FBF Stock | | | CAD 1.41 0.01 0.70% |
Fab Form financial indicator trend analysis is much more than just examining Fab Form Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fab Form Industries is a good investment. Please check the relationship between Fab Form Pb Ratio and its Ptb Ratio accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fab Form Industries. 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.
Pb Ratio vs Ptb Ratio
Pb Ratio vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fab Form Industries Pb Ratio account and
Ptb Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Fab Form's Pb Ratio and Ptb Ratio is 1.0. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Fab Form Industries, assuming nothing else is changed. The correlation between historical values of Fab Form's Pb Ratio 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 Pb Ratio of Fab Form Industries 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 Pb Ratio i.e., Fab Form's Pb Ratio and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Pb Ratio
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 Fab Form's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fab Form Industries 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fab Form Industries. 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, Fab Form's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 15.6
M in 2024, whereas
Tax Provision is likely to drop slightly above 208.5
K in 2024.
Fab Form fundamental ratios Correlations
Click cells to compare fundamentals
Fab Form Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fab Form fundamental ratios Accounts
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Additional Tools for Fab Stock Analysis
When running Fab Form's price analysis, check to
measure Fab Form'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 Fab Form is operating at the current time. Most of Fab Form's value examination focuses on studying past and present price action to
predict the probability of Fab Form's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fab Form's price. Additionally, you may evaluate how the addition of Fab Form to your portfolios can decrease your overall portfolio volatility.