Magna Terra Minerals Stock Price To Book

MTT Stock  CAD 0.02  0.01  33.33%   
Magna Terra Minerals fundamentals help investors to digest information that contributes to Magna Terra's financial success or failures. It also enables traders to predict the movement of Magna Stock. The fundamental analysis module provides a way to measure Magna Terra'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 Magna Terra stock.
Price To Book Ratio is likely to climb to -2.46 in 2024.
  
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Magna Terra Minerals Company Price To Book Analysis

Magna Terra'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 Magna Terra Price To Book

    
  90.59 X  
Most of Magna Terra'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, Magna Terra Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Magna Price To Book Driver Correlations

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

Magna Book Value Per Share

Book Value Per Share

(0.0114)

At this time, Magna Terra's Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, Magna Terra Minerals has a Price To Book of 90 times. This is much higher than that of the Metals & Mining sector and notably higher than that of the Materials industry. The price to book for all Canada stocks is notably lower than that of the firm.

Magna Price To Book Peer Comparison

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

Magna Terra Current Valuation Drivers

We derive many important indicators used in calculating different scores of Magna Terra from analyzing Magna Terra's financial statements. These drivers represent accounts that assess Magna Terra's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Magna Terra's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap14.3M6.7M3.2M2.0M1.8M3.1M
Enterprise Value10.7M7.0M3.1M2.0M1.8M2.8M

Magna Fundamentals

About Magna Terra Fundamental Analysis

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

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