Cielo Ptb Ratio vs Book Value Per Share Analysis

CMC Stock   0.11  0.01  10.00%   
Cielo Waste financial indicator trend analysis is way more than just evaluating Cielo Waste Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cielo Waste Solutions is a good investment. Please check the relationship between Cielo Waste Ptb Ratio and its Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cielo Waste Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Ptb Ratio vs Book Value Per Share

Ptb Ratio vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cielo Waste Solutions Ptb Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Cielo Waste's Ptb Ratio and Book Value Per Share is -0.2. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Cielo Waste Solutions, assuming nothing else is changed. The correlation between historical values of Cielo Waste's Ptb Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Cielo Waste Solutions are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Ptb Ratio i.e., Cielo Waste's Ptb Ratio and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Cielo Waste's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cielo Waste Solutions current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cielo Waste Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Cielo Waste's Selling General Administrative is fairly stable compared to the past year. Tax Provision is expected to grow at the current pace this year, despite the fact that Enterprise Value Over EBITDA is likely to grow to (2.38).
 2021 2022 2023 2024 (projected)
Reconciled Depreciation442.6K634K3.4M3.6M
Total Operating Expenses14.5M6.8M7.7M6.8M

Cielo Waste fundamental ratios Correlations

0.64-0.670.750.810.760.680.560.660.560.550.710.53-0.190.64-0.260.740.530.4-0.560.310.430.040.670.860.23
0.64-0.710.70.670.660.80.970.940.810.780.560.880.530.70.520.940.910.65-0.190.320.70.550.790.550.8
-0.67-0.71-0.43-0.41-0.25-0.99-0.77-0.85-0.91-0.29-0.15-0.87-0.3-0.47-0.13-0.73-0.85-0.940.74-0.76-0.860.11-0.96-0.42-0.35
0.750.7-0.430.920.760.50.640.640.520.660.660.510.110.460.180.820.510.26-0.230.20.220.340.430.690.38
0.810.67-0.410.920.880.480.570.640.510.660.810.48-0.010.410.070.80.480.17-0.150.230.160.320.440.870.28
0.760.66-0.250.760.880.340.470.540.370.680.990.34-0.130.53-0.030.670.38-0.010.11-0.030.080.580.350.920.42
0.680.8-0.990.50.480.340.830.90.950.380.240.90.360.510.230.80.90.93-0.650.740.840.030.960.470.46
0.560.97-0.770.640.570.470.830.940.820.740.350.940.660.670.590.930.950.75-0.310.380.810.390.840.380.76
0.660.94-0.850.640.640.540.90.940.920.590.440.970.460.540.420.90.980.77-0.360.570.820.30.920.570.59
0.560.81-0.910.520.510.370.950.820.920.320.270.920.410.320.360.780.910.87-0.440.810.760.170.90.480.45
0.550.78-0.290.660.660.680.380.740.590.320.60.50.480.810.470.820.540.190.01-0.210.360.530.40.440.74
0.710.56-0.150.660.810.990.240.350.440.270.60.23-0.240.47-0.120.560.27-0.120.19-0.1-0.020.60.250.910.36
0.530.88-0.870.510.480.340.90.940.970.920.50.230.550.480.470.830.990.85-0.430.630.90.190.940.390.55
-0.190.53-0.30.11-0.01-0.130.360.660.460.410.48-0.240.550.280.950.490.580.510.060.130.510.310.33-0.330.67
0.640.7-0.470.460.410.530.510.670.540.320.810.470.480.280.140.680.520.38-0.3-0.20.540.360.540.370.74
-0.260.52-0.130.180.07-0.030.230.590.420.360.47-0.120.470.950.140.450.510.330.30.070.320.490.19-0.270.66
0.740.94-0.730.820.80.670.80.930.90.780.820.560.830.490.680.450.840.62-0.330.360.620.370.760.60.67
0.530.91-0.850.510.480.380.90.950.980.910.540.270.990.580.520.510.840.84-0.370.580.890.270.930.40.62
0.40.65-0.940.260.17-0.010.930.750.770.870.19-0.120.850.510.380.330.620.84-0.680.750.89-0.10.890.120.42
-0.56-0.190.74-0.23-0.150.11-0.65-0.31-0.36-0.440.010.19-0.430.06-0.30.3-0.33-0.37-0.68-0.56-0.580.65-0.61-0.130.14
0.310.32-0.760.20.23-0.030.740.380.570.81-0.21-0.10.630.13-0.20.070.360.580.75-0.560.53-0.320.670.26-0.11
0.430.7-0.860.220.160.080.840.810.820.760.36-0.020.90.510.540.320.620.890.89-0.580.53-0.040.930.150.47
0.040.550.110.340.320.580.030.390.30.170.530.60.190.310.360.490.370.27-0.10.65-0.32-0.040.020.290.76
0.670.79-0.960.430.440.350.960.840.920.90.40.250.940.330.540.190.760.930.89-0.610.670.930.020.470.43
0.860.55-0.420.690.870.920.470.380.570.480.440.910.39-0.330.37-0.270.60.40.12-0.130.260.150.290.470.15
0.230.8-0.350.380.280.420.460.760.590.450.740.360.550.670.740.660.670.620.420.14-0.110.470.760.430.15
Click cells to compare fundamentals

Cielo Waste Account Relationship Matchups

Cielo Waste fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities5.2M19.1M3.0M14.5M9.6M8.4M
Net Tangible Assets5.9M24.5M31.6M12.9M14.8M12.1M
Retained Earnings(18.7M)(58.4M)(72.9M)(109.1M)(121.3M)(115.3M)
Accounts Payable2.3M4.1M2.0M1.4M1.4M2.1M
Net Receivables248.0K530.5K118K89K168K188.2K
Total Current Assets1.7M18.4M4.1M2.0M1.3M1.3M
Common Stock20.9M79.7M99.8M112.0M128.8M135.2M
Property Plant Equipment18.7M26.8M47.4M25.5M29.3M21.5M
Total Assets17.7M45.2M53.5M29.4M54.9M34.3M
Total Stockholder Equity2.8M24.5M33.6M14.8M41.2M43.3M
Net Debt4.1M10.2M11.6M8.7M3.8M3.6M
Cash81.6K17.2M2.7M1.2M376K357.2K
Non Current Assets Total16.0M26.8M49.4M27.3M53.6M29.7M
Long Term Debt8.8M563.6K14.3M4.1M4.8M6.1M
Common Stock Shares Outstanding244.0M611.7M662.3M910.2M113.3M107.6M
Non Current Liabilities Total9.8M1.6M17.0M61K4.1M6.1M
Total Liab14.9M20.7M19.9M14.6M13.7M15.4M
Net Invested Capital13.0M26.1M47.9M24.7M45.4M26.6M
Short Long Term Debt2.1M1.5M1M9.9M11.3M11.9M
Net Working Capital(3.4M)(688.0K)1.2M(12.5M)(8.2M)(7.8M)
Inventory152.9K342.2K394.5K132K126K181.0K
Capital Stock20.9M79.7M99.8M112.0M149.9M87.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Cielo Stock Analysis

When running Cielo Waste's price analysis, check to measure Cielo Waste'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 Cielo Waste is operating at the current time. Most of Cielo Waste's value examination focuses on studying past and present price action to predict the probability of Cielo Waste's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cielo Waste's price. Additionally, you may evaluate how the addition of Cielo Waste to your portfolios can decrease your overall portfolio volatility.