Greenlane Renewables Stock Book Value Per Share

GRN Stock  CAD 0.10  0.01  5.26%   
Greenlane Renewables fundamentals help investors to digest information that contributes to Greenlane Renewables' financial success or failures. It also enables traders to predict the movement of Greenlane Stock. The fundamental analysis module provides a way to measure Greenlane Renewables' 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 Greenlane Renewables stock.
Last ReportedProjected for Next Year
Book Value Per Share 0.17  0.20 
Tangible Book Value Per Share 0.10  0.10 
As of the 26th of November 2024, Book Value Per Share is likely to grow to 0.20. Also, Tangible Book Value Per Share is likely to grow to 0.10.
  
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Greenlane Renewables Company Book Value Per Share Analysis

Greenlane Renewables' 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 Greenlane Renewables Book Value Per Share

    
  0.14 X  
Most of Greenlane Renewables' 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, Greenlane Renewables is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Greenlane Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Greenlane Renewables is extremely important. It helps to project a fair market value of Greenlane Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Greenlane Renewables' 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 Greenlane Renewables' 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 Greenlane Renewables' 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

Greenlane Common Stock Shares Outstanding

Common Stock Shares Outstanding

105.88 Million

At this time, Greenlane Renewables' Common Stock Shares Outstanding is very stable compared to the past year.
In accordance with the recently published financial statements, the book value per share of Greenlane Renewables is about 0.144 times. This is 100.0% lower than that of the Machinery sector and 94.71% lower than that of the Industrials industry. The book value per share for all Canada stocks is 99.99% higher than that of the company.

Greenlane Book Value Per Share Peer Comparison

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

Greenlane Fundamentals

About Greenlane Renewables Fundamental Analysis

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

Other Information on Investing in Greenlane Stock

Greenlane Renewables financial ratios help investors to determine whether Greenlane 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 Greenlane with respect to the benefits of owning Greenlane Renewables security.