Westbridge Financial Statements From 2010 to 2024
| WEGYF Stock | USD 0.57 0.04 6.56% |
Check Westbridge Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Westbridge Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . Westbridge financial statements analysis is a perfect complement when working with Westbridge Energy Valuation or Volatility modules.
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Westbridge Energy OTC Stock Price To Book Analysis
Westbridge Energy'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 Westbridge Energy Price To Book | 9.84 X |
Most of Westbridge Energy'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, Westbridge Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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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Based on the latest financial disclosure, Westbridge Energy has a Price To Book of 9.8429 times. This is 57.99% higher than that of the Utilities sector and significantly higher than that of the Utilities—Renewable industry. The price to book for all United States stocks is 3.5% lower than that of the firm.
Westbridge Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Westbridge Energy's current stock value. Our valuation model uses many indicators to compare Westbridge Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Westbridge Energy competition to find correlations between indicators driving Westbridge Energy's intrinsic value. More Info.Westbridge Energy is rated second in return on asset category among its peers. It is rated second in current valuation category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Westbridge Energy's earnings, one of the primary drivers of an investment's value.About Westbridge Energy Financial Statements
Westbridge Energy stakeholders use historical fundamental indicators, such as Westbridge Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although Westbridge Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Westbridge Energy's assets and liabilities are reflected in the revenues and expenses on Westbridge Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Westbridge Energy. Please read more on our technical analysis and fundamental analysis pages.
Westbridge Energy Corporation engages in the acquisition and development of solar photovoltaic projects in Canada and the United States. It also holds 100 percent interest in the Accalia project, a 221MWp solar PV plant covering an area of approximately 1,120 acres located in Cameron County, Texas and 75 percent interest in the Sunnynook Project, a 236MWp solar PV plant with a 100MW battery energy storage system covering an area of approximately 940 acres located in Sunnynook, Alberta, Canada. Westbridge Renewable operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in Westbridge OTC Stock
Westbridge Energy financial ratios help investors to determine whether Westbridge OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Westbridge with respect to the benefits of owning Westbridge Energy security.