Frontier Lithium Stock Price To Book
LITOF Stock | USD 0.36 0.05 12.20% |
Frontier Lithium fundamentals help investors to digest information that contributes to Frontier Lithium's financial success or failures. It also enables traders to predict the movement of Frontier OTC Stock. The fundamental analysis module provides a way to measure Frontier Lithium'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 Frontier Lithium otc stock.
Frontier |
Frontier Lithium OTC Stock Price To Book Analysis
Frontier Lithium'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.
Current Frontier Lithium Price To Book | 25.95 X |
Most of Frontier Lithium'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, Frontier Lithium 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, Frontier Lithium has a Price To Book of 25.9481 times. This is 113.04% higher 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 172.85% lower than that of the firm.
Frontier Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Frontier Lithium's 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 Frontier Lithium could also be used in its relative valuation, which is a method of valuing Frontier Lithium by comparing valuation metrics of similar companies.Frontier Lithium is currently under evaluation in price to book category among its peers.
Frontier Fundamentals
Return On Equity | -0.71 | |||
Return On Asset | -0.42 | |||
Current Valuation | 322.54 M | |||
Shares Outstanding | 224.14 M | |||
Shares Owned By Insiders | 14.76 % | |||
Shares Owned By Institutions | 1.57 % | |||
Price To Book | 25.95 X | |||
EBITDA | (11.23 M) | |||
Net Income | (10.95 M) | |||
Cash And Equivalents | 16.75 M | |||
Cash Per Share | 0.08 X | |||
Total Debt | 278 K | |||
Debt To Equity | 0.01 % | |||
Current Ratio | 11.01 X | |||
Book Value Per Share | 0.08 X | |||
Cash Flow From Operations | (7.34 M) | |||
Earnings Per Share | (0.04) X | |||
Beta | 1.37 | |||
Market Capitalization | 477.41 M | |||
Total Asset | 24.63 M | |||
Net Asset | 24.63 M |
About Frontier Lithium Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Frontier Lithium's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Frontier Lithium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Frontier Lithium 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 Frontier OTC Stock
Frontier Lithium financial ratios help investors to determine whether Frontier 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 Frontier with respect to the benefits of owning Frontier Lithium security.