Ocumetics Technology Corp Stock Price To Earnings To Growth
OTC Stock | 0.32 0.01 3.23% |
Ocumetics Technology Corp fundamentals help investors to digest information that contributes to Ocumetics Technology's financial success or failures. It also enables traders to predict the movement of Ocumetics Stock. The fundamental analysis module provides a way to measure Ocumetics Technology'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 Ocumetics Technology stock.
Ocumetics | Price To Earnings To Growth |
Ocumetics Technology Corp Company Price To Earnings To Growth Analysis
Ocumetics Technology's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Ocumetics Price To Earnings To Growth Driver Correlations
Understanding the fundamental principles of building solid financial models for Ocumetics Technology is extremely important. It helps to project a fair market value of Ocumetics Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since Ocumetics Technology'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 Ocumetics Technology'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 Ocumetics Technology's interrelated accounts and indicators.
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Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
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Ocumetics Price Earnings To Growth Ratio
Price Earnings To Growth Ratio |
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Based on the latest financial disclosure, Ocumetics Technology Corp has a Price To Earnings To Growth of 0.0 times. This is 100.0% lower than that of the Health Care Equipment & Supplies sector and 100.0% lower than that of the Health Care industry. The price to earnings to growth for all Canada stocks is 100.0% higher than that of the company.
Ocumetics Technology Current Valuation Drivers
We derive many important indicators used in calculating different scores of Ocumetics Technology from analyzing Ocumetics Technology's financial statements. These drivers represent accounts that assess Ocumetics Technology's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ocumetics Technology's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Enterprise Value | 358.7K | 1.5M | 1.5M | 43.6M | 39.3M | 41.3M |
Ocumetics Fundamentals
Return On Equity | -11.23 | ||||
Return On Asset | -0.79 | ||||
Current Valuation | 39.74 M | ||||
Shares Outstanding | 119.77 M | ||||
Shares Owned By Insiders | 45.68 % | ||||
Number Of Shares Shorted | 10.96 K | ||||
Price To Book | 400.96 X | ||||
EBITDA | (2.59 M) | ||||
Net Income | (3.64 M) | ||||
Total Debt | 945.33 K | ||||
Book Value Per Share | (0.01) X | ||||
Cash Flow From Operations | (2.05 M) | ||||
Short Ratio | 0.23 X | ||||
Earnings Per Share | (0.02) X | ||||
Beta | -1.12 | ||||
Market Capitalization | 38.33 M | ||||
Total Asset | 1.04 M | ||||
Retained Earnings | (9.18 M) | ||||
Working Capital | (312.69 K) | ||||
Net Asset | 1.04 M |
About Ocumetics Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ocumetics Technology Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ocumetics Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ocumetics Technology 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.
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Additional Tools for Ocumetics Stock Analysis
When running Ocumetics Technology's price analysis, check to measure Ocumetics Technology'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 Ocumetics Technology is operating at the current time. Most of Ocumetics Technology's value examination focuses on studying past and present price action to predict the probability of Ocumetics Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocumetics Technology's price. Additionally, you may evaluate how the addition of Ocumetics Technology to your portfolios can decrease your overall portfolio volatility.