Great Ptb Ratio vs Pb Ratio 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 Pb Ratio 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 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 Great West Lifeco Ptb Ratio account and Pb Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Great West'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 Great West Lifeco, assuming nothing else is changed. The correlation between historical values of Great West'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 Great West Lifeco 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., Great West'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 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 Profit64.4B44.7B51.4B32.9B
Total Revenue64.4B44.7B25.3B32.7B

Great West fundamental ratios Correlations

0.980.770.820.50.80.940.730.41-0.071.00.840.830.13-0.550.830.930.880.860.30.00.330.670.75-0.7-0.24
0.980.680.760.410.720.930.630.4-0.030.980.790.860.12-0.570.750.940.890.850.270.00.310.70.68-0.7-0.27
0.770.680.730.750.970.760.90.62-0.260.760.760.72-0.2-0.160.90.630.470.850.620.360.650.580.87-0.360.04
0.820.760.730.40.850.620.880.16-0.170.820.960.530.36-0.710.740.840.650.770.060.020.080.650.86-0.76-0.24
0.50.410.750.40.70.480.690.57-0.140.490.360.52-0.3-0.020.840.260.310.60.510.250.520.330.5-0.23-0.09
0.80.720.970.850.70.720.960.45-0.20.80.860.660.01-0.350.910.720.550.90.440.240.460.640.91-0.5-0.06
0.940.930.760.620.480.720.60.59-0.140.940.660.88-0.13-0.250.750.810.780.770.540.110.560.570.69-0.43-0.02
0.730.630.90.880.690.960.60.39-0.190.720.820.560.05-0.380.880.680.460.80.330.250.350.580.89-0.51-0.03
0.410.40.620.160.570.450.590.39-0.210.40.120.78-0.840.350.440.240.070.370.930.740.930.240.390.10.23
-0.07-0.03-0.26-0.17-0.14-0.2-0.14-0.19-0.21-0.06-0.11-0.030.18-0.19-0.05-0.050.17-0.01-0.34-0.28-0.33-0.15-0.43-0.16-0.27
1.00.980.760.820.490.80.940.720.4-0.060.840.830.14-0.560.820.930.890.860.29-0.010.320.670.75-0.7-0.25
0.840.790.760.960.360.860.660.820.12-0.110.840.550.4-0.720.750.850.730.850.07-0.050.10.660.86-0.77-0.3
0.830.860.720.530.520.660.880.560.78-0.030.830.55-0.38-0.210.670.730.620.750.640.410.660.580.58-0.44-0.13
0.130.12-0.20.36-0.30.01-0.130.05-0.840.180.140.4-0.38-0.750.030.280.410.11-0.85-0.77-0.830.120.05-0.56-0.43
-0.55-0.57-0.16-0.71-0.02-0.35-0.25-0.380.35-0.19-0.56-0.72-0.21-0.75-0.36-0.66-0.68-0.50.530.410.51-0.46-0.340.950.7
0.830.750.90.740.840.910.750.880.44-0.050.820.750.670.03-0.360.670.670.860.360.060.390.540.75-0.54-0.17
0.930.940.630.840.260.720.810.680.24-0.050.930.850.730.28-0.660.670.80.830.120.030.150.80.7-0.75-0.25
0.880.890.470.650.310.550.780.460.070.170.890.730.620.41-0.680.670.80.71-0.05-0.43-0.010.450.51-0.75-0.39
0.860.850.850.770.60.90.770.80.37-0.010.860.850.750.11-0.50.860.830.710.320.160.350.790.75-0.66-0.29
0.30.270.620.060.510.440.540.330.93-0.340.290.070.64-0.850.530.360.12-0.050.320.731.00.20.390.30.39
0.00.00.360.020.250.240.110.250.74-0.28-0.01-0.050.41-0.770.410.060.03-0.430.160.730.710.330.180.250.27
0.330.310.650.080.520.460.560.350.93-0.330.320.10.66-0.830.510.390.15-0.010.351.00.710.220.420.270.37
0.670.70.580.650.330.640.570.580.24-0.150.670.660.580.12-0.460.540.80.450.790.20.330.220.5-0.56-0.23
0.750.680.870.860.50.910.690.890.39-0.430.750.860.580.05-0.340.750.70.510.750.390.180.420.5-0.440.08
-0.7-0.7-0.36-0.76-0.23-0.5-0.43-0.510.1-0.16-0.7-0.77-0.44-0.560.95-0.54-0.75-0.75-0.660.30.250.27-0.56-0.440.78
-0.24-0.270.04-0.24-0.09-0.06-0.02-0.030.23-0.27-0.25-0.3-0.13-0.430.7-0.17-0.25-0.39-0.290.390.270.37-0.230.080.78
Click cells to compare fundamentals

Great West Account Relationship Matchups

Great West fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets451.2B600.5B630.5B701.5B713.2B748.9B
Short Long Term Debt Total7.0B10.7B9.7B11.3B13.0B13.6B
Total Stockholder Equity22.7B24.0B27.2B29.0B26.8B16.2B
Property Plant And Equipment Net1.6B1.6B1.5B1.5B1.4B1.3B
Net Debt2.3B2.8B5.0B4.9B2.2B1.9B
Retained Earnings13.7B15.0B16.4B17.8B15.5B8.4B
Other Assets301.5B420.6B455.7B510.2B586.7B616.1B
Net Receivables6.5B6.7B7.1B7.9B4.9B3.6B
Common Stock Shares Outstanding946.5M927.8M931.0M932.3M932.4M973.3M
Liabilities And Stockholders Equity451.2B600.5B630.5B701.5B806.7B847.0B
Other Stockholder Equity350M372M1.7B1.7B1.5B1.6B
Total Liab425.6B573.5B600.0B669.1B683.4B717.5B
Property Plant And Equipment Gross1.0B1.2B1.6B1.6B1.8B1.2B
Other Current Assets22.7B24.4B24.4B29.8B26.8B21.2B
Total Current Assets11.2B14.6B24.3B26.7B24.0B22.8B
Intangible Assets3.9B4.3B5.5B6.2B4.5B3.9B
Cash4.6B7.9B4.8B6.4B7.1B7.4B
Cash And Short Term Investments4.6B7.9B17.2B18.8B21.7B22.7B
Good Will6.5B10.1B9.1B10.6B11.2B6.4B
Common Stock Total Equity7.3B7.3B5.6B5.7B6.5B5.6B
Common Stock5.6B5.7B5.7B5.8B6.7B5.7B
Accumulated Other Comprehensive Income495M487M632M981M1.1B1.2B
Short Term Debt808M2.0B1.1B1.2B1.3B1.0B
Accounts Payable3.4B2.7B3.0B3.2B3.2B2.0B
Other Current Liab(4.2B)(4.7B)(4.1B)(4.3B)(3.9B)(3.7B)
Total Current Liabilities4.2B4.7B4.1B4.3B3.9B5.2B
Other Liab410.2B554.7B580.6B644.6B741.3B472.6B
Net Tangible Assets9.6B6.9B9.9B9.5B10.9B9.9B
Long Term Debt5.6B8.7B8.6B9.6B8.9B7.4B
Long Term Investments126.5B149.3B134.4B146.2B214.2B123.7B
Short Long Term Debt1.3B1.4B593M1.2B435M413.3M
Property Plant Equipment1.6B1.6B1.5B1.5B1.7B1.3B
Long Term Debt Total6.1B9.3B9.1B10.1B11.7B8.1B
Capital Surpluse175M186M192M209M240.4M187.2M
Net Invested Capital26.3B31.5B33.7B37.1B33.4B34.0B
Capital Stock8.3B8.4B8.5B8.5B8.7B7.0B

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Other Information on Investing in Great Stock

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.