Westbond Enterprises Corp Stock Price To Book
| WBE Stock | CAD 0.22 0.02 8.33% |
Westbond Enterprises Corp fundamentals help investors to digest information that contributes to Westbond Enterprises' financial success or failures. It also enables traders to predict the movement of Westbond Stock. The fundamental analysis module provides a way to measure Westbond Enterprises' 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 Westbond Enterprises stock.
Price To Book Ratio is likely to drop to 0.56 in 2024. Westbond | Price To Book |
Westbond Enterprises Corp Company Price To Book Analysis
Westbond Enterprises' 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 Westbond Enterprises Price To Book | 1.10 X |
Most of Westbond Enterprises' 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, Westbond Enterprises Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Westbond Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Westbond Enterprises is extremely important. It helps to project a fair market value of Westbond Stock properly, considering its historical fundamentals such as Price To Book. Since Westbond Enterprises' 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 Westbond Enterprises' 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 Westbond Enterprises' 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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Westbond Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Westbond Enterprises Corp has a Price To Book of 1.0968 times. This is 91.0% lower than that of the Paper & Forest Products sector and 6.26% lower than that of the Materials industry. The price to book for all Canada stocks is 88.47% higher than that of the company.
Westbond Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Westbond Enterprises' 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 Westbond Enterprises could also be used in its relative valuation, which is a method of valuing Westbond Enterprises by comparing valuation metrics of similar companies.Westbond Enterprises is currently under evaluation in price to book category among its peers.
Westbond Fundamentals
| Return On Equity | -0.0167 | ||||
| Return On Asset | -0.0015 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 10.58 M | ||||
| Shares Outstanding | 35.63 M | ||||
| Shares Owned By Insiders | 43.18 % | ||||
| Number Of Shares Shorted | 74 | ||||
| Price To Earning | 14.17 X | ||||
| Price To Book | 1.10 X | ||||
| Price To Sales | 0.86 X | ||||
| Revenue | 9.22 M | ||||
| Gross Profit | 2.75 M | ||||
| EBITDA | 1.12 M | ||||
| Net Income | (210.68 K) | ||||
| Cash And Equivalents | 474.03 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 2.46 M | ||||
| Debt To Equity | 59.60 % | ||||
| Current Ratio | 1.56 X | ||||
| Book Value Per Share | 0.21 X | ||||
| Cash Flow From Operations | 431.06 K | ||||
| Short Ratio | 0.01 X | ||||
| Beta | 0.72 | ||||
| Market Capitalization | 7.84 M | ||||
| Total Asset | 12.69 M | ||||
| Retained Earnings | 3.02 M | ||||
| Working Capital | 1.81 M | ||||
| Net Asset | 12.69 M | ||||
| Last Dividend Paid | 0.005 |
About Westbond Enterprises Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Westbond Enterprises Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Westbond Enterprises using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Westbond Enterprises 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.
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Additional Tools for Westbond Stock Analysis
When running Westbond Enterprises' price analysis, check to measure Westbond Enterprises' 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 Westbond Enterprises is operating at the current time. Most of Westbond Enterprises' value examination focuses on studying past and present price action to predict the probability of Westbond Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westbond Enterprises' price. Additionally, you may evaluate how the addition of Westbond Enterprises to your portfolios can decrease your overall portfolio volatility.