Thunderbird Entertainment Group Stock Price To Book
TBRD Stock | CAD 1.74 0.01 0.57% |
Thunderbird Entertainment Group fundamentals help investors to digest information that contributes to Thunderbird Entertainment's financial success or failures. It also enables traders to predict the movement of Thunderbird Stock. The fundamental analysis module provides a way to measure Thunderbird Entertainment'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 Thunderbird Entertainment stock.
Price To Book Ratio is likely to climb to 3.90 in 2024. Thunderbird | Price To Book |
Thunderbird Entertainment Group Company Price To Book Analysis
Thunderbird Entertainment'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 Thunderbird Entertainment Price To Book | 1.23 X |
Most of Thunderbird Entertainment'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, Thunderbird Entertainment Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Thunderbird Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Thunderbird Entertainment is extremely important. It helps to project a fair market value of Thunderbird Stock properly, considering its historical fundamentals such as Price To Book. Since Thunderbird Entertainment'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 Thunderbird Entertainment'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 Thunderbird Entertainment's interrelated accounts and indicators.
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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.
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Thunderbird Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Thunderbird Entertainment Group has a Price To Book of 1.2306 times. This is 80.95% lower than that of the Entertainment sector and 70.13% lower than that of the Communication Services industry. The price to book for all Canada stocks is 87.06% higher than that of the company.
Thunderbird Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thunderbird Entertainment'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 Thunderbird Entertainment could also be used in its relative valuation, which is a method of valuing Thunderbird Entertainment by comparing valuation metrics of similar companies.Thunderbird Entertainment is currently under evaluation in price to book category among its peers.
Thunderbird Fundamentals
Return On Equity | 0.0348 | ||||
Return On Asset | 0.017 | ||||
Profit Margin | 0.01 % | ||||
Operating Margin | 0.07 % | ||||
Current Valuation | 92.16 M | ||||
Shares Outstanding | 49.82 M | ||||
Shares Owned By Insiders | 18.91 % | ||||
Shares Owned By Institutions | 19.99 % | ||||
Number Of Shares Shorted | 18.86 K | ||||
Price To Book | 1.23 X | ||||
Price To Sales | 0.53 X | ||||
Revenue | 165.32 M | ||||
Gross Profit | 36.94 M | ||||
EBITDA | 27.38 M | ||||
Net Income | 2.38 M | ||||
Cash And Equivalents | 20.2 M | ||||
Cash Per Share | 0.43 X | ||||
Total Debt | 19.82 M | ||||
Debt To Equity | 96.20 % | ||||
Current Ratio | 1.09 X | ||||
Book Value Per Share | 1.39 X | ||||
Cash Flow From Operations | 37.67 M | ||||
Short Ratio | 0.31 X | ||||
Earnings Per Share | 0.10 X | ||||
Target Price | 3.3 | ||||
Beta | 1.77 | ||||
Market Capitalization | 87.18 M | ||||
Total Asset | 172.6 M | ||||
Retained Earnings | (7.7 M) | ||||
Working Capital | 19.56 M | ||||
Net Asset | 172.6 M |
About Thunderbird Entertainment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thunderbird Entertainment Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thunderbird Entertainment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thunderbird Entertainment Group 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 Thunderbird Stock Analysis
When running Thunderbird Entertainment's price analysis, check to measure Thunderbird Entertainment'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 Thunderbird Entertainment is operating at the current time. Most of Thunderbird Entertainment's value examination focuses on studying past and present price action to predict the probability of Thunderbird Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thunderbird Entertainment's price. Additionally, you may evaluate how the addition of Thunderbird Entertainment to your portfolios can decrease your overall portfolio volatility.