M | 5.7M | 14.6M | 20.1M | 23.1M | 24.3M | |
Liabilities And Stockholders Equity | 5.8M | 12.0M | 37.5M | 31.3M | 35.9M | 37.7M | |
Non Current Liabilities Total | 1.0M | 964.3K | 109.3K | 154.6K | 139.1K | 132.2K | |
Other Stockholder Equity | 4.9M | 5.0M | 4.9M | 5.0M | 4.5M | 4.2M | |
Total Liab | 1.2M | 1.2M | 2.6M | 209.8K | 241.3K | 229.2K | |
Property Plant And Equipment Gross | 399.5K | 389.7K | 1.6M | 1.7M | 1.6M | 2.7M | |
Total Current Assets | 4.6M | 10.8M | 29.8M | 24.7M | 28.5M | 29.9M | |
Other Current Liab | 32.1K | 39.3K | 2.5M | 55.2K | 63.5K | 62.0K | |
Net Debt | (1.6M) | (4.7M) | (12.1M) | (1.5M) | (1.4M) | (1.4M) | |
Accounts Payable | 98.0K | 146.5K | 109.3K | 154.6K | 139.1K | 273.2K | |
Cash | 1.6M | 4.8M | 12.1M | 1.5M | 1.8M | 1.6M | |
Accumulated Other Comprehensive Income | (674.5K) | (701.6K) | (674.9K) | (708.3K) | (637.4K) | (605.6K) | |
Other Current Assets | 1.2M | 0.0 | 3.0M | 1.9M | 2.2M | 1.1M | |
Common Stock Total Equity | 55.9M | 55.7M | 55.9M | 56.1M | 64.5M | 59.3M | |
Common Stock | 55.9M | 56.1M | 56.5M | 56.7M | 65.2M | 59.4M | |
Other Liab | 973.5K | 862.0K | 1.0M | 913.2K | 821.9K | 1.1M | |
Net Tangible Assets | 4.6M | 4.6M | 10.9M | 34.9M | 40.1M | 42.1M | |
Other Assets | 781.8K | 821.6K | 6.7M | 159.9K | 183.8K | 174.6K | |
Long Term Investments | 8.5K | 7.6K | 5.6K | 128.7K | 115.8K | 121.6K | |
Property Plant Equipment | 399.5K | 389.7K | 1.0M | 929.8K | 836.9K | 795.0K | |
Capital Surpluse | 4.9M | 5.0M | 4.9M | 5.0M | 5.7M | 5.3M | |
Net Invested Capital | 4.6M | 10.9M | 34.9M | 31.0M | 35.7M | 37.5M | |
Net Working Capital | 4.5M | 10.6M | 27.2M | 24.5M | 28.2M | 29.6M | |
Capital Stock | 55.9M | 56.1M | 56.5M | 56.7M | 65.2M | 61.8M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globex Mining Enterprises. 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.
Complementary Tools for Globex Stock analysis
When running Globex Mining's price analysis, check to measure Globex Mining'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 Globex Mining is operating at the current time. Most of Globex Mining's value examination focuses on studying past and present price action to predict the probability of Globex Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globex Mining's price. Additionally, you may evaluate how the addition of Globex Mining to your portfolios can decrease your overall portfolio volatility.
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data |