Canalaska Uranium Stock Book Value Per Share

CVV Stock  CAD 0.79  0.01  1.25%   
CanAlaska Uranium fundamentals help investors to digest information that contributes to CanAlaska Uranium's financial success or failures. It also enables traders to predict the movement of CanAlaska Stock. The fundamental analysis module provides a way to measure CanAlaska Uranium'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 CanAlaska Uranium stock.
Last ReportedProjected for Next Year
Book Value Per Share 0.10  0.10 
Tangible Book Value Per Share 0.10  0.10 
Book Value Per Share is likely to drop to 0.1 in 2024. Tangible Book Value Per Share is likely to drop to 0.1 in 2024.
  
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CanAlaska Uranium Company Book Value Per Share Analysis

CanAlaska Uranium's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current CanAlaska Uranium Book Value Per Share

    
  0.07 X  
Most of CanAlaska Uranium's fundamental indicators, such as Book Value Per Share, 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, CanAlaska Uranium is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

CanAlaska Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for CanAlaska Uranium is extremely important. It helps to project a fair market value of CanAlaska Stock properly, considering its historical fundamentals such as Book Value Per Share. Since CanAlaska Uranium'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 CanAlaska Uranium'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 CanAlaska Uranium's interrelated accounts and indicators.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

CanAlaska Common Stock Shares Outstanding

Common Stock Shares Outstanding

143.4 Million

At this time, CanAlaska Uranium's Common Stock Shares Outstanding is fairly stable compared to the past year.
In accordance with the recently published financial statements, the book value per share of CanAlaska Uranium is about 0.067 times. This is 99.99% lower than that of the Metals & Mining sector and 98.81% lower than that of the Materials industry. The book value per share for all Canada stocks is 100.0% higher than that of the company.

CanAlaska Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CanAlaska Uranium's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CanAlaska Uranium could also be used in its relative valuation, which is a method of valuing CanAlaska Uranium by comparing valuation metrics of similar companies.
CanAlaska Uranium is currently under evaluation in book value per share category among its peers.

CanAlaska Uranium Current Valuation Drivers

We derive many important indicators used in calculating different scores of CanAlaska Uranium from analyzing CanAlaska Uranium's financial statements. These drivers represent accounts that assess CanAlaska Uranium's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of CanAlaska Uranium's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap7.6M41.0M38.8M34.6M31.2M32.7M
Enterprise Value6.0M34.0M25.1M24.0M21.6M22.6M

CanAlaska Fundamentals

About CanAlaska Uranium Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CanAlaska Uranium's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CanAlaska Uranium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CanAlaska Uranium 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 CanAlaska Stock Analysis

When running CanAlaska Uranium's price analysis, check to measure CanAlaska Uranium'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 CanAlaska Uranium is operating at the current time. Most of CanAlaska Uranium's value examination focuses on studying past and present price action to predict the probability of CanAlaska Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CanAlaska Uranium's price. Additionally, you may evaluate how the addition of CanAlaska Uranium to your portfolios can decrease your overall portfolio volatility.