Martinrea Ptb Ratio vs Pb Ratio Analysis

MRE Stock  CAD 11.99  0.34  2.92%   
Martinrea International financial indicator trend analysis is infinitely more than just investigating Martinrea International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Martinrea International is a good investment. Please check the relationship between Martinrea International Ptb Ratio and its Pb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martinrea International. 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.

Ptb Ratio vs Pb Ratio

Ptb Ratio vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Martinrea International Ptb Ratio account and Pb Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Martinrea International's Ptb Ratio and Pb Ratio is 1.0. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Martinrea International, assuming nothing else is changed. The correlation between historical values of Martinrea International's Ptb Ratio and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Martinrea International are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Ptb Ratio i.e., Martinrea International's Ptb Ratio and Pb Ratio go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Pb Ratio

Most indicators from Martinrea International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Martinrea International 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martinrea International. 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.
At this time, Martinrea International's Selling General Administrative is very stable compared to the past year. As of the 1st of June 2024, Enterprise Value Over EBITDA is likely to grow to 3.72, while Tax Provision is likely to drop about 31.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense32.9M51.8M80.3M84.3M
Depreciation And Amortization251.6M293.4M337.4M354.3M

Martinrea International fundamental ratios Correlations

0.970.510.980.970.990.920.820.990.921.0-0.340.920.730.490.980.970.93-0.170.990.890.990.880.22-0.49-0.26
0.970.450.960.940.980.860.870.950.960.97-0.360.960.580.310.950.920.96-0.20.960.950.930.930.05-0.63-0.1
0.510.450.570.460.450.370.20.560.270.470.220.270.610.560.460.540.43-0.230.520.420.570.410.5-0.26-0.48
0.980.960.570.930.970.90.781.00.90.97-0.280.90.730.480.960.980.91-0.170.990.910.990.90.21-0.49-0.21
0.970.940.460.930.980.860.880.940.910.98-0.470.910.650.420.930.930.95-0.120.940.870.940.80.17-0.52-0.24
0.990.980.450.970.980.910.870.970.941.0-0.40.940.680.420.970.950.95-0.180.980.910.970.880.14-0.51-0.19
0.920.860.370.90.860.910.690.910.80.92-0.250.80.80.480.960.90.78-0.230.940.770.90.80.24-0.18-0.21
0.820.870.20.780.880.870.690.780.930.85-0.70.930.31-0.030.750.780.94-0.170.770.880.750.72-0.32-0.610.16
0.990.950.561.00.940.970.910.780.90.97-0.30.90.740.480.970.980.91-0.160.990.910.990.890.2-0.48-0.2
0.920.960.270.90.910.940.80.930.90.93-0.511.00.480.20.890.880.94-0.170.90.930.870.89-0.14-0.610.02
1.00.970.470.970.981.00.920.850.970.93-0.370.930.690.440.980.950.94-0.180.980.90.970.880.18-0.51-0.23
-0.34-0.360.22-0.28-0.47-0.4-0.25-0.7-0.3-0.51-0.37-0.520.050.29-0.23-0.35-0.51-0.3-0.26-0.44-0.27-0.170.520.26-0.39
0.920.960.270.90.910.940.80.930.91.00.93-0.520.480.20.890.880.94-0.160.90.930.880.89-0.14-0.60.02
0.730.580.610.730.650.680.80.310.740.480.690.050.480.820.770.750.48-0.130.760.470.790.550.570.14-0.54
0.490.310.560.480.420.420.48-0.030.480.20.440.290.20.820.530.510.220.110.510.170.580.340.840.11-0.74
0.980.950.460.960.930.970.960.750.970.890.98-0.230.890.770.530.940.87-0.230.990.850.970.90.26-0.4-0.29
0.970.920.540.980.930.950.90.780.980.880.95-0.350.880.750.510.940.89-0.130.970.890.990.830.2-0.42-0.18
0.930.960.430.910.950.950.780.940.910.940.94-0.510.940.480.220.870.89-0.10.90.950.880.84-0.06-0.67-0.01
-0.17-0.2-0.23-0.17-0.12-0.18-0.23-0.17-0.16-0.17-0.18-0.3-0.16-0.130.11-0.23-0.13-0.1-0.2-0.13-0.15-0.210.030.060.1
0.990.960.520.990.940.980.940.770.990.90.98-0.260.90.760.510.990.970.9-0.20.890.990.910.24-0.45-0.25
0.890.950.420.910.870.910.770.880.910.930.9-0.440.930.470.170.850.890.95-0.130.890.870.88-0.13-0.660.13
0.990.930.570.990.940.970.90.750.990.870.97-0.270.880.790.580.970.990.88-0.150.990.870.860.28-0.44-0.29
0.880.930.410.90.80.880.80.720.890.890.88-0.170.890.550.340.90.830.84-0.210.910.880.860.06-0.59-0.09
0.220.050.50.210.170.140.24-0.320.2-0.140.180.52-0.140.570.840.260.2-0.060.030.24-0.130.280.060.16-0.84
-0.49-0.63-0.26-0.49-0.52-0.51-0.18-0.61-0.48-0.61-0.510.26-0.60.140.11-0.4-0.42-0.670.06-0.45-0.66-0.44-0.590.16-0.08
-0.26-0.1-0.48-0.21-0.24-0.19-0.210.16-0.20.02-0.23-0.390.02-0.54-0.74-0.29-0.18-0.010.1-0.250.13-0.29-0.09-0.84-0.08
Click cells to compare fundamentals

Martinrea International Account Relationship Matchups

Martinrea International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B3.4B3.6B4.1B4.0B4.2B
Short Long Term Debt Total983.9M1.0B1.3B1.3B1.5B1.6B
Other Current Liab16.8M17.5M18.2M47.1M54.2M33.9M
Total Current Liabilities788.7M1.0B1.2B1.4B1.3B1.4B
Total Stockholder Equity1.2B1.2B1.2B1.4B1.5B1.5B
Property Plant And Equipment Net1.7B1.8B2.0B2.2B2.2B2.3B
Net Debt865.0M894.2M1.1B1.2B782.4M821.6M
Retained Earnings425.4M372.8M410.3M543.6M678.3M712.2M
Accounts Payable728M968.0M1.1B1.3B1.2B1.2B
Cash119.0M152.8M153.3M161.7M186.8M196.1M
Non Current Assets Total2.0B2.1B2.2B2.5B2.5B2.6B
Non Currrent Assets Other4.0M2.2M10K12.2M14.1M13.4M
Cash And Short Term Investments119.0M152.8M153.3M161.7M185.9M195.2M
Net Receivables577.3M600.4M648.0M794.3M644.0M367.8M
Common Stock Shares Outstanding82.6M80.1M80.4M80.4M79.3M67.8M
Liabilities And Stockholders Equity3.1B3.4B3.6B4.1B4.8B5.0B
Non Current Liabilities Total1.1B1.2B1.3B1.3B1.2B1.3B
Inventory383.7M492.7M590.8M665.3M568.3M596.7M
Other Current Assets26.3M26.0M28.6M38.4M44.1M46.3M
Other Stockholder Equity42.4M43.9M44.8M45.6M41.0M39.0M
Total Liab1.9B2.2B2.4B2.8B2.5B2.7B
Property Plant And Equipment Gross1.7B1.8B3.7B4.1B4.3B4.5B
Total Current Assets1.1B1.3B1.4B1.7B1.5B1.6B
Accumulated Other Comprehensive Income89.1M96.6M51.2M124.1M142.7M149.8M
Short Term Debt43.9M53.6M59.5M59.9M68.8M72.3M
Intangible Assets54.8M52.6M47.8M45.9M42.7M51.9M
Short Term Investments418K647K4.7M2.1M1.9M1.9M
Common Stock Total Equity713.4M680.2M661.4M662.4M596.2M550.9M
Common Stock661.4M662.4M663.4M663.6M597.3M547.2M
Other Liab147.1M160.2M64.1M60.2M54.2M51.5M
Net Tangible Assets1.2B1.2B1.2B1.4B1.6B1.1B
Other Assets218.9M248.2M186.4M178.9M205.8M224.6M
Long Term Debt765.9M815.7M990.8M1.1B956.5M839.3M
Deferred Long Term Liab53.0M52.6M47.8M45.9M41.3M45.8M
Short Long Term Debt15.7M19.5M20.2M16.2M12.8M12.1M
Property Plant Equipment1.7B1.8B2.0B2.2B2.5B1.6B
Long Term Debt Total940.0M993.5M1.2B1.3B1.5B980.2M
Capital Surpluse42.4M43.9M44.8M45.6M52.4M47.6M
Cash And Equivalents119.0M152.8M153.3M161.7M185.9M123.7M
Net Invested Capital2.0B2.0B2.2B2.4B2.4B2.3B

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martinrea International. 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.
Note that the Martinrea International information on this page should be used as a complementary analysis to other Martinrea International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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Please note, there is a significant difference between Martinrea International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Martinrea International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Martinrea International's 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.