Giga Metals Stock Price To Book
HNCKFDelisted Stock | USD 0.19 0.01 5.56% |
Giga Metals fundamentals help investors to digest information that contributes to Giga Metals' financial success or failures. It also enables traders to predict the movement of Giga OTC Stock. The fundamental analysis module provides a way to measure Giga 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 Giga Metals otc stock.
Giga |
Giga Metals OTC Stock Price To Book Analysis
Giga 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 Giga Metals Price To Book | 1.41 X |
Most of Giga 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, Giga Metals 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.
CompetitionBased on the latest financial disclosure, Giga Metals has a Price To Book of 1.4056 times. This is 88.46% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The price to book for all United States stocks is 85.22% higher than that of the company.
Giga Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Giga 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 Giga Metals could also be used in its relative valuation, which is a method of valuing Giga Metals by comparing valuation metrics of similar companies.Giga Metals is currently under evaluation in price to book category among its peers.
Giga Fundamentals
Return On Equity | -0.15 | |||
Return On Asset | -0.0914 | |||
Current Valuation | 16.97 M | |||
Shares Outstanding | 97.9 M | |||
Shares Owned By Insiders | 11.37 % | |||
Shares Owned By Institutions | 2.00 % | |||
Price To Earning | 6.68 X | |||
Price To Book | 1.41 X | |||
EBITDA | (2.62 M) | |||
Net Income | (2.74 M) | |||
Cash And Equivalents | 2.88 M | |||
Cash Per Share | 0.03 X | |||
Total Debt | 40 K | |||
Debt To Equity | 0.01 % | |||
Current Ratio | 2.40 X | |||
Book Value Per Share | 0.23 X | |||
Cash Flow From Operations | (1.83 M) | |||
Earnings Per Share | (0.03) X | |||
Number Of Employees | 14 | |||
Beta | 1.36 | |||
Market Capitalization | 21.98 M | |||
Total Asset | 14.99 M | |||
Net Asset | 14.99 M |
About Giga Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Giga Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Giga Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Giga Metals 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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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Consideration for investing in Giga OTC Stock
If you are still planning to invest in Giga Metals check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Giga Metals' history and understand the potential risks before investing.
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