We were able to break down and collect data for thirty-six available financial ratios for Petrus Resources, which can be compared to its competitors. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Petrus Resources to be traded at C$1.3344 in 90 days. Key indicators impacting Petrus Resources' financial strength include:
Understanding current and past Petrus Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Petrus Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Petrus Resources' assets may result in an increase in income on the income statement.
Petrus Resources competes with InPlay Oil, Yangarra Resources, and Pine Cliff. Petrus Resources Ltd., an energy company, engages in the acquisition, exploration, development, and exploitation of oil and gas development assets in western Canada. It also has an average of 61 percent working interest in the ThorsbyPembina area covering 24,929 net acres of undeveloped land and 47,862 net acres of developed land located in southwest of Edmonton, Alberta and an average of 52 percent working interest in the Foothills area that consists of 35,448 net acres of undeveloped land and 7,647 net acres of developed land located northwest of Rocky Mountain House, Alberta. PETRUS RESOURCES operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 22 people.
You should never invest in Petrus Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Petrus Stock, because this is throwing your money away. Analyzing the key information contained in Petrus Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Petrus Resources Key Financial Ratios
Petrus Resources' financial ratios allow both analysts and investors to convert raw data from Petrus Resources' financial statements into concise, actionable information that can be used to evaluate the performance of Petrus Resources over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Petrus Resources's current stock value. Our valuation model uses many indicators to compare Petrus Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Petrus Resources competition to find correlations between indicators driving Petrus Resources's intrinsic value. More Info.
Petrus Resources is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.32 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Petrus Resources is roughly 3.08 . At this time, Petrus Resources' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Petrus Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Petrus Resources' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Petrus Resources Systematic Risk
Petrus Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Petrus Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Petrus Resources correlated with the market. If Beta is less than 0 Petrus Resources generally moves in the opposite direction as compared to the market. If Petrus Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Petrus Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Petrus Resources is generally in the same direction as the market. If Beta > 1 Petrus Resources moves generally in the same direction as, but more than the movement of the benchmark.
Petrus Resources Total Assets Over Time
Today, most investors in Petrus Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Petrus Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Petrus Resources growth as a starting point in their analysis.
Petrus Resources November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Petrus Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Petrus Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Petrus Resources based on widely used predictive technical indicators. In general, we focus on analyzing Petrus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Petrus Resources's daily price indicators and compare them against related drivers.
Petrus Resources financial ratios help investors to determine whether Petrus 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 Petrus with respect to the benefits of owning Petrus Resources security.