Baytex Energy Corp Stock Price To Earnings To Growth

BTE Stock  CAD 4.22  0.02  0.48%   
Baytex Energy Corp fundamentals help investors to digest information that contributes to Baytex Energy's financial success or failures. It also enables traders to predict the movement of Baytex Stock. The fundamental analysis module provides a way to measure Baytex Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Baytex Energy stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Baytex Energy Corp Company Price To Earnings To Growth Analysis

Baytex Energy's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

Current Baytex Energy Price To Earnings To Growth

    
  (0.36) X  
Most of Baytex Energy's fundamental indicators, such as Price To Earnings To Growth, 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, Baytex Energy Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Baytex Price To Earnings To Growth Driver Correlations

Understanding the fundamental principles of building solid financial models for Baytex Energy is extremely important. It helps to project a fair market value of Baytex Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since Baytex Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Baytex Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Baytex Energy's interrelated accounts and indicators.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
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Baytex Price Earnings To Growth Ratio

Price Earnings To Growth Ratio

0.099

At this time, Baytex Energy's Price Earnings To Growth Ratio is very stable compared to the past year.
Based on the latest financial disclosure, Baytex Energy Corp has a Price To Earnings To Growth of -0.36 times. This is 102.04% lower than that of the Oil, Gas & Consumable Fuels sector and 116.9% lower than that of the Energy industry. The price to earnings to growth for all Canada stocks is 107.36% higher than that of the company.

Baytex Price To Earnings To Growth Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Baytex Energy's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Baytex Energy could also be used in its relative valuation, which is a method of valuing Baytex Energy by comparing valuation metrics of similar companies.
Baytex Energy is currently under evaluation in price to earnings to growth category among its peers.

Baytex Energy Current Valuation Drivers

We derive many important indicators used in calculating different scores of Baytex Energy from analyzing Baytex Energy's financial statements. These drivers represent accounts that assess Baytex Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Baytex Energy's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.0B383.3M2.2B3.4B3.1B1.7B
Enterprise Value2.9B2.2B3.6B4.3B5.5B5.8B

Baytex Fundamentals

About Baytex Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Baytex Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Baytex Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Baytex Energy Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
When determining whether Baytex Energy Corp is a strong investment it is important to analyze Baytex Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Baytex Energy's future performance. For an informed investment choice regarding Baytex Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baytex Energy Corp. 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.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Please note, there is a significant difference between Baytex Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baytex Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baytex Energy'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.