Great Ptb Ratio vs Book Value Per Share Analysis
GWO Stock | CAD 39.91 0.27 0.68% |
Great West financial indicator trend analysis is much more than just examining Great West Lifeco latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great West Lifeco is a good investment. Please check the relationship between Great West Ptb 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 Great West Lifeco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Ptb Ratio vs Book Value Per Share
Ptb 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 Great West Lifeco Ptb Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Great West's Ptb Ratio and Book Value Per Share is -0.24. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Great West Lifeco, assuming nothing else is changed. The correlation between historical values of Great West's Ptb 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 Ptb Ratio of Great West Lifeco 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 Ptb Ratio i.e., Great West's Ptb Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.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 Great West's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great West Lifeco 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 Great West Lifeco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Great West's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 29th of June 2024, Enterprise Value is likely to grow to about 45.6 B, while Selling General Administrative is likely to drop about 3.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 64.4B | 44.7B | 51.4B | 32.9B | Total Revenue | 64.4B | 44.7B | 25.3B | 32.7B |
Great West fundamental ratios Correlations
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Great West Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Great West fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 451.2B | 600.5B | 630.5B | 701.5B | 713.2B | 748.9B | |
Short Long Term Debt Total | 7.0B | 10.7B | 9.7B | 11.3B | 13.0B | 13.6B | |
Total Stockholder Equity | 22.7B | 24.0B | 27.2B | 29.0B | 26.8B | 16.2B | |
Property Plant And Equipment Net | 1.6B | 1.6B | 1.5B | 1.5B | 1.4B | 1.3B | |
Net Debt | 2.3B | 2.8B | 5.0B | 4.9B | 2.2B | 1.9B | |
Retained Earnings | 13.7B | 15.0B | 16.4B | 17.8B | 15.5B | 8.4B | |
Other Assets | 301.5B | 420.6B | 455.7B | 510.2B | 586.7B | 616.1B | |
Net Receivables | 6.5B | 6.7B | 7.1B | 7.9B | 4.9B | 3.6B | |
Common Stock Shares Outstanding | 946.5M | 927.8M | 931.0M | 932.3M | 932.4M | 973.3M | |
Liabilities And Stockholders Equity | 451.2B | 600.5B | 630.5B | 701.5B | 806.7B | 847.0B | |
Other Stockholder Equity | 350M | 372M | 1.7B | 1.7B | 1.5B | 1.6B | |
Total Liab | 425.6B | 573.5B | 600.0B | 669.1B | 683.4B | 717.5B | |
Property Plant And Equipment Gross | 1.0B | 1.2B | 1.6B | 1.6B | 1.8B | 1.2B | |
Other Current Assets | 22.7B | 24.4B | 24.4B | 29.8B | 26.8B | 21.2B | |
Total Current Assets | 11.2B | 14.6B | 24.3B | 26.7B | 24.0B | 22.8B | |
Intangible Assets | 3.9B | 4.3B | 5.5B | 6.2B | 4.5B | 3.9B | |
Cash | 4.6B | 7.9B | 4.8B | 6.4B | 7.1B | 7.4B | |
Cash And Short Term Investments | 4.6B | 7.9B | 17.2B | 18.8B | 21.7B | 22.7B | |
Good Will | 6.5B | 10.1B | 9.1B | 10.6B | 11.2B | 6.4B | |
Common Stock Total Equity | 7.3B | 7.3B | 5.6B | 5.7B | 6.5B | 5.6B | |
Common Stock | 5.6B | 5.7B | 5.7B | 5.8B | 6.7B | 5.7B | |
Accumulated Other Comprehensive Income | 495M | 487M | 632M | 981M | 1.1B | 1.2B | |
Short Term Debt | 808M | 2.0B | 1.1B | 1.2B | 1.3B | 1.0B | |
Accounts Payable | 3.4B | 2.7B | 3.0B | 3.2B | 3.2B | 2.0B | |
Other Current Liab | (4.2B) | (4.7B) | (4.1B) | (4.3B) | (3.9B) | (3.7B) | |
Total Current Liabilities | 4.2B | 4.7B | 4.1B | 4.3B | 3.9B | 5.2B | |
Other Liab | 410.2B | 554.7B | 580.6B | 644.6B | 741.3B | 472.6B | |
Net Tangible Assets | 9.6B | 6.9B | 9.9B | 9.5B | 10.9B | 9.9B | |
Long Term Debt | 5.6B | 8.7B | 8.6B | 9.6B | 8.9B | 7.4B | |
Long Term Investments | 126.5B | 149.3B | 134.4B | 146.2B | 214.2B | 123.7B | |
Short Long Term Debt | 1.3B | 1.4B | 593M | 1.2B | 435M | 413.3M | |
Property Plant Equipment | 1.6B | 1.6B | 1.5B | 1.5B | 1.7B | 1.3B | |
Long Term Debt Total | 6.1B | 9.3B | 9.1B | 10.1B | 11.7B | 8.1B | |
Capital Surpluse | 175M | 186M | 192M | 209M | 240.4M | 187.2M | |
Net Invested Capital | 26.3B | 31.5B | 33.7B | 37.1B | 33.4B | 34.0B | |
Capital Stock | 8.3B | 8.4B | 8.5B | 8.5B | 8.7B | 7.0B |
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Balance Sheet is a snapshot of the financial position of Great West Lifeco at a specified time, usually calculated after every quarter, six months, or one year. Great West Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Great West and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Great currently owns. An asset can also be divided into two categories, current and non-current.