Datable Technology Corp Stock Price To Book

DAC Stock  CAD 0.04  0.00  0.00%   
Datable Technology Corp fundamentals help investors to digest information that contributes to Datable Technology's financial success or failures. It also enables traders to predict the movement of Datable Stock. The fundamental analysis module provides a way to measure Datable Technology'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 Datable Technology stock.
Price To Book Ratio is likely to climb to -0.5 in 2024.
  
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Datable Technology Corp Company Price To Book Analysis

Datable Technology'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.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Datable Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Datable Technology is extremely important. It helps to project a fair market value of Datable Stock properly, considering its historical fundamentals such as Price To Book. Since Datable Technology'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 Datable Technology'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 Datable Technology's interrelated accounts and indicators.
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.
Competition

Datable Book Value Per Share

Book Value Per Share

(0.036)

At this time, Datable Technology's Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, Datable Technology Corp has a Price To Book of 0.0 times. This is 100.0% lower than that of the Software sector and 100.0% lower than that of the Information Technology industry. The price to book for all Canada stocks is 100.0% higher than that of the company.

Datable Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Datable Technology'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 Datable Technology could also be used in its relative valuation, which is a method of valuing Datable Technology by comparing valuation metrics of similar companies.
Datable Technology is currently under evaluation in price to book category among its peers.

Datable Technology Current Valuation Drivers

We derive many important indicators used in calculating different scores of Datable Technology from analyzing Datable Technology's financial statements. These drivers represent accounts that assess Datable Technology's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Datable Technology's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap2.3M1.3M75.7M2.5M2.9M2.8M
Enterprise Value2.1M966.4K77.5M5.3M6.1M5.8M

Datable Fundamentals

About Datable Technology Fundamental Analysis

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Datable Stock Analysis

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