Prairie Provident Resources Stock Return On Equity

PPR Stock  CAD 0.04  0.01  16.67%   
Prairie Provident Resources fundamentals help investors to digest information that contributes to Prairie Provident's financial success or failures. It also enables traders to predict the movement of Prairie Stock. The fundamental analysis module provides a way to measure Prairie Provident'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 Prairie Provident stock.
Last ReportedProjected for Next Year
Return On Equity 0.47  0.49 
As of the 3rd of December 2024, Return On Equity is likely to grow to 0.49.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Prairie Provident Resources Company Return On Equity Analysis

Prairie Provident's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Current Prairie Provident Return On Equity

    
  0.49  
Most of Prairie Provident's fundamental indicators, such as Return On Equity, 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, Prairie Provident Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Prairie Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Prairie Provident is extremely important. It helps to project a fair market value of Prairie Stock properly, considering its historical fundamentals such as Return On Equity. Since Prairie Provident'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 Prairie Provident'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 Prairie Provident's interrelated accounts and indicators.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Prairie Total Stockholder Equity

Total Stockholder Equity

(40.75 Million)

Prairie Provident reported last year Total Stockholder Equity of (42.89 Million)

Prairie Return On Equity Peer Comparison

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

Prairie Fundamentals

About Prairie Provident Fundamental Analysis

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

Other Information on Investing in Prairie Stock

Prairie Provident financial ratios help investors to determine whether Prairie 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 Prairie with respect to the benefits of owning Prairie Provident security.