Tourmaline Oil Corp Stock Book Value Per Share

TRMLF Stock  USD 47.45  0.34  0.72%   
Tourmaline Oil Corp fundamentals help investors to digest information that contributes to Tourmaline Oil's financial success or failures. It also enables traders to predict the movement of Tourmaline Pink Sheet. The fundamental analysis module provides a way to measure Tourmaline Oil'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 Tourmaline Oil pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Tourmaline Oil Corp Company Book Value Per Share Analysis

Tourmaline Oil's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Tourmaline Oil Book Value Per Share

    
  42.97 X  
Most of Tourmaline Oil's fundamental indicators, such as Book Value Per Share, 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, Tourmaline Oil Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

In accordance with the recently published financial statements, the book value per share of Tourmaline Oil Corp is about 42.973 times. This is 77.87% higher than that of the Oil, Gas & Consumable Fuels sector and 250.51% higher than that of the Energy industry. The book value per share for all United States stocks is 97.78% higher than that of the company.

Tourmaline Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tourmaline Oil's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Tourmaline Oil could also be used in its relative valuation, which is a method of valuing Tourmaline Oil by comparing valuation metrics of similar companies.
Tourmaline Oil is currently under evaluation in book value per share category among its peers.

Tourmaline Fundamentals

About Tourmaline Oil Fundamental Analysis

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

Currently Active Assets on Macroaxis

Other Information on Investing in Tourmaline Pink Sheet

Tourmaline Oil financial ratios help investors to determine whether Tourmaline Pink Sheet 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 Tourmaline with respect to the benefits of owning Tourmaline Oil security.