Majestic Gold Corp Stock Price To Earning

MJS Stock  CAD 0.08  0.00  0.00%   
Majestic Gold Corp fundamentals help investors to digest information that contributes to Majestic Gold's financial success or failures. It also enables traders to predict the movement of Majestic Stock. The fundamental analysis module provides a way to measure Majestic Gold'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 Majestic Gold stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Majestic Gold Corp Company Price To Earning Analysis

Majestic Gold's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Majestic Gold Price To Earning

    
  12.00 X  
Most of Majestic Gold's fundamental indicators, such as Price To Earning, 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, Majestic Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Majestic Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Majestic Gold is extremely important. It helps to project a fair market value of Majestic Stock properly, considering its historical fundamentals such as Price To Earning. Since Majestic Gold'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 Majestic Gold'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 Majestic Gold's interrelated accounts and indicators.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition

Majestic Retained Earnings

Retained Earnings

(28.56 Million)

Majestic Gold reported Retained Earnings of (27.2 Million) in 2023
Based on the latest financial disclosure, Majestic Gold Corp has a Price To Earning of 12.0 times. This is 88.55% lower than that of the Metals & Mining sector and 42.91% lower than that of the Materials industry. The price to earning for all Canada stocks is 58.22% higher than that of the company.

Majestic Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Majestic Gold's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Majestic Gold could also be used in its relative valuation, which is a method of valuing Majestic Gold by comparing valuation metrics of similar companies.
Majestic Gold is currently under evaluation in price to earning category among its peers.

Majestic Fundamentals

About Majestic Gold Fundamental Analysis

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

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Majestic Stock Analysis

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