Wildbrain Stock Price To Earning

WILD Stock  CAD 0.99  0.01  1.00%   
WildBrain fundamentals help investors to digest information that contributes to WildBrain's financial success or failures. It also enables traders to predict the movement of WildBrain Stock. The fundamental analysis module provides a way to measure WildBrain'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 WildBrain stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

WildBrain Company Price To Earning Analysis

WildBrain's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current WildBrain Price To Earning

    
  19.60 X  
Most of WildBrain's fundamental indicators, such as Price To Earning, 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, WildBrain is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

WildBrain Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for WildBrain is extremely important. It helps to project a fair market value of WildBrain Stock properly, considering its historical fundamentals such as Price To Earning. Since WildBrain'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 WildBrain'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 WildBrain's interrelated accounts and indicators.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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WildBrain Retained Earnings

Retained Earnings

(439.19 Million)

WildBrain reported last year Retained Earnings of (462.31 Million)
Based on the latest financial disclosure, WildBrain has a Price To Earning of 19.6 times. This is 77.07% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The price to earning for all Canada stocks is 31.75% higher than that of the company.

WildBrain Current Valuation Drivers

We derive many important indicators used in calculating different scores of WildBrain from analyzing WildBrain's financial statements. These drivers represent accounts that assess WildBrain's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of WildBrain's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap382.4M264.0M476.0M232.7M209.4M235.7M

WildBrain Fundamentals

About WildBrain Fundamental Analysis

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

Pair Trading with WildBrain

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if WildBrain position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in WildBrain will appreciate offsetting losses from the drop in the long position's value.

Moving together with WildBrain Stock

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Moving against WildBrain Stock

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The ability to find closely correlated positions to WildBrain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WildBrain when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back WildBrain - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling WildBrain to buy it.
The correlation of WildBrain is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as WildBrain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WildBrain moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for WildBrain can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in WildBrain Stock

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