Decade Resources Stock Price To Book
| DEC Stock | CAD 0.04 0.01 33.33% |
Decade Resources fundamentals help investors to digest information that contributes to Decade Resources' financial success or failures. It also enables traders to predict the movement of Decade Stock. The fundamental analysis module provides a way to measure Decade Resources' 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 Decade Resources stock.
Price To Book Ratio is likely to drop to 0.33 in 2024. Decade | Price To Book |
Decade Resources Company Price To Book Analysis
Decade Resources' 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 Decade Resources Price To Book | 0.25 X |
Most of Decade Resources' 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, Decade Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Decade Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Decade Resources is extremely important. It helps to project a fair market value of Decade Stock properly, considering its historical fundamentals such as Price To Book. Since Decade Resources' 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 Decade Resources' 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 Decade Resources' 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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Decade Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Decade Resources has a Price To Book of 0.2484 times. This is 97.96% 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 97.39% higher than that of the company.
Decade Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Decade Resources' 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 Decade Resources could also be used in its relative valuation, which is a method of valuing Decade Resources by comparing valuation metrics of similar companies.Decade Resources is currently under evaluation in price to book category among its peers.
Decade Fundamentals
| Return On Equity | -0.14 | ||||
| Return On Asset | -0.0504 | ||||
| Current Valuation | 4.34 M | ||||
| Shares Outstanding | 128.13 M | ||||
| Shares Owned By Insiders | 30.07 % | ||||
| Number Of Shares Shorted | 523 | ||||
| Price To Earning | 0.66 X | ||||
| Price To Book | 0.25 X | ||||
| Gross Profit | (1.7 K) | ||||
| EBITDA | (928.71 K) | ||||
| Net Income | (2.01 M) | ||||
| Cash And Equivalents | 2.14 K | ||||
| Total Debt | 1.7 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 0.09 X | ||||
| Book Value Per Share | 0.17 X | ||||
| Cash Flow From Operations | (904.06 K) | ||||
| Earnings Per Share | (0.02) X | ||||
| Beta | 1.23 | ||||
| Market Capitalization | 4.48 M | ||||
| Total Asset | 17.29 M | ||||
| Retained Earnings | (20.59 M) | ||||
| Working Capital | 317.19 K | ||||
| Net Asset | 17.29 M |
About Decade Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Decade Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Decade Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Decade Resources 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 Decade Stock Analysis
When running Decade Resources' price analysis, check to measure Decade Resources' 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 Decade Resources is operating at the current time. Most of Decade Resources' value examination focuses on studying past and present price action to predict the probability of Decade Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Decade Resources' price. Additionally, you may evaluate how the addition of Decade Resources to your portfolios can decrease your overall portfolio volatility.