Eastfield Resources Stock Price To Book
| ETF Stock | CAD 0.03 0.01 16.67% |
Eastfield Resources fundamentals help investors to digest information that contributes to Eastfield Resources' financial success or failures. It also enables traders to predict the movement of Eastfield Stock. The fundamental analysis module provides a way to measure Eastfield 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 Eastfield Resources stock.
Eastfield |
Eastfield Resources Company Price To Book Analysis
Eastfield 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 Eastfield Resources Price To Book | 0.90 X |
Most of Eastfield 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, Eastfield Resources 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, Eastfield Resources has a Price To Book of 0.896 times. This is 92.64% lower than that of the Metals & Mining sector and 104.87% lower than that of the Materials industry. The price to book for all Canada stocks is 90.58% higher than that of the company.
Eastfield Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eastfield 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 Eastfield Resources could also be used in its relative valuation, which is a method of valuing Eastfield Resources by comparing valuation metrics of similar companies.Eastfield Resources is currently under evaluation in price to book category among its peers.
Eastfield Fundamentals
| Return On Equity | -0.15 | |||
| Return On Asset | -0.0626 | |||
| Current Valuation | 1.28 M | |||
| Shares Outstanding | 61.56 M | |||
| Shares Owned By Insiders | 12.00 % | |||
| Number Of Shares Shorted | 1.55 K | |||
| Price To Book | 0.90 X | |||
| EBITDA | (271.84 K) | |||
| Net Income | (321.31 K) | |||
| Cash And Equivalents | 385.51 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 165.37 K | |||
| Current Ratio | 6.81 X | |||
| Book Value Per Share | 0.03 X | |||
| Cash Flow From Operations | (217.71 K) | |||
| Short Ratio | 0.04 X | |||
| Earnings Per Share | (0.01) X | |||
| Beta | 1.73 | |||
| Market Capitalization | 1.54 M | |||
| Total Asset | 2.01 M | |||
| Retained Earnings | (3.35 M) | |||
| Working Capital | 153.35 K | |||
| Net Asset | 2.01 M |
About Eastfield Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eastfield Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eastfield Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eastfield 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 Eastfield Stock Analysis
When running Eastfield Resources' price analysis, check to measure Eastfield 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 Eastfield Resources is operating at the current time. Most of Eastfield Resources' value examination focuses on studying past and present price action to predict the probability of Eastfield Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastfield Resources' price. Additionally, you may evaluate how the addition of Eastfield Resources to your portfolios can decrease your overall portfolio volatility.