Strikepoint Gold Stock Price To Book
| SKP Stock | CAD 0.16 0.07 30.43% |
Strikepoint Gold fundamentals help investors to digest information that contributes to Strikepoint Gold's financial success or failures. It also enables traders to predict the movement of Strikepoint Stock. The fundamental analysis module provides a way to measure Strikepoint 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 Strikepoint Gold stock.
Price To Book Ratio is likely to drop to 51.82 in 2024. Strikepoint | Price To Book |
Strikepoint Gold Company Price To Book Analysis
Strikepoint Gold'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.
Current Strikepoint Gold Price To Book | 6.43 X |
Most of Strikepoint Gold'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, Strikepoint Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Strikepoint Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Strikepoint Gold is extremely important. It helps to project a fair market value of Strikepoint Stock properly, considering its historical fundamentals such as Price To Book. Since Strikepoint 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 Strikepoint 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 Strikepoint Gold's interrelated accounts and indicators.
Click cells to compare fundamentals
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 |
Strikepoint Book Value Per Share
Book Value Per Share |
|
Based on the latest financial disclosure, Strikepoint Gold has a Price To Book of 6.4276 times. This is 47.23% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The price to book for all Canada stocks is 32.41% higher than that of the company.
Strikepoint Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Strikepoint Gold'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 Strikepoint Gold could also be used in its relative valuation, which is a method of valuing Strikepoint Gold by comparing valuation metrics of similar companies.Strikepoint Gold is currently under evaluation in price to book category among its peers.
Strikepoint Fundamentals
| Return On Equity | -1.9 | ||||
| Return On Asset | -0.95 | ||||
| Current Valuation | 6.73 M | ||||
| Shares Outstanding | 34.65 M | ||||
| Shares Owned By Insiders | 10.17 % | ||||
| Shares Owned By Institutions | 7.29 % | ||||
| Number Of Shares Shorted | 15.05 K | ||||
| Price To Earning | (1.15) X | ||||
| Price To Book | 6.43 X | ||||
| Gross Profit | (790 K) | ||||
| EBITDA | (3.46 M) | ||||
| Net Income | (3.49 M) | ||||
| Cash And Equivalents | 10.34 M | ||||
| Cash Per Share | 0.05 X | ||||
| Total Debt | 272.58 K | ||||
| Current Ratio | 6.44 X | ||||
| Book Value Per Share | 0.05 X | ||||
| Cash Flow From Operations | (2.84 M) | ||||
| Short Ratio | 0.24 X | ||||
| Earnings Per Share | (0.20) X | ||||
| Beta | 1.92 | ||||
| Market Capitalization | 7.97 M | ||||
| Total Asset | 2.03 M | ||||
| Retained Earnings | (58.39 M) | ||||
| Working Capital | 1.69 M | ||||
| Net Asset | 2.03 M |
About Strikepoint Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Strikepoint Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Strikepoint Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Strikepoint Gold 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
Additional Tools for Strikepoint Stock Analysis
When running Strikepoint Gold's price analysis, check to measure Strikepoint 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 Strikepoint Gold is operating at the current time. Most of Strikepoint Gold's value examination focuses on studying past and present price action to predict the probability of Strikepoint 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 Strikepoint Gold's price. Additionally, you may evaluate how the addition of Strikepoint Gold to your portfolios can decrease your overall portfolio volatility.