E3 Metals Corp Stock Price To Book
EEMMF Stock | USD 0.79 0.03 3.66% |
E3 Metals Corp fundamentals help investors to digest information that contributes to E3 Metals' financial success or failures. It also enables traders to predict the movement of EEMMF OTC Stock. The fundamental analysis module provides a way to measure E3 Metals' 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 E3 Metals otc stock.
EEMMF |
E3 Metals Corp OTC Stock Price To Book Analysis
E3 Metals' 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 E3 Metals Price To Book | 4.32 X |
Most of E3 Metals' 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, E3 Metals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 |
Based on the latest financial disclosure, E3 Metals Corp has a Price To Book of 4.32 times. This is 64.53% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The price to book for all United States stocks is 54.57% higher than that of the company.
EEMMF Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses E3 Metals' direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of E3 Metals could also be used in its relative valuation, which is a method of valuing E3 Metals by comparing valuation metrics of similar companies.E3 Metals is currently under evaluation in price to book category among its peers.
EEMMF Fundamentals
Return On Equity | -0.24 | |||
Return On Asset | -0.13 | |||
Current Valuation | 85.75 M | |||
Shares Outstanding | 61.04 M | |||
Shares Owned By Insiders | 2.44 % | |||
Shares Owned By Institutions | 0.85 % | |||
Price To Book | 4.32 X | |||
EBITDA | (4.63 M) | |||
Net Income | (4.78 M) | |||
Cash And Equivalents | 14.72 M | |||
Cash Per Share | 0.25 X | |||
Total Debt | 443 K | |||
Debt To Equity | 0.02 % | |||
Current Ratio | 5.47 X | |||
Book Value Per Share | 0.52 X | |||
Cash Flow From Operations | (2.85 M) | |||
Earnings Per Share | (0.07) X | |||
Number Of Employees | 14 | |||
Beta | 1.1 | |||
Market Capitalization | 101.94 M | |||
Total Asset | 25.99 M | |||
Net Asset | 25.99 M |
About E3 Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze E3 Metals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of E3 Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of E3 Metals Corp based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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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Other Information on Investing in EEMMF OTC Stock
E3 Metals financial ratios help investors to determine whether EEMMF OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in EEMMF with respect to the benefits of owning E3 Metals security.