Canadian Tire Corp Stock Price To Book
| YAAA Stock | 104.60 1.80 1.75% |
Canadian Tire Corp fundamentals help investors to digest information that contributes to Canadian Tire's financial success or failures. It also enables traders to predict the movement of Canadian Stock. The fundamental analysis module provides a way to measure Canadian Tire'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 Canadian Tire stock.
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Canadian Tire Corp Company Price To Book Analysis
Canadian Tire'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 Canadian Tire Price To Book | 1.59 X |
Most of Canadian Tire'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, Canadian Tire Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 |
Based on the latest financial disclosure, Canadian Tire Corp has a Price To Book of 1.5888 times. This is much higher than that of the sector and significantly higher than that of the Price To Book industry. The price to book for all Germany stocks is notably lower than that of the firm.
Canadian Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian Tire'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 Canadian Tire could also be used in its relative valuation, which is a method of valuing Canadian Tire by comparing valuation metrics of similar companies.Canadian Tire is currently under evaluation in price to book category among its peers.
Canadian Fundamentals
| Current Valuation | 11.53 B | |||
| Price To Book | 1.59 X | |||
| Price To Sales | 0.50 X | |||
| Revenue | 17.81 B | |||
| EBITDA | 2.41 B | |||
| Net Income | 1.04 B | |||
| Total Debt | 3.22 B | |||
| Cash Flow From Operations | 566 M | |||
| Price To Earnings To Growth | 1.49 X | |||
| Market Capitalization | 7.93 B | |||
| Total Asset | 22.1 B | |||
| Z Score | 1.2 | |||
| Annual Yield | 0.05 % | |||
| Net Asset | 22.1 B |
About Canadian Tire Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian Tire Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Tire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Tire 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.
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Additional Tools for Canadian Stock Analysis
When running Canadian Tire's price analysis, check to measure Canadian Tire'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 Canadian Tire is operating at the current time. Most of Canadian Tire's value examination focuses on studying past and present price action to predict the probability of Canadian Tire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Tire's price. Additionally, you may evaluate how the addition of Canadian Tire to your portfolios can decrease your overall portfolio volatility.