Chesapeake Gold Corp Stock Price To Book
| CKG Stock | CAD 0.96 0.05 4.95% |
Chesapeake Gold Corp fundamentals help investors to digest information that contributes to Chesapeake Gold's financial success or failures. It also enables traders to predict the movement of Chesapeake Stock. The fundamental analysis module provides a way to measure Chesapeake Gold'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 Chesapeake Gold stock.
Price To Book Ratio is likely to drop to 0.76 in 2024. Chesapeake | Price To Book |
Chesapeake Gold Corp Company Price To Book Analysis
Chesapeake Gold'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 Chesapeake Gold Price To Book | 0.46 X |
Most of Chesapeake Gold'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, Chesapeake Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Chesapeake Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Chesapeake Gold is extremely important. It helps to project a fair market value of Chesapeake Stock properly, considering its historical fundamentals such as Price To Book. Since Chesapeake Gold'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 Chesapeake Gold'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 Chesapeake Gold's interrelated accounts and indicators.
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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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Chesapeake Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Chesapeake Gold Corp has a Price To Book of 0.462 times. This is 96.21% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The price to book for all Canada stocks is 95.14% higher than that of the company.
Chesapeake Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chesapeake Gold's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Chesapeake Gold could also be used in its relative valuation, which is a method of valuing Chesapeake Gold by comparing valuation metrics of similar companies.Chesapeake Gold is currently under evaluation in price to book category among its peers.
Chesapeake Fundamentals
| Return On Equity | -0.0359 | ||||
| Return On Asset | -0.0174 | ||||
| Current Valuation | 54.42 M | ||||
| Shares Outstanding | 68.39 M | ||||
| Shares Owned By Insiders | 32.92 % | ||||
| Shares Owned By Institutions | 12.98 % | ||||
| Number Of Shares Shorted | 500.73 K | ||||
| Price To Earning | (40.00) X | ||||
| Price To Book | 0.46 X | ||||
| EBITDA | (4.42 M) | ||||
| Net Income | (6 M) | ||||
| Cash And Equivalents | 36.69 M | ||||
| Cash Per Share | 0.55 X | ||||
| Total Debt | 12.88 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 20.50 X | ||||
| Book Value Per Share | 2.19 X | ||||
| Cash Flow From Operations | (3.06 M) | ||||
| Short Ratio | 8.93 X | ||||
| Earnings Per Share | (0.08) X | ||||
| Target Price | 7.72 | ||||
| Beta | 0.95 | ||||
| Market Capitalization | 69.08 M | ||||
| Total Asset | 164.31 M | ||||
| Retained Earnings | (117.66 M) | ||||
| Working Capital | 19.79 M | ||||
| Current Asset | 26.6 M | ||||
| Current Liabilities | 2.46 M | ||||
| Net Asset | 164.31 M |
About Chesapeake Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Chesapeake Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chesapeake Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chesapeake Gold 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.
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Additional Tools for Chesapeake Stock Analysis
When running Chesapeake Gold's price analysis, check to measure Chesapeake Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chesapeake Gold is operating at the current time. Most of Chesapeake Gold's value examination focuses on studying past and present price action to predict the probability of Chesapeake Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chesapeake Gold's price. Additionally, you may evaluate how the addition of Chesapeake Gold to your portfolios can decrease your overall portfolio volatility.