Ceres Ev To Sales vs Ptb Ratio Analysis

CRP Stock  CAD 2.46  0.01  0.41%   
Ceres Global financial indicator trend analysis is way more than just evaluating Ceres Global Ag prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ceres Global Ag is a good investment. Please check the relationship between Ceres Global Ev To Sales and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ceres Global Ag. 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.

Ev To Sales vs Ptb Ratio

Ev To Sales vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ceres Global Ag Ev To Sales account and Ptb Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ceres Global's Ev To Sales and Ptb Ratio is 0.58. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Ceres Global Ag, assuming nothing else is changed. The correlation between historical values of Ceres Global's Ev To Sales and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Ceres Global Ag are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Ev To Sales i.e., Ceres Global's Ev To Sales and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

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.
Most indicators from Ceres Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ceres Global Ag 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 Ceres Global Ag. 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.
As of the 29th of April 2025, Selling General Administrative is likely to grow to about 14.3 M, while Tax Provision is likely to drop (240.8 K).

Ceres Global fundamental ratios Correlations

0.550.09-0.59-0.480.690.43-0.61-0.630.970.690.010.410.870.930.270.570.480.430.420.53-0.340.410.520.540.47
0.550.11-0.43-0.410.190.33-0.43-0.410.340.23-0.330.050.180.36-0.10.380.01-0.080.560.45-0.660.360.470.250.07
0.090.110.320.56-0.37-0.70.380.320.070.690.670.290.140.140.750.44-0.250.63-0.65-0.60.330.06-0.53-0.59-0.26
-0.59-0.430.320.94-0.4-0.510.990.98-0.54-0.120.570.08-0.47-0.610.12-0.54-0.230.32-0.41-0.420.170.04-0.36-0.34-0.13
-0.48-0.410.560.94-0.45-0.670.960.92-0.430.120.70.09-0.35-0.460.44-0.33-0.270.51-0.58-0.580.220.07-0.5-0.48-0.23
0.690.19-0.37-0.4-0.450.67-0.45-0.480.730.18-0.270.350.580.54-0.1-0.110.80.140.510.71-0.350.410.690.810.78
0.430.33-0.7-0.51-0.670.67-0.56-0.520.38-0.26-0.58-0.070.220.3-0.58-0.130.4-0.370.850.96-0.590.420.930.870.53
-0.61-0.430.380.990.96-0.45-0.560.98-0.57-0.10.590.04-0.49-0.610.18-0.5-0.290.34-0.46-0.490.170.02-0.42-0.41-0.2
-0.63-0.410.320.980.92-0.48-0.520.98-0.59-0.180.550.04-0.49-0.640.08-0.53-0.350.26-0.4-0.430.150.02-0.37-0.36-0.23
0.970.340.07-0.54-0.430.730.38-0.57-0.590.720.110.440.930.940.330.530.540.510.320.47-0.190.350.450.540.51
0.690.230.69-0.120.120.18-0.26-0.1-0.180.720.590.510.740.750.780.710.190.82-0.24-0.150.110.21-0.11-0.080.12
0.01-0.330.670.570.7-0.27-0.580.590.550.110.590.360.320.170.590.24-0.250.82-0.51-0.50.37-0.13-0.46-0.43-0.21
0.410.050.290.080.090.35-0.070.040.040.440.510.360.560.270.190.130.450.36-0.170.080.240.030.120.160.21
0.870.180.14-0.47-0.350.580.22-0.49-0.490.930.740.320.560.910.330.60.390.550.170.290.040.050.260.350.33
0.930.360.14-0.61-0.460.540.3-0.61-0.640.940.750.170.270.910.350.720.310.510.280.34-0.150.210.310.340.33
0.27-0.10.750.120.44-0.1-0.580.180.080.330.780.590.190.330.350.440.060.75-0.59-0.520.260.14-0.46-0.38-0.13
0.570.380.44-0.54-0.33-0.11-0.13-0.5-0.530.530.710.240.130.60.720.44-0.230.33-0.07-0.140.1-0.14-0.16-0.23-0.18
0.480.01-0.25-0.23-0.270.80.4-0.29-0.350.540.19-0.250.450.390.310.06-0.230.110.180.44-0.010.340.450.610.61
0.43-0.080.630.320.510.14-0.370.340.260.510.820.820.360.550.510.750.330.11-0.29-0.240.090.23-0.2-0.110.17
0.420.56-0.65-0.41-0.580.510.85-0.46-0.40.32-0.24-0.51-0.170.170.28-0.59-0.070.18-0.290.88-0.80.330.830.750.42
0.530.45-0.6-0.42-0.580.710.96-0.49-0.430.47-0.15-0.50.080.290.34-0.52-0.140.44-0.240.88-0.660.540.990.930.58
-0.34-0.660.330.170.22-0.35-0.590.170.15-0.190.110.370.240.04-0.150.260.1-0.010.09-0.8-0.66-0.57-0.69-0.51-0.27
0.410.360.060.040.070.410.420.020.020.350.21-0.130.030.050.210.14-0.140.340.230.330.54-0.570.610.580.49
0.520.47-0.53-0.36-0.50.690.93-0.42-0.370.45-0.11-0.460.120.260.31-0.46-0.160.45-0.20.830.99-0.690.610.90.53
0.540.25-0.59-0.34-0.480.810.87-0.41-0.360.54-0.08-0.430.160.350.34-0.38-0.230.61-0.110.750.93-0.510.580.90.74
0.470.07-0.26-0.13-0.230.780.53-0.2-0.230.510.12-0.210.210.330.33-0.13-0.180.610.170.420.58-0.270.490.530.74
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Ceres Global Account Relationship Matchups

Ceres Global fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets338.6M333.9M263.6M259.4M259.2M267.3M
Total Stockholder Equity156.9M149.5M142.7M151.0M153.6M156.9M
Retained Earnings(25.3M)(34.1M)(42.0M)(32.6M)(26.3M)(27.6M)
Other Assets18K9.7M3.1M(182K)(163.8K)(155.6K)
Cash And Short Term Investments5.0M18.0M6.8M4.6M7.7M7.3M
Net Receivables43.8M52.3M37.1M47.4M15.9M25.3M
Common Stock Shares Outstanding32.7M30.8M31.1M32.0M36.8M24.6M
Short Term Investments809K779K784K1.9M1.7M1.6M
Liabilities And Stockholders Equity338.6M333.9M263.6M259.4M298.3M266.3M
Other Stockholder Equity8.8M7.0M7.0M1.2M18.2M30.4M
Total Liab181.7M184.4M121.0M108.4M105.6M110.4M
Total Current Assets188.5M189.4M122.6M129.8M144.9M120.9M
Short Term Debt82.8M57.5M21.5M18.7M57.2M49.3M
Other Current Liab25.1M24.7M11.4M18.2M16.3M13.5M
Total Current Liabilities149.3M135.4M77.6M67.5M85.3M92.4M
Net Debt109.3M88.1M57.3M55.4M63.7M61.5M
Cash4.2M17.2M6.0M2.7M2.5M2.3M
Inventory112.0M66.5M57.7M39.0M112.6M70.9M
Other Current Assets27.7M52.5M20.9M38.9M3.8M3.6M
Short Long Term Debt Total113.5M105.3M63.4M58.1M52.3M62.1M
Property Plant And Equipment Net118.5M108.7M103.7M92.9M106.8M103.2M
Non Current Assets Total150.1M144.5M141.2M129.6M149.0M120.3M
Non Currrent Assets Other450K18K29K60K54K51.3K
Non Current Liabilities Total32.3M49.1M43.3M40.9M47.0M27.6M
Property Plant And Equipment Gross151.3M146.5M147.2M138.7M159.5M115.8M
Accounts Payable41.5M53.2M44.7M30.7M35.3M27.5M
Intangible Assets2.3M1.9M1.7M1.4M287.8K273.4K
Other Liab1.7M1.6M1.3M1.5M1.7M1.2M
Net Tangible Assets137.6M149.9M142.9M136.3M122.7M120.2M
Long Term Investments14.9M26.1M26.6M27.7M31.9M33.5M
Short Long Term Debt82.1M57.0M21.0M18.1M16.3M15.5M
Property Plant Equipment118.5M108.7M103.5M111.2M127.8M116.9M
Long Term Debt27.6M45.2M39.8M37.5M20.4M28.3M
Long Term Debt Total30.7M47.8M41.8M20.4M23.4M27.5M
Capital Surpluse7.0M7.0M7.0M7.0M6.3M6.5M

Pair Trading with Ceres Global

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 Ceres Global 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 Ceres Global will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ceres Stock

  0.62SEC Senvest CapitalPairCorr
  0.68BMO Bank of MontrealPairCorr

Moving against Ceres Stock

  0.92H Hydro OnePairCorr
  0.92DBG Doubleview Gold CorpPairCorr
  0.88BRK Berkshire Hathaway CDR Earnings Call ShortlyPairCorr
  0.84L Loblaw Companies Earnings Call ShortlyPairCorr
  0.8SPB Superior Plus CorpPairCorr
The ability to find closely correlated positions to Ceres Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ceres Global 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 Ceres Global - 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 Ceres Global Ag to buy it.
The correlation of Ceres Global 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 Ceres Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ceres Global Ag 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 Ceres Global 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 Ceres Stock

Balance Sheet is a snapshot of the financial position of Ceres Global Ag at a specified time, usually calculated after every quarter, six months, or one year. Ceres Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ceres Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ceres currently owns. An asset can also be divided into two categories, current and non-current.