Pure Energy Minerals Stock Price To Sales

PE Stock  CAD 0.30  0.01  3.23%   
Pure Energy Minerals fundamentals help investors to digest information that contributes to Pure Energy's financial success or failures. It also enables traders to predict the movement of Pure Stock. The fundamental analysis module provides a way to measure Pure Energy'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 Pure Energy stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 20.39  19.37 
Price To Sales Ratio is likely to drop to 19.37 in 2024.
  
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Pure Energy Minerals Company Price To Sales Analysis

Pure Energy's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Pure Energy Price To Sales

    
  18.42 X  
Most of Pure Energy's fundamental indicators, such as Price To Sales, 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, Pure Energy Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Pure Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Pure Energy is extremely important. It helps to project a fair market value of Pure Stock properly, considering its historical fundamentals such as Price To Sales. Since Pure Energy'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 Pure Energy'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 Pure Energy's interrelated accounts and indicators.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition

Pure Price To Sales Ratio

Price To Sales Ratio

19.37

At this time, Pure Energy's Price To Sales Ratio is fairly stable compared to the past year.
Based on the latest financial disclosure, Pure Energy Minerals has a Price To Sales of 18.4168 times. This is 30.56% lower than that of the Metals & Mining sector and 92.79% lower than that of the Materials industry. The price to sales for all Canada stocks is 61.27% lower than that of the firm.

Pure Energy Current Valuation Drivers

We derive many important indicators used in calculating different scores of Pure Energy from analyzing Pure Energy's financial statements. These drivers represent accounts that assess Pure Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Pure Energy's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap17.2M42.9M23.7M50.9M11.1M10.2M
Enterprise Value16.9M42.7M23.3M50.3M10.2M10.0M

Pure Fundamentals

About Pure Energy Fundamental Analysis

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

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