Kootenay Silver Stock Price To Book

KTN Stock  CAD 1.07  0.01  0.93%   
Kootenay Silver fundamentals help investors to digest information that contributes to Kootenay Silver's financial success or failures. It also enables traders to predict the movement of Kootenay Stock. The fundamental analysis module provides a way to measure Kootenay Silver's 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 Kootenay Silver stock.
Price To Book Ratio is likely to climb to 2.37 in 2024.
  
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Kootenay Silver Company Price To Book Analysis

Kootenay Silver's 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.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Kootenay Silver Price To Book

    
  1.90 X  
Most of Kootenay Silver's 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, Kootenay Silver is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Kootenay Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Kootenay Silver is extremely important. It helps to project a fair market value of Kootenay Stock properly, considering its historical fundamentals such as Price To Book. Since Kootenay Silver's 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 Kootenay Silver's 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 Kootenay Silver's interrelated accounts and indicators.
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

Kootenay Book Value Per Share

Book Value Per Share

0.66

At this time, Kootenay Silver's Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, Kootenay Silver has a Price To Book of 1.902 times. This is 84.38% lower than that of the Metals & Mining sector and 7.46% higher than that of the Materials industry. The price to book for all Canada stocks is 80.0% higher than that of the company.

Kootenay Price To Book Peer Comparison

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

Kootenay Silver Current Valuation Drivers

We derive many important indicators used in calculating different scores of Kootenay Silver from analyzing Kootenay Silver's financial statements. These drivers represent accounts that assess Kootenay Silver's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Kootenay Silver's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap85.1M122.3M73.6M57.7M66.4M63.0M
Enterprise Value76.4M111.9M71.6M54.8M63.0M59.8M

Kootenay Fundamentals

About Kootenay Silver Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for Kootenay Stock Analysis

When running Kootenay Silver's price analysis, check to measure Kootenay Silver's 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 Kootenay Silver is operating at the current time. Most of Kootenay Silver's value examination focuses on studying past and present price action to predict the probability of Kootenay Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kootenay Silver's price. Additionally, you may evaluate how the addition of Kootenay Silver to your portfolios can decrease your overall portfolio volatility.